Should You Use Z Scores For Investment Trusts?
Whether an investment trust is trading at a discount or premium, and what sort of level it is, is one of the key metrics you’ll see mentioned when a fund is covered in the financial press. While it’s important, it’s usually a secondary investment consideration in my view, and you do need something to put it in historical context. Z scores are designed to provide this, so are they worth using as part of your research?