I decided to do a little work regarding my earlier post today. My addition was instead of an absolute market cap, I used a relative market cap - "big" meaning the 25 largest of the 50 stocks from the list and "small" meaning the 25 smallest. Simple.
So here are results by dividend flag and by big/small
| Market Cap | 0 | 1 | Total |
| Big | 5% | 24% | 11% |
| Small | 6% | 8% | 6% |
| Total | 5% | 17% | 9% |
So if dividend flag is 0 (meaning lower than 2.6% yield), the results are basically agnostic by market cap (on relative basis). But if flag is one... you are much better off picking from 25 largest stocks. I may change my formula approach to incorporate that relativity.
Thene here are splits by year for dividend flag = 1.
| Year | big | Small | Total |
| 2006 | 51% | 8% | 34% |
| 2007 | 6% | -26% | -12% |
| 2008 | -2% | -7% | -4% |
| 2009 | 46% | 57% | 51% |
| 2010 | 24% | 11% | 18% |
| 2011 | 21% | -2% | 9% |
| 2012 | 50% | 21% | 41% |
| 2013 | 41% | 7% | 27% |
| 2014 | 10% | 7% | 9% |
| 2015 | 0% | 2% | 1% |
| 2016 | 4% | 29% | 15% |
| Grand Total | 24% | 8% | 17% |
Again has not really worked in 2015 & 2016. Otherwise very strong.
Have a great day... eat turkey. Watch football.
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