The FTV framework
A home-grown scale for measuring fundamentals, technicals and valuations is helpful in analysing markets like India.
In a prior organisation where I had the privilege to work and focus on market strategy, they very effectively used a framework called FTV to determine the relative and absolute attractiveness of markets. It was just a more systematic way to approach markets and determine your investment stance. FTV stood for fundamentals, technicals and valuation, with points being given for each factor from -2 to 2 and the sum total indicating how attractive or unattractive a market was. The most attractive market would have ratings of maximum 6 and the most unattractive market -6, though normally ratings would tend to range between 3 and -3.
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