Portfolio Back-testing Performance & Results: Q3 2017
Q3 2017 Complete Back-testing of All Companies. Executive Summary for public release.
Our inaugural results are in. Enjoy!
- 23% average performance of leadership tiers. (Tiers 1-4)
- In contrast with 9% for Tier 6 (laggards)
- 40% of companies covered (100 of 253). 100 companies scored were placed into Leadership or On-Par Tiers (1-4)
- On par with DJIA (21%) and slightly better than S&P 500 (16.75%) same period benchmarks
- Consumer, Financials, Industrial Machines, and Oil & Gas show signs of solid correlation between IoE Score, Momentum and Shareholder returns
- Q4 2018 Backtest analysis will include Forward-Backtesting of Q3 and subsequent periods. This will allow us to track companies & tiers across time periods and uncover performance signals.
Note to Members: Contact Serge@PiercingView.com directly to schedule your detailed review of findings. Enjoy!
Take care and talk soon