This piece is the web adaptation of our weekly FREE Best Ideas Newsletter dispatched on 29.08.2023. Register here to receive it in your email every Tuesday.

The Momentum and Price to Book investment strategy outperformed the market by over 1100% in our 12-year retrospective in Europe from June 1999 to June 2011.

We believed it was time for an update.

Here’s How the Original 2012 Backtest Fared

To refresh your memory, here are the findings of the back test from June 1999 to June 2011:

Source: What Works on European Markets

Update on Momentum + Price to Book Investment Strategy

We updated the back test using the Quant Investing stock screen back test function. It has data only dating back to December 2015. Therefore, there exists a 4.5-year interval between the two back tests.

We were of the opinion that examining its performance over the seven years from 2016 to 2022 would still offer a solid impression of its efficacy.

Click here to view all the results…

Insights from the Quant Value Newsletter Update

The portfolio coped admirably with last week’s volatility, with companies in Asia more than compensating for the subpar performance in Europe.

In the US, Celestica Inc. continued its impressive surge, now amassing over 100% increase since May!

The overall performance still appears sturdy:

• North America +15%
• Europe +6%
• Asia +23%
• Crash portfolio (2022) +30%

If these concepts pique your interest, you can delve deeper here: Your Treasure Map ???? to Europe, Asia, and North America's Hidden Gems ????!

Update on the Shareholder Yield Letter

Since May, when we initiated, the 16 ideas have collectively disbursed an average dividend of 0.6%, and we currently retain an average return of 1.5% following the market's pullback last week.

If these are the kinds of companies you seek to invest in, more details can be found here: ???? Unveil the Power of Shareholder Yield! Enroll now and reshape your portfolio with the finest large cap strategy ever

Yours truly, your guide in discovering the optimal strategy analyst

PS To uncover exceptional companies precisely aligning with your investment strategy currently, click here.

PPS It's so easy to lose track; why not subscribe now before you get diverted?

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