{"id":788,"date":"2020-10-22T09:59:17","date_gmt":"2020-10-22T09:59:17","guid":{"rendered":"https:\/\/supervalem.ee\/home\/"},"modified":"2024-12-31T21:41:25","modified_gmt":"2024-12-31T19:41:25","slug":"avaleht","status":"publish","type":"page","link":"https:\/\/www.supervalem.ee\/en\/","title":{"rendered":"Home"},"content":{"rendered":"

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Tool to find the best shares on the Baltic Stock Exchange<\/h2>\n<\/div>\n\n\n\n
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Supervalem.ee on loodud selleks, et aidata investoritel leida Balti b\u00f6rsilt madala riskiga ja k\u00f5rge tootlusega aktsiaid. Ettev\u00f5tete andmeanal\u00fc\u00fcs on aja- ja t\u00f6\u00f6mahukas \u2013 supervalem.ee teeb suurema osa sellest investori eest \u00e4ra. Andmeanal\u00fc\u00fcsiks kasutame magic formulat. Supervalem.ee katab kogu Balti b\u00f6rsi p\u00f5hi- ja lisanimekirja (v\u00e4lja arvatud finantsettev\u00f5tted).<\/h5>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n
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What is the magic formula?<\/h2>\n<\/div>\n\n\n\n
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Magic formulat kirjeldas Joel Greenblatt raamatus “The Little Book That Still Beats the Market<\/a>“. N\u00fc\u00fcd on “Eduka investori taskuraamat” saadaval ka eesti keeles. Magic formula p\u00f5hineb lihtsal fundamentaalsel v\u00e4\u00e4rtusinvesteerimisel<\/a> ja koosneb kahest komponendist: kapitali tasuvus (Return on capital, ROC) ja aktsiahinna kasumitootlus (Earnings yield). <\/p>\n\n\n\n

K\u00f5rge kapitali tasuvusega ettev\u00f5tted teenivad palju v\u00f5rreldes sellega, kui palju ettev\u00f5te peab maksma, et osta varasid, millest see tulu teeniti. Ettev\u00f5tetel, mis saavutavad k\u00f5rge kapitali tasuvuse, on t\u00f5en\u00e4oliselt mingi eriline eelis. See eriline eelis aitab neil hoida v\u00f5imet teenida \u00fcle keskmise kasumit. <\/p>\n\n\n\n

K\u00f5rge kasumi tootlusega ettev\u00f5tted teenivad palju v\u00f5rreldes aktsiate eest makstava hinnaga. Magic formula valib ettev\u00f5tted l\u00e4bi j\u00e4rjestuss\u00fcsteemi. Need ettev\u00f5tted millel on k\u00f5rge kapitali tasuvus (head ettev\u00f5tted) ja ka k\u00f5rge kasumi tootlus (odav aktsiahind) on need, mille valem j\u00e4rjestab parimateks.<\/p>\n\n\n\n

While a typical stock market index basically buys an average company at an average price, the magic formula aims to buy better-than-average companies, but only if they are available at a better-than-average price.<\/p>\n<\/div>\n<\/div>\n\n\n\n

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How does the magic formula benefit investors?<\/h2>\n<\/div>\n\n\n\n
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In the table in Joel Greenblatt's book The Little Book That Still Beats the Market<\/a> , the Magic Formula returns averaged 30.8% per year over 17 years. This is a very good result!<\/p>\n<\/div>\n<\/div>\n\n\n\n

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Source: The Little Book That Still Beats the Market<\/a><\/strong><\/figcaption><\/figure>\n\n\n\n

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The Magic Formula has also been tested in several European universities and also with very good results.<\/p>\n\n\n\n

For example, Topias Kukkasniemi from the University of Lappeenranta investigated in his master thesis whether it is possible to beat market indices using value investing strategies.<\/p>\n\n\n\n

The Use of Systematic Value Strategies in Separating the Winners from the Losers: Evidence from the Finnish Markets<\/a><\/p>\n\n\n\n

Kukkasniemi, Topias (2013)<\/p>\n\n\n\n

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Check out the membership plans<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n
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Mina kasutan Supervalemi aktsiatabelit nii, et iga kuu ostan kolme esimese ettev\u00f5tte aktsiaid v\u00f5rdsetes osades, ja seej\u00e4rel hoian aktsiaid v\u00e4hemalt aasta. Kui aktsia viimasest ostust on aasta m\u00f6\u00f6das, siis m\u00fc\u00fcn ja ostan saadud raha eest taas v\u00f5rdsetes osades Supervalemi aktsiatabeli top 3 ettev\u00f5tte aktsiaid. Nii toimides tekib aja jooksul portfell umbes 10 hea ettev\u00f5tte aktsiatest, mis on k\u00f5ik ostetud soodsa hinnaga.
Sama strateegia p\u00f5hjal on loodud Supervalemi testportfell, mille tulemusi kajastan igakuiselt Supervalemi blogis https:\/\/supervalem.ee\/category\/testportfellid\/<\/a> .
Kui sa vaatad Supervalemi aktsiatabeli tipus olevaid ettev\u00f5tteid, siis kindlasti m\u00e4rkad, et enamiku kohta on ajalehtedes negatiivseid uudiseid olnud. Miks on hea m\u00f5te sellistesse ettev\u00f5tetesse investeerida on lahti kirjutatud blogipostituses https:\/\/supervalem.ee\/kas-ma-toesti-peaksin-investeerima-supervalemi-aktsiatabeli-tipus-olevatesse-kahtlastesse-ettevotetesse\/<\/a><\/p>\nHarri Lumiste<\/cite><\/blockquote>\n\n\n\n