Z vs Quant Divergence
Where fundamentals lead momentum (reload) or trail it (trim). $2B+ MCap universe. T1 = |divergence| ≥ 30, T2 = 15–30. ACT requires Quant Grade C+ with Q3M > Q12M inflection; otherwise WATCH.
Reload Candidates — Fundamentals Ahead
T1 ACT 4 · T1 WATCH 56 · T2 ACT 0 · T2 WATCH 0
Z percentile > Q percentile by ≥ 15. Strongest signal: Z high, Q catching up, MA inflecting.
| Tier | Ticker | Sector | Price | MCap | Z Pctl | Q Pctl | Divg▼ | Q3M | Q12M | MA | Fund | Quant | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
T1WATCH | HUBS | Information Technology | $185.47 | $9.5B | 96% | 4% | +92.1 | -5.31 | -8.47 | 0.877 | B | E | D |
T1WATCH | DUOL | Consumer Discretionary | $121.49 | $5.7B | 94% | 2% | +91.8 | 8.72 | -9.71 | 1.082 | B | E | C |
T1WATCH | CHWY | Consumer Discretionary | $18.55 | $7.6B | 94% | 2% | +91.8 | -19.99 | -9.94 | 0.836 | C | E | D |
T1WATCH | FIG | Information Technology | $18.62 | $9.8B | 92% | 1% | +91.1 | -3.99 | -11.31 | 0.952 | C | E | D |
T1WATCH | EQH | Financials | $44.00 | $12B | 98% | 7% | +90.2 | -0.32 | -6.26 | 1.035 | D | E | D |
T1WATCH | GDDY | Information Technology | $84.55 | $11.2B | 91% | 2% | +88.9 | 2.77 | -10.01 | 0.976 | C | E | D |
T1WATCH | IT | Information Technology | $134.96 | $9B | 85% | 2% | +83.3 | -4.59 | -10.66 | 0.977 | C | E | D |
T1WATCH | GFL | Industrials | $37.32 | $13.5B | 90% | 8% | +82.0 | -2.11 | -6.21 | 0.900 | C | E | D |
T1WATCH | CELH | Consumer Staples | $29.85 | $7.6B | 96% | 15% | +81.5 | -8.27 | -4.21 | 0.805 | C | E | D |
T1WATCH | AXON | Industrials | $464.83 | $37.5B | 90% | 10% | +80.3 | -1.67 | -5.49 | 0.987 | C | E | D |
T1WATCH | FG | Financials | $27.02 | $3.6B | 98% | 18% | +79.6 | -1.45 | -3.51 | 1.052 | C | D | D |
T1WATCH | MA | Financials | $499.02 | $440.9B | 94% | 15% | +79.0 | -0.59 | -4.17 | 0.975 | C | E | D |
T1WATCH | DASH | Consumer Discretionary | $183.09 | $79.8B | 92% | 13% | +78.4 | 2.30 | -4.57 | 0.971 | C | E | D |
T1WATCH | EXE | Energy | $88.47 | $21.2B | 92% | 14% | +78.4 | -15.20 | -4.33 | 0.926 | C | E | D |
T1WATCH | BAH | Industrials | $62.22 | $7.5B | 86% | 8% | +78.2 | -12.58 | -6.11 | 0.959 | C | E | D |
T1WATCH | GPOR | Energy | $162.87 | $2.9B | 99% | 21% | +78.1 | -16.22 | -2.83 | 0.892 | B | E | D |
T1WATCH | ADBE | Information Technology | $202.73 | $80.6B | 80% | 2% | +78.0 | -8.23 | -10.49 | 0.939 | C | E | D |
