Analysis of Tales to Astonish issues 27 and 35 to 101
Amazingly Secret Approach Using an Incredibly Novel Data Analysis Procedure for Comic Book Investing and Speculation.
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Analysis of Tales to Astonish
issues 27 and 35 to 101
Welcome Twitter Followers
I have posted a schedule of future blogs! Enjoy!
Introduction and Material and
Methods
In order to isolate potential key
issues to focus my investing efforts on, I used a data analysis approach based
on established values from two collecting universes within in the entire run of
the silver age Tales to Astonish (TTA issues 27, 35 to 101), I gathered value
data from a variety of sources representing both serious investors (Insiders
– I) and not serious investors (Outsiders-O).
This data is current as on 3/2015. I
choose to keep my methodology and data gathering proprietary at this time but
am giving my readers a simplified representation of my data that I currently
use for my decisions.
Results - Tales to Astonish (TTA issues 27, 35 to 101)
Table 1. Bias Scores (B SCORE) of All Issues in the Run
Using the data based on that described in the introduction, I
calculated the I/O bias (B Score) between the two groups and adjusted the scores to account for
the extreme issue of TTA 27. Very high insider bias is denoted with dark purple (range 1768 to 25) and high
bias is denoted using light purple (range 10 to 3). Minus numbers reflect a bias by the
unsophisticated outsider group while positive numbers reflect bias by the
sophisticated insider group. I have denoted the issues that have the insider
bias with a dark grey fill-in.
Issue
|
B Score
|
Issue
|
B Score
|
Issue
|
B Score
|
||
#27
|
1763
|
#57
|
3
|
#80
|
-4
|
||
#35
|
231
|
#58
|
-1
|
#81
|
-4
|
||
#36
|
25
|
#59
|
3
|
#82
|
-4
|
||
#37
|
6
|
#60
|
5
|
#83
|
-4
|
||
#38
|
9
|
#61
|
-3
|
#84
|
-4
|
||
#39
|
9
|
#62
|
-2
|
#85
|
-4
|
||
#40
|
9
|
#63
|
-1
|
#86
|
-5
|
||
#41
|
10
|
#64
|
-2
|
#87
|
-4
|
||
#42
|
4
|
#65
|
-4
|
#88
|
-4
|
||
#43
|
-4
|
#66
|
-2
|
#89
|
-4
|
||
#44
|
-3
|
#67
|
-3
|
#90
|
-4
|
||
#45
|
5
|
#68
|
-4
|
#91
|
-5
|
||
#46
|
34
|
#69
|
-2
|
#92
|
-4
|
||
#47
|
3
|
#70
|
-9
|
#93
|
0
|
||
#48
|
2
|
#71
|
-3
|
#94
|
-5
|
||
#49
|
9
|
#72
|
-2
|
#95
|
-5
|
||
#50
|
-3
|
#73
|
-2
|
#96
|
-4
|
||
#51
|
-2
|
#74
|
-4
|
#97
|
-5
|
||
#52
|
1
|
#75
|
-4
|
#98
|
-4
|
||
#53
|
1
|
#76
|
-4
|
#99
|
-4
|
||
#54
|
2
|
#77
|
0
|
#100
|
-4
|
||
#55
|
-1
|
#78
|
-4
|
#101
|
-2
|
||
#56
|
-1
|
#79
|
-4
|
The data
suggests a bias does exist and invites a deeper focus (see Tables 2 and 3). I
think these data show promise in this run and that surprisingly no extremes
exist in issue values biased to outsiders’ opinions. That finding may need
further thought.
I note the few issues that show a slight bias
(#48, 52, 53, and 54) as denoted in yellow.
I would put these on my watch list to expect change. Issue 48 is the last
Ant-Man as the next issue #49 brings Giant-Man and #52 is the first appearance
of the Black Knight.
Table 2. I/O SLN numbers
calculated for issues 27, 35, to 101
In order to
begin this deeper analysis I developed a measure called SLN. The SLN looks at
the slope of the values in both the I/O databases from 9.4 to 6 conditions. Table
2 shows the SLN values between issues 27, 35 to 101.
As I look across the data landscape, I have
to focus on issue 27 and 35, which is the first and second Ant-Man appearance.
