value investing
QARP on German Stocks: 8.75% CAGR, +3.7% Alpha vs the DAX
QARP on XETRA: 8.75% CAGR over 25 years, +3.69% annual alpha vs the DAX, -32.7% max drawdown vs DAX's -55.4%. German industrials are a natural fit for quality-value screening.
Swas
Building CetaResearch. Data analysis for policy, research, and startups.
value investing
Low P/E Screen Across 12 Global Exchanges: Where Value Investing Works Best
Same low P/E screen, 12 exchanges. BSE 16.9% CAGR. LSE 13.6%. HKSE 14.4%. US 13.9%. UK went from zero data to +12.2% vs FTSE 100. Local benchmarks change the story.
value investing
QARP on Chinese Stocks: Quality Screening in the World's Second-Largest Market
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.
value investing
One Stock Screen, 12 Exchanges: Where QARP Adds Alpha vs Local Benchmarks
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
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.
value investing
QARP on Hong Kong Stocks: +2.7% Alpha in a Tough Market
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.