Yes you certainly have to be smart to make money using historical data.
Most people are not as smart as Joel Greenblatt so they general get caught in the value trap and losing lots of money by concerntrating on historical data.
2013, page-44
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Last
$13.82 |
Change
-0.060(0.43%) |
Mkt cap ! $870.2M | |||
| Open | High | Low | Value | Volume |
| $13.83 | $13.89 | $13.63 | $1.605M | 116.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 276 | $13.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.84 | 645 | 2 |
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| JIN (ASX) Chart |