Clearly they are the stars of the show in this run. I see that the SLN numbers
are near but the insiders are valuing #27 more that outsiders (430.5 vs. 85.1)
while #35 has 65.7 to 34.1 SLN numbers. Next I focus attention onto the issues
that insiders are valuing higher vs. the outside group: issues 40, 41, 45 to
49, 53 to 56, 63, 66, 69, 77, and 101 (I note that extreme high grades equal or
above 9.4 are always going to be valued greatly by both groups just due to the
rarity). I note issues 36, 37, 43, 44, 50, 51, 61, 62, 70, and 91 are clearly
biased to the Outsiders
Issue
|
I SLN
|
O SLN
|
Issue
|
I SLN
|
O SLN
|
Issue
|
I SLN
|
O SLN
|
||
#27
|
430.5
|
85.1
|
#57
|
2.8
|
2.6
|
#80
|
0.4
|
0.3
|
||
#35
|
65.7
|
34.1
|
#58
|
1.3
|
1.3
|
#81
|
0.4
|
0.3
|
||
#36
|
11.0
|
12.8
|
#59
|
3.3
|
3.0
|
#82
|
0.4
|
0.3
|
||
#37
|
4.5
|
6.0
|
#60
|
3.0
|
2.6
|
#83
|
0.3
|
0.3
|
||
#38
|
5.4
|
5.1
|
#61
|
0.8
|
1.1
|
#84
|
0.3
|
0.3
|
||
#39
|
4.6
|
4.3
|
#62
|
1.2
|
1.7
|
#85
|
0.4
|
0.3
|
||
#40
|
4.9
|
4.3
|
#63
|
1.2
|
0.4
|
#86
|
0.2
|
0.3
|
||
#41
|
4.6
|
3.4
|
#64
|
0.8
|
0.4
|
#87
|
0.3
|
0.3
|
||
#42
|
3.2
|
3.4
|
#65
|
0.5
|
0.4
|
#88
|
0.3
|
0.3
|
||
#43
|
1.7
|
3.4
|
#66
|
0.9
|
0.4
|
#89
|
0.4
|
0.3
|
||
#44
|
7.2
|
12.8
|
#67
|
0.6
|
0.4
|
#90
|
0.6
|
0.8
|
||
#45
|
2.9
|
1.1
|
#68
|
0.5
|
0.4
|
#91
|
0.2
|
0.9
|
||
#46
|
9.1
|
1.0
|
#69
|
0.9
|
0.4
|
#92
|
0.4
|
0.5
|
||
#47
|
2.3
|
1.0
|
#70
|
0.6
|
1.3
|
#93
|
1.8
|
1.8
|
||
#48
|
2.2
|
1.0
|
#71
|
0.5
|
0.3
|
#94
|
0.2
|
0.3
|
||
#49
|
5.2
|
3.4
|
#72
|
0.7
|
0.3
|
#95
|
0.2
|
0.3
|
||
#50
|
1.0
|
1.7
|
#73
|
0.7
|
0.3
|
#96
|
0.2
|
0.3
|
||
#51
|
1.2
|
1.7
|
#74
|
0.3
|
0.3
|
#97
|
0.2
|
0.3
|
||
#52
|
2.0
|
2.1
|
#75
|
0.3
|
0.3
|
#98
|
0.2
|
0.3
|
||
#53
|
1.7
|
0.6
|
#76
|
0.3
|
0.3
|
#99
|
0.3
|
0.3
|
||
#54
|
1.9
|
0.6
|
#77
|
1.2
|
0.3
|
#100
|
0.5
|
0.4
|
||
#55
|
1.2
|
0.6
|
#78
|
0.3
|
0.3
|
#101
|
0.9
|
0.4
|
||
#56
|
1.2
|
0.6
|
#79
|
0.5
|
0.3
|
In conclusion based on
this data, I suggest the green issues are the investment targets to focus on the highest grades
possible while the red issues are targets for less focus. The grey’s are put on my watch list to monitor
for any changes.
Table 3. Adjusted Average Differences of I/O Data at Selected Grades
Given
the I/O differences in the data across grades, I focused on the average of
those differences between the I and O data. I adjusted these averages to
normalize it and allow a sharper clarity in the results. That data is presented
in Table 3. $
represents I bias while x represents O bias.
