FWIW VALUENGINE RECOMMENDATION
ValuEngine has issued a BUY recommendation for JAGUAR MINING on May.
01, 2012. Based on the information we have gathered and our resulting
research, we feel that JAGUAR MINING has the probability to OUTPERFORM
average market performance for the next year. The company exhibits
ATTRACTIVE market valuation, expected EPS growth and market/book ratio.
RECOMMENDATION OVERVIEW
ValuEngine's stock recommendations are based on the proprietary ValuEngine
one-year forecast return (1YFR) model output for each individual equity. A
stock is rated Strong Buy, Buy, Hold, Sell, Strong Sell based on the Forecast
One Year Return. The breakdown for each rating is as follows:
• Strong Buy: More than +12% 1YFR
• Buy: Between +5% and +12% 1YFR
• Hold: Between -5% and +5% 1YFR
• Sell: Between -12% and -5% 1YFR
• Strong Sell: Less than -12% 1YFR
ValuEngine's Strong Buy-rated stocks have an averaged annual return of 19%
since 2001. For more details on the ValuEngine One Year Forecast Target
price and its components, please go HERE.
FAIR MARKET VALUATION PRICE
Based on available data as of May. 01, 2012, we believe that JAG should be
trading at $7.78. This makes JAG 65.15% undervalued. Fair Value indicates
what we believe the stock should be trading at today if the stock market were
perfectly efficient and everything traded at its true worth. For JAG, we base this
on actual earnings per share (EPS) for the previous four quarters of
.19,
forecasted EPS for the next four quarters of
.60, and correlations to the 30-
year Treasury bond yield of 3.11%. There are an additional 10 firm specific and
interest rate related parameters, each playing a role in the valuation analysis.
For more details on ValuEngine's Fair Value Model, please go HERE.
FORECASTED TARGET PRICES
The predictive variables used in Valuengine's forecast target price models
include both proprietary and well-established forecasting variables derived from
credible financial research studies and publications. Our forecasting models
capture, among other things, several important tendencies that stock prices
consistently exhibit: Short-term price reversals, Intermediate-term momentum
continuation, and Long-term price reversals. We use a distinct forecasting
model for each time horizon and for every industry. We then apply the most
advanced statistical/econometric techniques to ensure that our stock return
forecasts are as reliable as possible. For more details on ValuEngine's
Forecast Model, please click HER