Rebalance Frequency: 4 Weeks Ranking Method: Percentile NAs Negative Slippage (% of trade amount): 0.0 Transaction Type: Long Universe: Insider (Custom Universe Benchmark: Russell3000 w/Div Number of Buckets: 5 Minimum Price: 3.0 Sector: -- ALL – RETURNS: 7.2 4.5 7.5 8.3 9.0 10.9 Arrow: Pointing Up Insider Sell Transactions
• This signal is not as effective
•Arrow points down • Insiders sell for multiple reasons, not just because they think the company’s share price is going to decrease in the future. •i.e. Bill Gates