The Bellwether (March 2012)

Page 14

ECONOMICS

Bellwether Cincinnati Metro Index Xavier Bellwether Cincinnati Metro Index is an index comprised of publicly traded companies headquartered in Cincinnati as of. January 3, 2011 = 1000. Since January 3rd, the Bellwether index gained 3.7% to end at 1037. Zoo Entertainment was delisted by NASDAQ in early December for failure to maintain a minimum of $2.5 million in shareholder’s equity, The company rebounded back 37%. The company experienced problems transitioning to an all-digital business model. Chemed Corporation posted a 15% YTD gain amidst concerns of pending litigation against a Texas subsidiary. P&G decreased 5.1%. The company recently announced intentions to lay off approximately 1,600 employees globally, primarily in marketing. This comes as P&G continues transition from traditional advertising into the digital arena. P&G CFO John Moeller indicated reduced EPS expectations reflect unfavorable currency trends and cost inflation.

Bank of Kentucky, First Financial Bancorp and Fifth Third Bancorp post gains of 19.9%, 7.7% and 4% respectively after posting strong Q4 earnings. Bank of Kentucky Q4 profits increased 37%.

Company American Financial Group Inc/OH

Last Price $37.90

AK Steel Holding Corp Ashland Inc Air Transport Services Group Inc General Cable Corp Bank of Kentucky Financial Corp Cincinnati Bell Inc Ceco Environmental Corp Chemed Corp Cheviot Financial Corp

$9.57 $64.13 $6.34 $32.62 $24.15 $3.53 $6.35 $57.28 $8.15

996,879,822 5,045,238,281 408,761,200 1,675,246,094 178,614,868 724,411,621 91,888,290 1,158,892,456 62,674,393

$17.88 $69.46 $8.65 $49.32 $26.00 $3.72 $8.05 $72.25 $11.09

9.4% 12.7% 35.2% 28.3% 19.9% 22.1% 14.4% 13.8% -5.0%

Cincinnati Financial Corp Cintas Corp Convergys Corp First Financial Bancorp Fifth Third Bancorp Frisch's Restaurants Inc

$33.21 $37.82 $13.39 $17.89 $13.14 $21.01

5,356,700,684 4,842,924,805 1,610,152,832 1,044,110,474 12,168,668,945 105,645,355

$34.33 $38.22 $15.00 $18.25 $15.75 $24.39

8.5% 7.2% 4.9% 7.7% 4.0% 10.3%

HealthWarehouse.com Inc Hillenbrand Inc Hill-Rom Holdings Inc Kroger Co/The Multi-Color Corp LCA-Vision Inc LCNB Corp LSI Industries Inc Macy's Inc NB&T Financial Group Inc Omnicare Inc

$6.05 $23.90 $33.91 $23.83 $22.88 $5.11 $12.70 $7.23 $33.99 $20.90 $33.11

$6.90 $24.20 $48.80 $25.85 $28.00 $7.79 $14.22 $8.91 $35.92 $24.00 $35.87

4.2% 5.1% 1.0% -1.0% -12.7% 81.4% -1.9% 18.8% 9.5% 4.6% -5.1%

Procter & Gamble Co/The

$63.21

$67.72

-5.1%

EW Scripps Co Streamline Health Solutions Inc

$8.75 $1.65

61,103,153 1,465,639,038 2,106,663,574 13,777,214,844 362,164,154 99,148,514 85,064,369 171,366,501 14,790,371,094 70,484,756 3,737,817,383 174,408,562,50 0 503,817,139 17,297,773

$10.20 $2.19

9.7% 0.1%

United Community Bancorp

$5.91

44,767,796

$8.13

3.3%

Meridian Bioscience Inc

$17.75

740,624,451

$27.37

-4.7%

$0.60

34,757,481

$1.75

-24.8%

$0.67

8,024,438

$5.52

37.0%

Valley Forge Composite Technologies Inc Zoo Entertainment Inc

LCA-Vision Inc. shares increased 81.4% in January after announced 30% increase in Q4 earnings. Lawrenceburg KY company General Cable posted gains after disappointing Q2 and Q3 earnings.

The Xavier Bellwether

Market Cap 52 Week High % Change YTD 3,697,366,455 $38.00 1.5%

Raw BETA

1.041

ALPHA(Intercept)

-0.011

R^2(Correlation^2)

0.915

R(Correlation)

0.957

Std Dev of Error

0.448

Std Error of ALPHA

0.027

Std Error of BETA

0.019

t-Test

53.994

Significance

0

Last T-Value

-0.049

Last P-Value

0.481

Number of Points

273

14


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