Morningstar Magazine - December 2017/January 2018 - 75

Monthly Price/Fair Value by Region 10/31/2017
U.S.

Greater Europe

P/FV

Greater Asia

+25.0%
8.0
7.8
6.7

0.0
A percentage of 0.0 connotes fairly valued

-25.0

U.S. 10/31/2017

2014

Date

52-Week High

8.1

03/03/2017

52-Week Low

-2.7

All-Time High*
All-Time Low*

Date

52-Week High

8.4

05/05/2017

11/04/2016

52-Week Low

-5.3

16.6

01/16/2004

All-Time High*

-36.3

11/21/2008

All-Time Low*

52-Week High

8.9

10/20/2017

11/04/2016

52-Week Low

-1.6

11/04/2016

33.2

07/01/2005

All-Time High*

81.9

05/05/2006

-35.1

10/10/2008

All-Time Low*

-40.2

10/24/2008

*All-time highs and lows since June 2002 to present.

8.3

2.3

4.5

10.0

5.5

0.9

7.4

11.7

Averages

Value

Blend

Growth

17.1

7.4

6.8

9.3

13.7

10.1

3.9

7.6

8.0

6.5

1.1

6.1

15.9

Averages

Value

Blend

Growth

Moat Valuation

Large

16.6

5.4

1.5

12.8

14.9

9.3

Mid

6.1

-0.5

6.9

4.6

6.2

5.9

Small

2.6

Large

6.6

Mid

10.8

Style Valuation

Small

8.1

2.7

2.6

2.5

2.6

2.7

10.2

12.1

Averages

Value

Blend

Growth

Moat Valuation

Uncertainty Rating

Wide

Date

Style Valuation

0.3

Narrow

P/FV (%)

*All-time highs and lows since June 2002 to present.

Style Valuation

2017

Greater Asia 10/31/2017

P/FV (%)

*All-time highs and lows since June 2002 to present.

None

2016

Greater Europe 10/31/2017
P/FV (%)

Economic Moat

2015

Moat Valuation

Uncertainty Rating

Low Medium

High Very High

7.5

7.2

11.6

-4.0

10.5

4.1

6.4

5.0

9.1

2.4

Economic Moat

Large

2013

Mid

2012

Small

2011

Low Medium

Uncertainty Rating
High Very High

Economic Moat

Low Medium

High Very High

None

1.7

5.3

6.6

9.7

None

8.8

4.0

9.1

12.1

-14.5

Narrow

7.2

7.7

8.6

8.4

Narrow

3.7

7.4

4.9

17.0

-37.6

Wide

12.6

9.9

8.9

-

Wide

3.5

6.4

24.3

-

global.morningstar.com/Morningstarmagazine

75


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Table of Contents for the Digital Edition of Morningstar Magazine - December 2017/January 2018

Contents
Morningstar Magazine - December 2017/January 2018 - Cover1
Morningstar Magazine - December 2017/January 2018 - Cover2
Morningstar Magazine - December 2017/January 2018 - 1
Morningstar Magazine - December 2017/January 2018 - 2
Morningstar Magazine - December 2017/January 2018 - Contents
Morningstar Magazine - December 2017/January 2018 - 4
Morningstar Magazine - December 2017/January 2018 - 5
Morningstar Magazine - December 2017/January 2018 - 6
Morningstar Magazine - December 2017/January 2018 - 7
Morningstar Magazine - December 2017/January 2018 - 8
Morningstar Magazine - December 2017/January 2018 - 9
Morningstar Magazine - December 2017/January 2018 - 10
Morningstar Magazine - December 2017/January 2018 - 11
Morningstar Magazine - December 2017/January 2018 - 12
Morningstar Magazine - December 2017/January 2018 - 13
Morningstar Magazine - December 2017/January 2018 - 14
Morningstar Magazine - December 2017/January 2018 - 15
Morningstar Magazine - December 2017/January 2018 - 16
Morningstar Magazine - December 2017/January 2018 - 17
Morningstar Magazine - December 2017/January 2018 - 18
Morningstar Magazine - December 2017/January 2018 - 19
Morningstar Magazine - December 2017/January 2018 - 20
Morningstar Magazine - December 2017/January 2018 - 21
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Morningstar Magazine - December 2017/January 2018 - Cover3
Morningstar Magazine - December 2017/January 2018 - Cover4
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