Let’s start with the answer first…
Answer:
Thanks for reaching out.
You are correct. The Convergys (CVG) PDF report was updated after the Valuentum Buying Index screen was published (the screen that is on the left column of our home page). The next update of the Valuentum Buying Index screen will include the updated information. The latest article that mentions Convergys, which you reference, explains that there has been a change to the rating since the last screen. The dates are very important, and the most recent information will always be found in the individual PDF reports.
We don’t have a hard-and-fast rule for the big middle of Valuentum Buying Index ratings (3-8), which we generally view as “we’d consider holding” territory. So, a Valuentum Buying Index rating of a 6, for example, could either be constructive or less exciting, and this hits on the importance of the qualitative overlay to the Valuentum Buying Index rating system. Our best ideas are always included in the newsletter portfolios at any time.
Here’s a study on how to think about the performance of the ratings.
Please let me know if there is anything else.
Question:
Is your VBI score for Convergys accurate? I noticed at the top of the PDF, it indicates that the VBI is currently a 7. The article is new; it indicates that the rating is dated 5/26/15 and the data is current as of 5/15/15. However, as you mentioned in your BRCM article yesterday (5/27/2015), the VBI is a 10; which is echoed on your VBI page which you updated this past Friday. May I presume that the grade of 7 on the individual report is inaccurate?
Also, minor point… I thought you might like to know that the legend at the top of the VBI page might have an error too. You indicate that those companies with a rating of 6 through 8, you’d consider “constructive” and then you state that those with a 3 through 6 you’d consider “Less exciting” – I presume the former should be VBI ratings of 7 through 8 based up the bars in the large graph?