WHAT IS SEER ?
SEER is a unique equity strategy service that uses only actually reported economic data to determine the S&P industries that will outperform or
under- perform. SEER eliminates the risk inherent in forecasting
fundamental economic and industry data.
HOW DOES SEER WORK ?
SEER uses a turning point methodology that focuses on identifying trend changes in the economic fundamentals – financial, competition, demand, supply, costs, and pricing-- that drive relative earnings and relative stock performance. Turning points are exactly when most investment strategies
have their greatest difficulty.
WHY DOES SEER WORK ?
SEER exploits two market inefficiencies. First, SEER focuses on the markets most neglected area of research, the third of stock performance due to industry factors. Second, SEER uses the wealth of micro economic data ignored by most investors
WHAT MAKES SEER UNIQUE ?
SEER is a completely open system, not some mysterious black box you can not understand.
SEER emphasizes stability; buy or sell recommendations usually remain in place one to two years.
SEER uses comparative data to determine relative performance, avoiding the typical analysts’ problem of looking at stocks in isolation.
SEER shows when P/E, interest rate changes will offset or reinforce earnings trends.
SEER is a systematic discipline that shows when to buy on bad news and sell on good news.
SEER gives equal emphasis to sell recommendations. It is an unbiased sell discipline.
WHO USES SEER ?
STOCKPICKERS find winners where economic fundamentals are positive and avoid losers where fundamentals are negative.
QUANTS get a consistent, disaggregate economic input not readily available elsewhere.
VALUE INVESTORS learn when a cheap stock will stay cheap and so avoid buying too early.
RESEARCH DIRECTORS see when analysts are too optimistic or pessimistic as SEER is a good earnings surprise model.
HOW WELL DOES SEER WORK?
SEER divides the S&P 500 into buy, hold and sell portfolios. In twenty one years of live performance SEER has consistently added value. On average, SEER’s buy portfolio beat the sell portfolio by some eight percentage points a year.
SEER BUY AND SELL PORTFOLIOS
(ANNUAL PERCENT DIFFERENCES)
HOW DO I GET SEER?
Contact Spencer England
Spencer England's Equity Review
12 Lafayette Place
Woburn, MA 01801