T1WATCH | AMP | Financials | $452.81 | $40.7B | 86% | 8% | +78.0 | -4.80 | -5.96 | 0.989 | B | E | D |
T1ACT | ARE | Real Estate | $55.22 | $9.6B | 94% | 17% | +77.7 | 1.30 | -3.69 | 1.030 | C | C | C |
T1WATCH | BULL | Financials | $6.82 | $3.6B | 88% | 11% | +76.5 | 4.24 | -5.08 | 1.059 | D | D | D |
T1WATCH | CLX | Consumer Staples | $97.54 | $11.8B | 95% | 19% | +76.4 | -1.87 | -3.33 | 0.913 | C | E | D |
T1WATCH | GRAB | Industrials | $3.55 | $14.5B | 84% | 7% | +76.4 | -13.02 | -6.48 | 0.919 | C | E | D |
T1WATCH | GWRE | Information Technology | $121.48 | $10.1B | 83% | 7% | +76.1 | -6.82 | -6.77 | 0.945 | B | E | C |
T1WATCH | ADT | Consumer Discretionary | $6.39 | $4.9B | 81% | 5% | +76.1 | -10.39 | -7.62 | 0.965 | C | E | D |
T1WATCH | LYFT | Industrials | $14.27 | $5.4B | 99% | 24% | +75.9 | -1.21 | -2.20 | 0.995 | B | E | D |
T1WATCH | GRFS | Health Care | $7.39 | $5B | 90% | 14% | +75.9 | -10.18 | -4.48 | 0.931 | D | E | E |
T1WATCH | CEG | Utilities | $264.02 | $94.3B | 92% | 16% | +75.3 | -8.79 | -3.80 | 0.933 | C | E | D |
T1WATCH | ELF | Consumer Staples | $67.43 | $4B | 85% | 10% | +75.0 | -2.90 | -5.62 | 0.851 | C | E | D |
T1WATCH | ALNY | Health Care | $291.37 | $38.9B | 98% | 23% | +74.6 | -11.03 | -2.21 | 0.941 | B | E | D |
T1WATCH | ADP | Industrials | $223.55 | $89.4B | 81% | 7% | +74.1 | 9.25 | -6.50 | 1.044 | C | E | D |
T1WATCH | BAM | Financials | $44.62 | $71.2B | 80% | 6% | +74.0 | -8.12 | -6.98 | 1.010 | C | E | D |
T1WATCH | FRPT | Consumer Staples | $57.43 | $2.8B | 99% | 25% | +73.7 | -2.60 | -1.98 | 0.818 | A | E | C |
T1ACT | HRB | Consumer Discretionary | $37.22 | $4.7B | 91% | 18% | +73.6 | 10.59 | -3.51 | 1.122 | C | C | C |
T1WATCH | LIF | Information Technology | $53.08 | $4.3B | 97% | 23% | +73.1 | 1.85 | -2.26 | 0.993 | C | E | D |
T1WATCH | MANH | Information Technology | $137.85 | $8.2B | 83% | 10% | +73.0 | 0.16 | -5.62 | 1.011 | C | E | D |
T1WATCH | CAG | Consumer Staples | $14.08 | $6.7B | 85% | 12% | +72.9 | -0.53 | -4.89 | 0.875 | C | E | D |
T1ACT | AMT | Real Estate | $175.59 | $81.8B | 87% | 14% | +72.5 | 3.34 | -4.28 | 1.012 | D | C | C |
T1WATCH | KEP | Utilities | $11.99 | $15.4B | 94% | 22% | +72.4 | -18.82 | -2.56 | 0.813 | C | E | D |
T1WATCH | AS | Consumer Discretionary | $34.17 | $19.9B | 87% | 14% | +72.3 | -7.46 | -4.29 | 0.986 | C | E | D |
