Misleading "Value" rating on failing companies and value traps
I appreciate the ratings you display for Value, Momentum, Price Revisions and so for, but your ratings embody a systematic error regarding Value. Specifically, failing companies and value traps often show an A or A+ for Value. In some extreme cases all the other ratings are F or D, and still Value appears as A or A+. I understand the method by which this occurs so I am writing to suggest that you revise the method to prevent this. Instead of an A or A+ you might show a rating that shows it can not be determined or is too risky or too stressed to value, perhaps a question mark. A simple rule might be that if all the other ratings are F or D, Value can not be rated. After all, with your ratings you are trying to represent the future, and future Value can not be represented.