Issue
|
C9 ADF
|
C8 ADF
|
C6 ADF
|
Issue
|
C9 ADF
|
C8 ADF
|
C6 ADF
|
Issue
|
C9 ADF
|
C8 ADF
|
C6 ADF
|
||
#27
|
$
|
$
|
$
|
#57
|
$
|
x
|
x
|
#80
|
x
|
x
|
$
|
||
#35
|
$
|
x
|
x
|
#58
|
x
|
x
|
x
|
#81
|
x
|
x
|
$
|
||
#36
|
$
|
x
|
x
|
#59
|
$
|
$
|
x
|
#82
|
x
|
x
|
x
|
||
#37
|
$
|
x
|
x
|
#60
|
$
|
x
|
x
|
#83
|
x
|
x
|
x
|
||
#38
|
$
|
x
|
x
|
#61
|
x
|
x
|
x
|
#84
|
x
|
x
|
x
|
||
#39
|
$
|
x
|
x
|
#62
|
x
|
x
|
x
|
#85
|
x
|
x
|
x
|
||
#40
|
$
|
x
|
x
|
#63
|
x
|
$
|
$
|
#86
|
x
|
$
|
x
|
||
#41
|
$
|
x
|
x
|
#64
|
x
|
x
|
x
|
#87
|
x
|
x
|
x
|
||
#42
|
$
|
x
|
x
|
#65
|
x
|
$
|
$
|
#88
|
x
|
x
|
x
|
||
#43
|
$
|
x
|
$
|
#66
|
x
|
$
|
$
|
#89
|
x
|
x
|
x
|
||
#44
|
$
|
$
|
$
|
#67
|
x
|
$
|
$
|
#90
|
x
|
x
|
x
|
||
#45
|
$
|
$
|
$
|
#68
|
x
|
x
|
$
|
#91
|
x
|
x
|
x
|
||
#46
|
$
|
$
|
x
|
#69
|
x
|
x
|
$
|
#92
|
x
|
x
|
x
|
||
#47
|
$
|
$
|
$
|
#70
|
x
|
x
|
$
|
#93
|
x
|
x
|
x
|
||
#48
|
$
|
$
|
$
|
#71
|
x
|
x
|
x
|
#94
|
x
|
x
|
x
|
||
#49
|
$
|
$
|
x
|
#72
|
x
|
x
|
x
|
#95
|
x
|
x
|
x
|
||
#50
|
x
|
x
|
x
|
#73
|
x
|
x
|
x
|
#96
|
x
|
x
|
x
|
||
#51
|
x
|
x
|
x
|
#74
|
x
|
x
|
$
|
#97
|
x
|
x
|
x
|
||
#52
|
x
|
x
|
x
|
#75
|
x
|
x
|
x
|
#98
|
x
|
x
|
x
|
||
#53
|
$
|
$
|
$
|
#76
|
x
|
x
|
x
|
#99
|
x
|
x
|
x
|
||
#54
|
$
|
$
|
x
|
#77
|
x
|
x
|
x
|
#100
|
x
|
$
|
$
|
||
#55
|
x
|
x
|
x
|
#78
|
x
|
x
|
x
|
#101
|
x
|
$
|
$
|
||
#56
|
x
|
x
|
x
|
#79
|
x
|
$
|
x
|
Analysis
of the Table 3 data revealed that I/O data in Table 1 and 2 might not reflect
the whole truth. It can be seen that 6 issues are highly favored (Dark Purple) across the three grade levels by the I crowd (27, 44, 45,
47, 48, and 53). In contrast, 8 issues show only the I/O bias by the insider investors
in the Grade of 9.4 (35 to 43, 46, 49, 54, 57, 59 and 60) (Light Purple). In those
issues the unsophisticated outsiders favor the other grades of 8 and 6. The yellow denoted ones
are on the watch list as some evidence is there for focus. Finally the
outsiders bias all the other issues in the run over the insiders’ opinions and
buying habits.
Based on this data, I would conclude one might focus on the 4 dark
purple denoted issues in the lesser cheaper grades while the lighter purple
issues would those you should focus on only in highest grades or not at all.
Other issues are not recommended for a focus effort at this time. Note this
table may be of greater usage and certainly suggests a different approach as did
the data in Table 2.
Legend for Focusing on
Table 3’s Data
$ $ $ ----- I-bias is strong across the grades ---- High Focus
$ $ x ----- I-bias is stronger in the higher grades ---- Mid Focus
$ x $ ----- I-bias is
only in the high grade 9.4 ---- Mid Focus
$ x x ----- I-bias is only in the high grade 9.4 ---- Mid Focus
x $ $ ----- Some I-bias
but not in the high grade ---- Mid Focus
x x $ ----- Some I-bias
but not in the high grade ---- Light/Low Focus
x $ x ----- Some I-bias
but not in the high grade ---- Light/Low Focus
x x x ----- O-bias across all grades ----
No Focus
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