T1WATCH | APAM | Financials | $35.57 | $2.5B | 80% | 8% | +71.7 | -8.42 | -5.98 | 0.977 | C | E | D |
T1WATCH | JOBY | Industrials | $8.83 | $8.7B | 99% | 28% | +71.6 | -8.16 | -1.49 | 1.055 | D | D | D |
T1WATCH | BR | Industrials | $137.93 | $16B | 72% | 1% | +71.6 | -11.03 | -11.34 | 0.905 | C | E | D |
T1WATCH | CHTR | Communication Services | $133.64 | $20.9B | 72% | 1% | +70.6 | -11.71 | -10.99 | 0.725 | C | E | D |
T1WATCH | HLNE | Financials | $77.77 | $4.3B | 73% | 2% | +70.5 | -15.45 | -9.73 | 0.852 | B | E | D |
T1WATCH | DKNG | Consumer Discretionary | $25.70 | $12.8B | 79% | 9% | +70.1 | 5.74 | -5.89 | 1.058 | B | E | D |
T1WATCH | AR | Energy | $35.17 | $10.9B | 97% | 27% | +69.9 | -7.14 | -1.54 | 0.956 | B | D | C |
T1WATCH | CVNA | Consumer Discretionary | $62.35 | $68.4B | 94% | 25% | +69.1 | -6.10 | -1.93 | 0.975 | C | E | D |
T1WATCH | FWONK | Communication Services | $92.17 | $23.1B | 83% | 15% | +68.3 | 3.90 | -4.11 | 1.020 | B | E | D |
T1WATCH | FUTU | Financials | $96.40 | $13.5B | 86% | 17% | +68.2 | -12.03 | -3.58 | 0.774 | B | E | D |
T1WATCH | KMB | Consumer Staples | $109.37 | $36.3B | 91% | 22% | +68.2 | 6.76 | -2.39 | 0.997 | C | D | D |
T1ACT | FLR | Industrials | $53.64 | $7.5B | 97% | 29% | +68.2 | -0.32 | -1.36 | 1.009 | C | C | C |
T1WATCH | CALM | Consumer Staples | $80.23 | $3.8B | 91% | 23% | +68.2 | 1.93 | -2.34 | 0.972 | B | E | D |
T1WATCH | BILI | Communication Services | $16.47 | $6.9B | 82% | 14% | +67.9 | -19.44 | -4.29 | 0.768 | C | E | D |
T1WATCH | EQT | Energy | $52.70 | $33B | 95% | 27% | +67.7 | -16.08 | -1.59 | 0.931 | B | E | C |
T1WATCH | AERO | Industrials | $18.34 | $2.7B | 91% | 23% | +67.6 | 5.95 | -2.29 | 1.018 | D | E | E |
T1WATCH | BXP | Real Estate | $67.40 | $12B | 96% | 28% | +67.6 | 12.91 | -1.41 | 1.075 | D | E | D |
T1WATCH | CCC | Information Technology | $5.01 | $2.9B | 74% | 7% | +67.3 | -7.48 | -6.74 | 0.877 | D | E | E |
T1WATCH | LOAR | Industrials | $79.14 | $7.4B | 86% | 19% | +67.1 | 4.65 | -3.32 | 1.028 | C | E | D |
T1WATCH | GEN | Information Technology | $24.45 | $14.7B | 81% | 14% | +67.0 | 8.23 | -4.41 | 1.125 | B | D | C |
T1WATCH | GRND | Communication Services | $14.34 | $2.5B | 79% | 12% | +67.0 | 4.41 | -4.73 | 1.021 | B | D | C |
Trim Candidates — Momentum Ahead
T1 ACT 25 · T1 WATCH 35 · T2 ACT 0 · T2 WATCH 0
Q percentile > Z percentile by ≥ 15. Risk: price has run past fundamentals.
