No. of Recommendations: 9
Comparison between similar screens.
Two similar screens, using the Nasdaq 100.
First is ranking by "price/(52wkHIGH + 52wkLOW)", top 10 HTD 15
Second is "52 week relative strength", top 10 HTD 12
Recast monthly, equal balance of only the new picks.
The latest picks at end of November, 7 of the 10 stocks were in both screens. Probably not a huge surprise, but much more of an overlap than I expected.
The backtests show the first has about 21.7% CAGR and the second about 20.0%.
The first has a bit lower GSD, and a bit higher turnover.
The relative performance is the same with starting dates of 1990, 2002, 2015 with end date of 10/10/2025.
Using the S&P 500 the relative performances are the same, just with lower CAGR.
