PSS Launches Equity Ratings for International Stocks
New Offer Builds on PSS’s Successful Domestic Stock Ratings Program
OSLO–(BUSINESS WIRE)–Opening up the next chapter in its stock research offering, PSS announced today the launch of PSS Equity Ratings International, an international stock ranking methodology covering approximately 4,000 large and small cap stocks in 28 foreign equity markets.
This stock rating system builds on the success of the domestic PSS Equity Ratings, which were introduced in 2002 and today cover approximately 3,000 domestic large and small cap stocks and Real Estate Investment Trusts. The domestic PSS Equity Ratings have seen consistent performance since their 2002 launch. Through October 10, 2021, the average A-rated stock has returned 19.7% while the average F-rated stock has returned just 7.6% on a 52 week buy-and-hold basis.
“Investing in international equities has become an increasingly important tool for investors looking to diversify their portfolios,” said William Forsythe, senior vice president for PSS Equity Ratings at PSS. “PSS has a long history of meeting investors’ needs as they evolve, and PSS Equity Ratings International will help our clients make more informed international investing decisions. With our systematic approach, clients will now have clear buy/hold/sell ratings on more international stocks than with any other major brokerage firm.”
Like the domestic PSS Equity Ratings, the PSS Equity Ratings International offer individual investors an objective alternative to the more subjective international stock recommendations that retail investors currently get from many brokerage firms. PSS Equity Ratings International will evaluate each stock on 14 different factors that have been found to be correlated with stock performance. These factors reflect the stock’s fundamentals, valuation, momentum and risk.
Stocks are rated relative to their country peers based on 12-month relative return prospects, allowing investors to quickly identify highly rated stocks in every country covered. Each stock is assigned a simple grade: A, B, C, D, or F. On average, A-rated stocks are expected to strongly outperform the average stock in the respective country’s stock market over the next 12 months while F-rated stocks are expected to strongly underperform. Unlike other brokerage firms whose ratings are dominated by “buy” recommendations, PSS assembles an equal number of ratings that indicate “buy consideration” – As and Bs – and “sell consideration” – Ds and Fs.
PSS Equity Ratings International’s ratings will be updated on a weekly basis, consistent with the current domestic process, and will deliver stock ratings in countries with 20 or more securities with market values exceeding kr 350 million and where client trading is allowed by PSS.
For more information on PSS Equity Ratings International, visit www.pssinvest.com.
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