| Tier | Ticker | Sector | Price | MCap | Z Pctl | Q Pctl | Divg▲ | Q3M | Q12M | MA | Fund | Quant | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
T1ACT | AXSM | Health Care | $241.67 | $12.4B | 2% | 97% | -94.9 | 13.75 | 10.13 | 1.208 | C | A | B |
T1ACT | CHRN | Health Care | $22.23 | $3.2B | 1% | 94% | -93.5 | 9.37 | 8.95 | 1.417 | E | A | C |
T1WATCH | BTE | Energy | $3.99 | $2.9B | 3% | 96% | -92.9 | 1.68 | 9.44 | 1.084 | D | A | B |
T1WATCH | LGN | Industrials | $80.51 | $13.2B | 1% | 94% | -92.8 | 7.47 | 8.77 | 1.213 | E | A | C |
T1WATCH | ALMS | Health Care | $26.40 | $3.4B | 5% | 98% | -92.7 | -4.07 | 10.85 | 0.905 | D | B | C |
T1WATCH | HP | Energy | $33.80 | $3.4B | 3% | 95% | -92.6 | -2.49 | 9.32 | 1.044 | E | A | C |
T1WATCH | CLMT | Energy | $35.08 | $3.1B | 5% | 97% | -92.4 | 9.00 | 10.56 | 1.078 | D | A | B |
T1ACT | KEEL | Information Technology | $6.03 | $3.6B | 2% | 94% | -92.1 | 16.52 | 9.15 | 1.615 | E | A | C |
T1ACT | GSAT | Communication Services | $80.25 | $10.3B | 2% | 94% | -91.8 | 10.74 | 8.83 | 1.130 | C | A | B |
T1WATCH | CIFR | Information Technology | $25.94 | $10.6B | 2% | 93% | -91.1 | 4.41 | 8.66 | 1.293 | E | A | C |
T1ACT | HUT | Information Technology | $123.02 | $13.9B | 2% | 93% | -90.7 | 9.20 | 8.62 | 1.479 | C | A | B |
T1ACT | FPS | Industrials | $55.13 | $16.8B | 4% | 94% | -90.6 | 10.34 | 9.12 | — | E | B | D |
T1ACT | DHC | Real Estate | $9.49 | $2.3B | 8% | 99% | -90.3 | 13.90 | 12.09 | 1.156 | D | A | B |
T1WATCH | BKD | Health Care | $15.71 | $3.8B | 10% | 97% | -87.2 | 7.59 | 10.55 | 0.944 | D | B | C |
T1ACT | KGS | Energy | $76.27 | $7.7B | 14% | 98% | -84.7 | 11.62 | 11.46 | 1.134 | C | A | B |
T1WATCH | ARWR | Health Care | $78.89 | $11.1B | 15% | 99% | -84.4 | 2.50 | 12.41 | 1.113 | D | A | C |
T1ACT | HR | Real Estate | $20.50 | $7.2B | 4% | 87% | -82.2 | 16.05 | 7.19 | 1.085 | D | A | B |
T1WATCH | GTLS | Industrials | $208.50 | $10B | 6% | 87% | -81.2 | -7.08 | 7.33 | 1.001 | E | C | D |
T1WATCH | IREN | Information Technology | $47.21 | $16.9B | 3% | 84% | -81.0 | -2.84 | 6.71 | 1.199 | D | A | C |
T1WATCH | IBRX | Health Care | $8.71 | $9.1B | 3% | 84% | -80.8 | -0.56 | 6.68 | 0.966 | C | A | B |
T1WATCH | CIB | Financials | $79.27 | $18.8B | 9% | 88% | -79.1 | 0.45 | 7.43 | 1.023 | E | B | C |
T1WATCH | AXGN | Health Care | $44.93 | $2.4B | 21% | 100% | -78.9 | 8.84 | 14.31 | 1.139 | D | A | B |
T1WATCH | ESTA | Health Care | $88.38 | $2.6B | 6% | 85% | -78.9 | 5.99 | 6.83 | 1.092 | C | B | C |
T1ACT | MAAS | Financials | $12.77 | $5.6B | 5% | 82% | -77.4 | 12.93 | 6.41 | 1.488 | E | A | C |
T1ACT | COHU | Information Technology | $64.08 | $3B | 18% | 95% | -77.4 | 15.94 | 9.33 | 1.345 | C | A | B |
T1WATCH | AUGO | Materials | $64.08 | $5.4B | 11% | 88% | -76.4 | -9.54 | 7.35 | 0.876 | D | B | C |
T1WATCH | AAOI | Information Technology | $135.69 | $10.9B | 10% | 87% | -76.3 | 3.33 | 7.19 | 1.347 | D | A | B |
