Hi Tom, the fair value has no timeframe associated with it, it's just the estimated fair value based on existing fundamental information. In addition to VSS, Mark has the fundamental analyzer in AI (I generally use Codypup's screening method with the AI Funadamental analyzer), and Mark has a program called The Pragmatic Investor, which he's currently updating. There is no simple way, that I'm aware of, to back test any of the methods; but, they do provide an interesting ranking of the stocks, based upon fundamentals.
Just to complicate matters, below is a technical analysis ranking of the Pic List and the Top 100.
Don ======================================================