Key Insights
Three-section weekly brief from the latest LLM run. Each card cites specific numbers from the universe scoring data; the pipeline regenerates this after every grade snapshot.
The market is in a DIVERGENT regime, characterized by a short-term improvement in average quant scores (+0.30) alongside a significant deterioration in overall equity quality, with A+B grades falling by -20.8pp over five snapshots.
The percentage of A+B graded names has significantly deteriorated by -20.8pp over the last 5 snapshots, falling from 50.6% to 29.8%. The latest period shows no improvement, with A+B remaining at 29.8%.
The universe-wide average Quant Score 3M has improved to +1.27, exceeding the 12M average of +0.97, indicating a short-term positive momentum inflection of +0.30.
Five sectors are accelerating in quant momentum, with Real Estate showing the strongest improvement of +6.37 (Q3M=+8.40 vs Q12M=+2.03). Conversely, five sectors are decelerating, with Energy and Materials showing significant declines of -6.45 and -6.38 respectively.
| Symbol | Sector | Grade | Return | Weight | Impact▼ |
|---|---|---|---|---|---|
| NVDA | Information Technology | B | +24.6% | 4.70% | +1.15% |
| MU | Information Technology | A | +106.8% | 0.97% | +1.03% |
| GOOGL | Communication Services | B | +21.0% | 3.78% | +0.79% |
| AMD | Information Technology | A | +97.8% | 0.78% | +0.76% |
| GOOG | Communication Services | B | +20.3% | 3.75% | +0.76% |
| INTC | Information Technology | B | +113.6% | 0.59% | +0.67% |
| TSM | Information Technology | B | +27.9% | 1.99% | +0.56% |
| AAPL | Information Technology | B | +14.0% | 3.83% | +0.54% |
| KXIAY | Information Technology | B | +154.8% | 0.32% | +0.50% |
| AVGO | Information Technology | B | +21.8% | 1.59% | +0.35% |
| AMZN | Consumer Discretionary | B | +14.7% | 2.30% | +0.34% |
| MSFT | Information Technology | D | +11.7% | 2.75% | +0.32% |
| TSLA | Consumer Discretionary | D | +20.4% | 1.50% | +0.31% |
| LLY | Health Care | A | +30.9% | 0.99% | +0.31% |
| AMAT | Information Technology | B | +66.3% | 0.46% | +0.30% |
- CANADA134
- BRITAIN66
- JAPAN64
- CHINA62
- ISRAEL35
The Real Estate sector exhibits the strongest momentum acceleration, with its Q3M score at +8.40, a significant +6.37 improvement over its Q12M score of +2.03. CBL is a key long book name with a Q3M of +24.8.
Information Technology shows strong sector acceleration with Q3M at +2.39, an improvement of +1.77 over Q12M of +0.62. However, long book names SNDK (Q3M=+18.4), WDC (Q3M=+12.6), and AXTI (Q3M=+1.9) are decelerating in their 3-month quant scores.
Energy and Materials sectors are experiencing significant momentum deceleration, with Q3M-Q12M changes of -6.45 and -6.38 respectively. NESR in the long book has seen its Q3M score drop to +4.2 from +14.6.
The long book shows strong clustering in Information Technology (4 names) and Industrials (2 names). Notably, NWPX (Industrials) has seen its Q3M score accelerate to +23.8 from +14.7, while KXIAY (Information Technology) accelerated to +19.8 from +15.4.
The short book is clustered in Information Technology (2 names), Communication Services (2 names), and Financials (2 names). XIACY (Information Technology) shows significant negative momentum, with its Q3M score at -29.7, further deteriorating from its Q12M score of -15.0.
The percentage of A+B graded names has deteriorated by -20.8pp over the last 5 snapshots, falling from 50.6% to 29.8%.
Six out of ten names in the long book are showing decelerating Q3M quant scores compared to their Q12M scores, including SNDK (Q3M=+18.4 vs Q12M=+18.7) and NESR (Q3M=+4.2 vs Q12M=+14.6).
Market breadth remains neutral at 57.0% (30d SMA > 100d SMA), neither confirming nor denying the short-term improvement in average quant scores.
Energy and Materials sectors are experiencing significant momentum deceleration, with Q3M-Q12M changes of -6.45 and -6.38 respectively.
The percentage of A+B graded names has shown no improvement in the latest period, remaining at 29.8% from the previous snapshot, indicating a stagnation in quality.