value investing
QARP returned 4.02% annually on Hong Kong stocks, beating the Hang Seng's 1.31% by +2.71% per year. The absolute returns are modest, but the quality screen adds real alpha over the local market.
value investing
We built a systematic quality-value screen using seven quantitative criteria and backtested it across all US exchanges from 2000 to 2025. QARP returned 10.42% annually vs 7.77% for the S&P 500.
value investing
We ran one quality-value screen across 12 exchanges and compared each to its local benchmark. Germany had the highest alpha (+3.69% vs DAX), the UK came second (+3.06% vs FTSE). India trailed the Sensex.
value investing
Shanghai QARP returned 6.09% annually, beating the SSE Composite by +2.38%. Shenzhen returned ~4.86% but lacks a local benchmark comparison. Volatile, streaky, and structurally different from Western markets.