sector rotation
India's stock market rewards sector mean reversion handsomely. Over 26 years, buying the two most out-of-favor sectors on BSE and NSE each quarter produced 16.42% annually in INR, turning $10,000 into $520,500. That's +8.40% per year above SPY. The catch: you'
sector rotation
Hong Kong's sector mean reversion result is a mixed picture. Over 26 years, the strategy returned 6.51% annualized in HKD, trailing the S&P 500's 8.02% by 1.51% per year. But the year-by-year story is anything but flat. 2009 delivered +105.53%
sector rotation
We tested sector mean reversion on XETRA large caps from 2000 to 2025. The strategy ran cleanly: 101 of 104 quarters invested, an average of 79 stocks per period, and the signal firing almost every quarter without interruption. The result was 4.82% annualized in EUR against the S&
sector rotation
We tested sector mean reversion on TSX large caps from 2000 to 2025: at the start of each quarter, find the two worst-performing sectors by 12-month return and buy every qualifying stock in them. Quarterly rebalance, equal weight, 104 periods. The result was 8.41% annualized in CAD vs 8.