Though the total number of stocks which have seen a consistent improvement in their overall score have come down. As compared to a basket of around 15 to 18 stocks, overall numbers of stocks have come down to 10. It is an indication of volatile markets of the last four weeks showing its impact on the result of quantitative investing models. In one case, while the score has improved, overall recommendation remains as a “sell”. The stocks from sectors like new age platform companies, capital goods, have come to the list. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
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