Euclidean simulated portfolios of thirty stocks from 1972 to 2017. Portfolios of Acquirer’s Multiple stocks were compared to portfolios of Magic Formula stocks and the market. Euclidean ran the test in each of Greenblatt’s three universes: stocks with a market caps bigger than $50 million, $200 million, and $1 billion. The results are stunning. (For details on the simulation, see the appendix.) Market Cap $50 Million And Above
