Created a screen according to MorningStar Key Stat and Zack rank tested on 1-yr rebalancing on different start dates. Result between 30%-50% annually.
Can someone validate my finding?
Thank you
Created a screen according to MorningStar Key Stat and Zack rank tested on 1-yr rebalancing on different start dates. Result between 30%-50% annually.
Can someone validate my finding?
Thank you
I ran the screen using 52 week holding and the CAGR for the 3-year period from Jul 2012 through Jun 2015 ranged from 26.2% to about 47% with an overall average of 34%. So yes, your backtest results are similar to mine.
Regards,
paul