The Value Line Dow Jones Stock Evaluation Model: Is It Useful?
The Value Line Dow Jones Model (1) (hereafter referred to as the VL-DJ model) states that, apart from statistical error, the annual percentage change in the Dow Jones Index is linearly related to the annual percentage change in Earnings Per Share on the Dow Jones Index, the annual percentage change in the Dividends Per Share on the Dow Jones ... ................
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