June 3, 2016

VALUATION WATCH: Overvalued stocks now make up 47.33% of our stocks assigned a valuation and 15.00% of those equities are calculated to be overvalued by 20% or more. Eight sectors are calculated to be overvalued.

ValuEngine Index Overview

ValuEngine Market Overview

ValuEngine Sector Overview

Sector Talk--Utilities

  Below, we present the latest data on Utilities stocks from our Professional Stock Analysis Service    Top five lists are provided for each category.  We applied some basic liquidity criteria--share price greater than $3 and average daily volume in excess of 100k shares. We have been following the sector closely of late because it has been correlated so tightly to overall equity price moves.

Top-Five Utilities Stocks--Short-Term Forecast Returns

Top-Five Utilities Stocks--Long-Term Forecast Returns

Top-Five Utilities Stocks--Composite Score

Top-Five Utilities Stocks--Most Overvalued

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AeroCentury Corp. (ACY) was formed to acquire JetFleet Aircraft, L.P. and JetFleet Aircraft II, L.P., in a statutory merger. The company is an operating lessor and finance company which specializes in leasing used turboprop aircraft and engines. The company's aircraft and engines are on lease to regional airlines and commercial users in the U.S., Canada, the U.K., South America and Europe.

ValuEngine continues its STRONG BUY recommendation on AEROCENTURY CP for 2016-06-02. Based on the information we have gathered and our resulting research, we feel that AEROCENTURY CP has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio and Book Market Ratio.

Read our Complete Detailed Valuation Report on AeroCentury HERE.

Valuation & Rankings
Valuation	30.97% undervalued	Valuation Rank(?)	87
1-M Forecast Return	1.65%	1-M Forecast Return Rank	100
12-M Return	16.57%	Momentum Rank(?)	84
Sharpe Ratio	-0.09	Sharpe Ratio Rank(?)	49
5-Y Avg Annual Return	-5.05%	5-Y Avg Annual Rtn Rank	45
Volatility	57.48%	Volatility Rank(?)	32
Expected EPS Growth	-94.22%	EPS Growth Rank(?)	4
Market Cap (billions)	0.02	Size Rank	17
Trailing P/E Ratio	2.92	Trailing P/E Rank(?)	100
Forward P/E Ratio	50.51	Forward P/E Ratio Rank	7
PEG Ratio	n/a	PEG Ratio Rank	n/a
Price/Sales	0.46	Price/Sales Rank(?)	82
Market/Book	0.40	Market/Book Rank(?)	93
Beta	0.22	Beta Rank	77
Alpha	0.03	Alpha Rank	71

ValuEngine In The News

Editor's Note: The Following Article Was Posted By Integrity Research

ValueEngine Adds Chinese Research Reports After Deal With Online Broker

Independent quantitative research firm ValuEngine is offering Chinese language stock reports as a result of partnership with online broker SogoTrade.

Melbourne Florida-based ValuEngine produces 12-page PDF reports every day for around 4,100 US stocks using its valuation and forecast models, which are now translated into Chinese.

Sogotrade was launched in 2014 by the former President of Scottrade Hong Kong.  ValuEngine set up a subsidiary registered in Hong Kong to distribute its new reports to Chinese institutions and investors.

ValuEngine was founded in 1996 by Zhiwu Chen, a professor at the Yale School of Management, and Chia-Yu Chang.  The firm uses fundamental models and momentum models for stock recommendations and has added portfolio construction and tracking products.  The target markets are both retail and institutional investor clients.

Our Take

Distribution agreements with online brokers can be a significant source of income for independent research firms, especially quantitative research firms like ValuEngine which offer broad coverage.  For ValuEngine the added cost of translation was a worthwhile tradeoff for the Chinese distribution opportunity.

BY Sanford Bragg

May 2, 2016

ValuEngineCapital Money Management Services

We are pleased to announce that ValuEngine Capital has begun trading for our clients. ValuEngine Capital, a registered investment advisory firm, offers our clients investment-management services based on industry-leading ValuEngine research. ValuEngine Capital melds the cutting-edge financial theory of ValuEngine's award-winning quantitative independent research with the best real-world Wall St. practices. ValuEngine Capital offers refined investment portfolios for investors of all risk-reward profiles.

ValuEngine Capital is offering three investment strategies to clients, the ValuEngine View Strategy, the ValuEngine Market Neutral Strategy, and the ValuEngine Diversified Strategy.

ValuEngine View Strategy: The ValuEngine View Strategy is the product of a sophisticated stock valuation model that was first developed by ValuEngine's academic research team. It utilizes a three factor approach: fundamental variables such as a company's trailing 12-month Earnings-Per-Share (EPS), the analyst consensus estimate of the company's future 12-month EPS, and the 30-year Treasury yield are all used to create a more accurate reflection of a company's fair value. A total of eleven additional firm specific variables are also used. The ValuEngine View portfolio is constructed by integrating both our Aggressive Growth—based on the Valuation Model--and Diversified Growth—based on the Forecast Model-- Portfolio Strategies. The ValuEngine View Strategy is constructed by integrating this model along with some basic rules for market capitalization and industry diversification. The portfolio has 15 stocks and is rebalanced once each month.

ValuEngine Market Neutral Strategy: The ValuEngine Market Neutral Strategy is the product of ValuEngine's Forecast Model. This model was developed by a team of PhD's and is based on the cutting edge economic theories of Wall Street professionals and Ivy League academics. We carefully examine dozens of fundamental and technical factors for over 8,000 individual stocks, synthesize the data, and then come up with a sector-diverse list of our best and worst forecast 1-month return stocks. Short and long-term historic factors in the VE Forecast model's calculation include past-valuation levels of the stock and its recent price-momentum factor relative to other stocks. The ValuEngine Market Neutral Strategy utilizes Forecast Model outputs along with market capitalization, price, and sector diversification rules to construct a monthly portfolio made up of 16 stocks for both the long and short sides.

Strategies To Suit All Investor Types

The ValuEngine Diversified Strategy: The ValuEngine Diversified Strategy invests in a variety of asset classes in order to provide investors with stable returns and a high- dividend yield coupled with significantly lower risk than single-asset products. The ValuEngine Diversified Strategy may include ETFs focused on commodities, stock indices, REITS, bonds, emerging markets, and other suitable products. By reaping the benefits of diversification, the ValuEngine Diversified Strategy seeks to remain resilient during times of market volatility. The ValuEngine Diversified Strategy is designed for investors seeking management for their IRA and other retirement funds as well as those whose risk-profile is not suitable for our other strategies.

For more information, please contact us by email at info@ValuEngineCapital.com or by phone at (407) 308-5686.

ValuEngine.com is an independent research provider, producing buy/hold/sell recommendations, target price, and valuations on over 7,000 US and Canadian equities every trading day.

 Visit www.ValuEngine.com for more information

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