dividend investing
We applied the rising dividend yield screen to 25 years of TSX data. 8.48% CAGR, +4.53% annual alpha vs TSX Composite, zero cash periods, and lower volatility than the US version. Canada''s resource and financial sectors are natural dividend growers.
dividend investing
Rising dividend yield on LSE: 6.56% CAGR, +5.34% annual alpha vs FTSE 100. The strategy works as a UK stock selector. Sharpe of 0.139 and -40.80% max drawdown are the honest costs.
dividend investing
Rising dividend yield on NSE returned 13.44% annually from 2000 to 2025 with a -11.71% max drawdown, +1.38% excess vs Sensex. The best risk-adjusted returns of any market we tested. Returns in INR.
dividend investing
We ran the same rising dividend yield screen on 15 global exchanges from 2000 to 2025. India produced 13.44% CAGR with the lowest drawdown. Five exchanges beat SPY. The signal works where dividend growth is a deliberate management decision.
dividend investing
Rising dividend yield on XETRA returned 8.94% annually from 2000 to 2025 with zero cash periods, +3.90% annual alpha vs the DAX. Germany's industrial economy consistently produced dividend growers across all 25 years.
dividend investing
Japan produced the highest Sharpe (0.43) and Sortino (1.168) of any market we tested the rising yield strategy on. 8.94% CAGR, +5.63% annual alpha vs Nikkei 225, a 72% win rate, with explosive individual years and early cash periods.
dividend investing
We screened for stocks with 3 consecutive years of rising dividend yield driven by dividend growth, then backtested on all US exchanges from 2000 to 2025. 9.54% CAGR, +1.69% alpha, zero cash periods.
analyst ratings
We measured 9,116 analyst upgrades on LSE-listed UK stocks from 2012 to 2025. Upgrades produce sustained drift through three months: +0.48% at one month and +1.09% vs FTSE 100 at three months. Clustered upgrades reach +1.74% at T+63. UK downgrades recover rather than persist, opposite to the US...
analyst ratings
We ran an event study on 66,741 analyst upgrades on US stocks from 2012 to 2025. The upgrade move happens on announcement day. You can't capture it. By the next close, average upgrades produce -0.18% at one month. Clustered upgrades (2+ firms in 30 days) still drift +0.27% at T+21. Single...
analyst ratings
We measured 12,835 analyst upgrades on XETRA-listed German stocks from 2012 to 2025. Unlike the US where drift disappears by next-day entry, German upgrades keep running, reaching +0.78% vs DAX at one month and +1.63% at three months. Clustered upgrades reach +2.17% at T+63. Downgrades fully...
analyst ratings
We measured 136,479 analyst rating revision events across US, Germany, UK, Switzerland, and Canada from 2012 to 2025 using next-day-close entry. The US is the only market where upgrades underperform after the announcement day (-0.18% at T+21). Germany, UK, and Switzerland show sustained drift....
Revenue Growth
Companies that beat quarterly revenue estimates outperform by 1.9% annually. We tested this on 25 years of US stocks: 9.94% CAGR vs 8.02% for SPY. Quarterly rebalancing is non-negotiable.