quality investing - Trading Studio (Page 7)

Growth of TWD 10,000 in the Low Debt Quality strategy on Taiwan stocks vs TAIEX from 2000 to 2025. Taiwan portfolio grew to TWD 22,561, TAIEX grew to TWD 27,209.

quality investing

Low Debt Quality on Taiwan Stocks (TAI + TWO): Superior Risk-Adjusted Returns vs TAIEX

D/E < 0.5 + Piotroski F-Score >= 7 on TAI and TWO-listed stocks, backtested 2000-2025. 3.31% CAGR vs 4.09% TAIEX, trailing by 0.78% annually. Max drawdown -25.57% vs -41.11%, down capture 61.45%. Better Sharpe ratio (0.168 vs 0.127) through superior downside protection.

Growth of THB 10,000 in the Low Debt Quality strategy on Thailand SET stocks vs SET Index from 2000 to 2025. Thailand portfolio grew to THB 25,726, SET Index grew to THB 34,946.

quality investing

Low Debt Quality on Thailand Stocks (SET): Defensive Tilt vs SET Index

D/E < 0.5 + Piotroski F-Score >= 7 on SET-listed stocks, backtested 2000-2025. 3.85% CAGR vs 5.13% SET Index, trailing by 1.28% annually. Down capture of 67.48%, max drawdown -32.25% vs -35.59%. Defensive characteristics with reasonable upside participation.

Growth of ₹10,000 invested in the Low Debt Quality strategy on NSE stocks vs Sensex from 2000 to 2025. Portfolio grew to ₹245,258, Sensex grew to ₹172,157.

value investing

Low Debt Quality on Indian Stocks (NSE): 13.65% CAGR vs Sensex Over 25 Years

D/E < 0.5 + Piotroski F-Score >= 7 on NSE, backtested 2000-2025. 13.65% CAGR vs Sensex 12.06%, +1.60% annual excess. Max drawdown -16.45% vs Sensex -32.20%. India delivers sustained alpha with half the drawdown.

Cumulative growth of Low Debt Quality Switzerland portfolio vs SPY, 2000–2025

quality investing

Low Debt Quality Stocks: Switzerland (SIX), 25-Year Backtest

D/E < 0.5 + Piotroski F-Score >= 7 on the SIX Swiss Exchange produced the highest Sharpe ratio of any market tested (0.438), 8.08% CAGR vs 1.74% for SMI (+6.34% excess), 40.72% down capture, and just one cash period across 25 years.

Growth of HKD 10,000 in the Low Debt Quality strategy on HKSE vs Hang Seng from 2000 to 2025. HK portfolio grew to HKD 24,485, Hang Seng grew to HKD 15,022.

quality investing

Low Debt Quality on Hong Kong Stocks (HKSE): 25 Years of Outperformance vs Hang Seng

D/E < 0.5 + Piotroski F-Score >= 7 on HKSE-listed stocks, backtested 2000-2025. 3.65% CAGR vs 1.64% Hang Seng. The strategy beat the local benchmark by 2.01% annually, with max drawdown of -34.07% vs -40.45%. Down capture of 91.36% through Hong Kong's volatile 25-year period.

Cumulative growth of Low Debt Quality Sweden portfolio vs SPY, 2000–2025

quality investing

Low Debt Quality Stocks: Sweden (STO), 25-Year Backtest

D/E < 0.5 + Piotroski F-Score >= 7 on the Stockholm exchange returned 9.39% CAGR vs 2.55% for OMX Stockholm 30 (+6.84% excess, the highest in the study), with 35.62% down capture and 7 protective cash periods. A thin but effective universe of 20 stocks.

Growth of $10,000 invested in QARP US vs S&P 500 from 2000 to 2025. QARP grew to $125K, S&P 500 to $67K.

value investing

Quality at Reasonable Price: A Seven-Factor Screen Tested on 25 Years of US Stock Data

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.