This back-tests transportation stocks for the EP model run at Y-6.
One Year Return Two Year Return Three Year Return Four Year Return Five Year Return Six Year Return Return for Year Two Return for Year Three Return for Year Four Return for Year Five Return for Year Six Observations: A score of seven represents the second highest score possible for this group (none do research and development) and hence is a good score. However, this group does not perform well until Year Three and only for that year. Group 1, which would be predicted to be the worst performer has done very well. It is worth noting, however, that this group only has one stock in it.