Each bank uses its own method to communicate. Their buy and sell recommendations Some use a three-point scale, others a five-point scale. Also the name of the advice varies.
Valuespectrum.com translates all terms and methodologies to a three-point scale, with the categories:
The category 'buy' comprises Valuespectrum.com include the terms:
The category 'hold' comprises Valuespectrum.com include the terms:
The category of "sell" includes to Valuespectrum.com include the terms:
On Valuespectrum.com for each one advice returns. It is calculated as follows: Buy Recommendation: ((current price-rate consulting date) / Course advised date) * 100% Sales advice: - ((current price-rate consulting date) / Course advised date) * 100% Hold Advice: (( Current exchange-rate advice to date) / Course advised date) * 50% The formula of love advice is the same as that of the buy recommendation. However, it is corrected by a factor of 0.5. This is because a hold recommendation can be seen as a disguised buy recommendation. A hold opinion 'long exposure' means any person who is in possession of those shares, is "advised" to keep these (positive) position. However, it is less powerful hold opinion / positive than the buy recommendation. Returns are calculated on the basis of the daily closing prices.