Ford Equity Research Profile

Performance Summary Methodology

Peer Rank:5 out of 13

Number of Stocks in Option Selected:772

Number of Stocks in Total Coverage:11854

Selected Period Return: 16.70%

S&P 500 Return: 23.32%

Average Market Cap (Mil.):$26,461,191,463.15

Period Range:$36,607.60 - $48,625.61

Turnover:567.41%

Price change

Last Price:$21,032.26

Previous Close:$45,328.15

Change Today:($24,295.89) (-53.60%)

Ford Equity Research

Founded in 1970, Ford has invested more than three decades in collecting, validating, and standing behind the highest quality current and historical fundamental data in the industry. Ford has used this fundamental foundation to implement a very successful stock selection process that has been documented since 1974.

Ford Equity Research begins with fundamental data collection, which includes a thorough validation process to ensure the most accurate inputs into its recommendation method. As part of this effort, Ford conducts an analysis of the quality of earnings for each company. Ford’s analysts go through the earnings releases adjusting for unusual revenue and expense items that may be inflating or penalizing the true operating earnings capability of the company.

The cleaned operating earnings are used to compute the valuation for the company and to measure the historical growth trend, using a proprietary formula that has been successful since 1974. The historical growth trend is then combined with the implied growth rates from analysts’ estimates and a measure of the accuracy of those estimates to create an earnings momentum measure that is more accurate than each of the individual inputs. The earnings momentum measure and the current valuation combine to determine the intermediate and long term attractiveness of the company.

As a final input, the long-term and short-term price performance is studied to determine the near term potential for price gain. This near term price gain expectation is blended with the intermediate and long term attractiveness to arrive at an overall recommendation.

Ford`s ratings covers over 4000 companies including approximately 430 Canadian companies and 470 foreign-based companies with issues traded on US exchanges. For each company, we produce a weekly multi-page report that details Ford’s most current recommendation based on a systematic review that takes into account company fundamentals and price performance.

For more information please contact our office at 800-842-0207, email us at IER@FordEquity.com, or visit our web site at www.fordequity.com

Ford Equity Research Profile (Quantitative)

Cumulative Return, % Price, $ Compare to Antindex [?] Compare to Benchmark

Ford Equity Research Profile (Quantitative)

Ratings Distribution

Number of Stocks : 2795

Buy 772 (27.6%)

Neutral 1729 (61.9%)

Sell 294 (10.5%)

Coverage Components