quality investing - Trading Studio (Page 7)

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 8.80% CAGR vs 2.55% for OMX Stockholm 30 (+6.25% excess), with 36.25% down capture and 7 protective cash periods. A thin but effective universe of 22 stocks.

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 (0.432), 8.09% CAGR vs 1.74% for SMI (+6.35% excess), 24.31% down capture, and zero cash periods across 25 years.

Growth of $10,000 in the Low Debt Quality strategy on Taiwan stocks vs S&P 500 from 2000 to 2025. Taiwan portfolio grew to ~$22,447 (TWD terms), S&P 500 grew to $65,869.

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. 3.18% CAGR vs 4.09% TAIEX, trailing by 0.91% annually. Max drawdown -25.61% vs -41.11%, down capture 63.64%. Better Sharpe ratio (0.156 vs 0.127) through superior downside protection.

Growth of $10,000 in the Low Debt Quality strategy on Thailand SET stocks vs S&P 500 from 2000 to 2025. Thailand portfolio grew to ~$22,534 (THB terms), S&P 500 grew to $65,869.

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. 3.76% CAGR vs 5.13% SET Index, trailing by 1.37% annually. Down capture of 66.82%, max drawdown -35.33% vs -35.59%. Defensive characteristics with reasonable upside participation.

Growth of $10,000 invested in Low Debt Quality strategy on LSE vs FTSE 100 from 2000 to 2025

quality investing

Low Debt Quality on UK Stocks (LSE): 6.19% CAGR, +4.96% vs FTSE 100 Over 25 Years

D/E < 0.5 and Piotroski F-Score >= 7 on LSE stocks across 25 years. 6.19% CAGR vs 1.23% FTSE 100. +4.96% excess with 73.97% down capture. 2016 Brexit rally was the standout. 0 cash periods, 61 avg 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.