- What it is
Share Tracking and Ranking (STAR) share selection screens have been
developed over the past 27 years in order
to create a reliable methodology for building and managing
share portfolios that regularly outperform the market.
STAR involves employing a monthly digital screening process that
ranks all shares in the underlying database (more than 350 larger
listed companies and more than 800 AIM ones) according to their
expected growth in earnings over the next two years, their current
and future valuation, their borrowing levels and various other factors
such as recent changes to earings estimates, return on capital employed
and capital expenditure levels. From the resultant ranked list portfolios
are selected that are designed to meet pre-determined criteria.
STAR approach to equity investment enables anyone, without any prior
knowledge of investment, to set up and manage a share portfolio
easily, quickly, cheaply and above all effectively.
to the STAR monthly newsletters receive a short User Guide that
explains how to choose the portfolio template that best
meets their needs. There are four proven portfolio templates that
have been designed to meet the objectives of capital growth, a combination
of growth and income as well as high income derived from holdings
of ten or twenty shares selected from more than 350 of the larger
companies listed on the main London Stock Exchange. There is also
a higher risk template gleaned from an analysis of more than 800
smaller companies listed on the Alternative Investment Market (AIM).
addition to the latest recommended portfolios and a sales list for
larger companies each newsletter also contains updated valuations
of the current year's portfolios as well as a more detailed profile
and analysis of an individual company or a more detailed article
on a particular aspect of the STAR analysis process.
For a more detailed
explanation of the STAR process please download the
guidelines for using STAR and the STAR newsletters to set up, build
and then manage your own share portfolio are set out in the detailed
independent comment on the STAR value investing process please check
out the Press