Angie · Market mood
How far prices sit from what the financials support.
Angie leaves sentiment out of its values on purpose; the price already carries it. So the market's mood is measured here as the gap between prices and fundamentals, recorded every night.
Median value to price, all
1.01x
Median value to price, S&P 500
0.92x
Price needs vs delivered growth
-0.6%
VIX
20.0
Median value to price over time
Above 1.0x (the dashed line), prices sit below what the financials support; below it, above them. Hover for any night. 74 nights recorded so far.
By sector, 2026-10-19
| Sector | Names | Value/price | Under | Over | Needs vs delivered |
|---|---|---|---|---|---|
| Basic Materials | 160 | 0.56x | 24% | 71% | 18.0% |
| Communication Services | 119 | 1.47x | 65% | 29% | -10.2% |
| Consumer Cyclical | 355 | 1.15x | 53% | 36% | -5.4% |
| Consumer Defensive | 134 | 1.51x | 71% | 22% | -11.9% |
| Energy | 168 | 0.74x | 26% | 65% | 7.8% |
| Financial Services | 490 | 1.03x | 40% | 28% | -7.7% |
| Healthcare | 288 | 0.99x | 46% | 46% | -7.6% |
| Industrials | 419 | 0.91x | 40% | 50% | 4.9% |
| Real Estate | 122 | 1.10x | 48% | 34% | -0.6% |
| Technology | 425 | 0.89x | 42% | 50% | 2.7% |
| Utilities | 64 | 1.01x | 25% | 44% | 2.5% |
When Angie makes a call
A run is the nights a company held one verdict. Runs that ended because Angie's method changed are counted apart and left out of the medians. Price moves count from the first night of the run.
| Verdict | Runs | Still running | Median days to change | Ended at fair | Price, 30 days | Price, 90 days |
|---|---|---|---|---|---|---|
| Fair | 2010 | 420 | 3 | n/a | -0.9% n=947 | -2.8% n=283 |
| Overvalued | 2938 | 1519 | 6 | 500 of 718 | -0.6% n=1992 | -4.8% n=642 |
| Undervalued | 2653 | 1652 | 4 | 432 of 731 | -0.3% n=1246 | -2.6% n=431 |
Did the growth pay off?
Scoring starts as companies file their next quarter. Each night records the growth a price needs. When the next statement lands, the growth the company actually filed is set against it. 2333 so far.
Company life cycles
Of 2034 companies whose record starts with negative free cash flow, 1106 reached positive, a median of 2 years in. Companies still burning cash hold a median 1.3 years of it.4693 companies. Listed companies only: those that failed and delisted are missing, so the success rate reads high.
Biggest sector moves and what came next
Change in value to price over five nights to 2026-10-19, and the events in the ten days after.
| Sector | Move | Earnings | 8-K filings | Fed decision |
|---|---|---|---|---|
| Energy | +12.8% | 6 | 0 | Yes |
| Communication Services | +12.5% | 7 | 0 | Yes |
| Consumer Defensive | +9.7% | 4 | 0 | Yes |
| Technology | +8.6% | 24 | 0 | Yes |
| Healthcare | +6.4% | 12 | 0 | Yes |
| Financial Services | +5.8% | 21 | 0 | Yes |
Undervalued, fair and overvalued are a model's output, not a fact. The number comes from published filings run through assumptions you can change yourself, and a different set of assumptions gives a different answer. Not investment advice. Valuations from Angie's nightly run; VIX and Treasury yields from FRED.
