- The 50 ZEUS value stocks highlighted last year lost 20 per cent over 12 months compared with 15 per cent from the FTSE All Share
- The top 5 ZEUS stocks lost a staggering 69 per cent
- Is traditional value investing dead?
- Dare you see which 50 stocks pass the screen’s tests this year?
Value investing has been doing very badly for a long time but lockdown has dealt the investment style a fresh and powerful blow. My ZEUS stock screen is probably the most unadulterated 'value' screen run on these pages as it has a very basic focus on valuation and the concept of “reversion to mean”. It really took both barrels from the value melt-down.
The performance over the past 12 months has been extraordinarily bad. Indeed, if there is a positive to be taken from the performance, it is that it provides a visceral illustration of just what a fraught year it has been for investors that like to buy the cheap stuff.