What are we looking for?
Top-rated Canadian equities using Trading Central’s Quantamental factor investing methodology.
With the S&P/TSX Composite Index trading within 2.5 per cent of its 52-week high set on April 9, our research team delved into Canadian equities using a Quantitative perspective, which combines quantitative and fundamental analysis. Quantamental investing seeks to identify investment opportunities with a deeper understanding of market dynamics and a focus on generating alpha, or excess returns, for investors.
The screen
We initiated our search by implementing a minimum market capitalization threshold of $1-billion, prioritizing larger companies with more stable revenue streams while avoiding smaller, potentially riskier investments.
Next, we narrowed our search to stocks currently trading within 10 per cent of their 52-week highs, emphasizing strong price momentum and potentially bullish market sentiment. This focus…
