I agree with you. That article is like a memo to a tactic that I was following and drove me in the wrong direction of force-trying that correlation (as a predictive tool).
I'm not a finance expert also, but I could learn over the years the (not quantitative truth) that fundamental analysis at least is more reliable than buy moment or day-trading. Right?
So, my conclusion is in line to what you mentioned: The ranking tool I build (and tried to sell as a predictive tool) also fails in that plan. It's actually just too enought to separete the gems from the rubble to help a little bit the investor who wants to consider fundamental analysis...
I'm not a finance expert also, but I could learn over the years the (not quantitative truth) that fundamental analysis at least is more reliable than buy moment or day-trading. Right?
So, my conclusion is in line to what you mentioned: The ranking tool I build (and tried to sell as a predictive tool) also fails in that plan. It's actually just too enought to separete the gems from the rubble to help a little bit the investor who wants to consider fundamental analysis...