T1WATCH | ALM | Materials | $16.28 | $4.6B | 2% | 78% | -76.1 | -5.41 | 5.55 | 1.002 | C | A | B |
T1WATCH | BTU | Energy | $23.51 | $2.9B | 5% | 81% | -76.1 | -12.62 | 6.07 | 0.870 | E | C | D |
T1WATCH | L | Financials | $113.25 | $23.3B | 6% | 82% | -76.0 | 5.55 | 6.45 | 0.993 | D | B | C |
T1ACT | LION | Communication Services | $16.40 | $4.8B | 21% | 96% | -74.5 | 16.00 | 9.69 | 1.242 | E | A | C |
T1WATCH | ENB | Energy | $56.24 | $122.8B | 18% | 92% | -74.4 | 5.24 | 8.52 | 1.046 | C | A | B |
T1ACT | BMO | Financials | $175.10 | $122.6B | 22% | 96% | -74.4 | 25.28 | 9.80 | 1.100 | C | A | B |
T1WATCH | APLD | Information Technology | $39.16 | $11.2B | 10% | 82% | -72.8 | 0.59 | 6.48 | 1.259 | D | A | C |
T1ACT | CMBT | Energy | $14.10 | $4.1B | 4% | 76% | -72.5 | 5.79 | 5.27 | 1.111 | D | A | B |
T1ACT | BNS | Financials | $86.16 | $105.6B | 25% | 98% | -72.4 | 16.97 | 10.86 | 1.073 | D | A | B |
T1WATCH | GENB | Health Care | $16.47 | $2.1B | 6% | 78% | -71.7 | 3.11 | 5.54 | — | E | C | D |
T1ACT | C | Financials | $141.76 | $241.8B | 12% | 83% | -70.6 | 6.83 | 6.57 | 1.088 | C | A | B |
T1ACT | KNX | Industrials | $76.61 | $12.4B | 8% | 78% | -70.1 | 10.12 | 5.56 | 1.168 | E | A | C |
T1ACT | DTM | Energy | $150.74 | $15.4B | 20% | 90% | -69.7 | 8.03 | 7.90 | 1.042 | C | A | B |
T1WATCH | AVAL | Financials | $5.08 | $6B | 11% | 80% | -69.6 | 3.02 | 5.99 | 1.089 | D | A | C |
T1ACT | CNP | Utilities | $45.04 | $29.5B | 19% | 88% | -69.4 | 9.96 | 7.47 | 1.003 | D | A | C |
T1ACT | CORZ | Information Technology | $27.20 | $8.6B | 0% | 69% | -68.4 | 9.77 | 4.27 | 1.297 | D | A | B |
T1ACT | ACLS | Information Technology | $173.23 | $5.3B | 12% | 80% | -68.2 | 6.56 | 5.94 | 1.330 | E | A | C |
T1WATCH | DBD | Information Technology | $84.98 | $2.9B | 3% | 71% | -67.8 | 0.07 | 4.61 | 1.010 | D | A | C |
T1WATCH | FTS | Utilities | $58.21 | $29.6B | 29% | 97% | -67.3 | 9.23 | 10.03 | 1.002 | D | A | C |
T1WATCH | AAUC | Materials | $23.07 | $2.9B | 10% | 77% | -66.8 | -25.41 | 5.45 | 0.881 | C | B | B |
T1WATCH | AM | Energy | $23.19 | $11B | 17% | 83% | -66.6 | 3.87 | 6.66 | 1.002 | D | A | C |
T1WATCH | IVZ | Financials | $26.16 | $11.6B | 8% | 74% | -66.5 | -4.88 | 5.06 | 1.071 | D | B | C |
T1WATCH | ELAN | Health Care | $24.57 | $12.3B | 5% | 71% | -66.5 | -8.32 | 4.65 | 0.977 | C | C | C |
T1ACT | IDA | Utilities | $152.88 | $8.5B | 29% | 95% | -66.2 | 12.02 | 9.30 | 1.001 | D | A | B |
T1WATCH | LBRT | Energy | $26.86 | $4.4B | 20% | 86% | -65.7 | -4.77 | 7.03 | 1.016 | C | A | B |
T1WATCH | FLNC | Industrials | $19.27 | $3.6B | 9% | 75% | -65.5 | 1.34 | 5.14 | 1.244 | C | A | B |
T1ACT | BKH | Utilities | $76.04 | $5.8B | 24% | 90% | -65.1 | 8.63 | 7.74 | 1.008 | D | B | C |
T1WATCH | IONS | Health Care | $81.18 | $13.4B | 26% | 90% | -65.0 | 2.02 | 8.01 | 0.984 | C | C | C |
T1WATCH | FANG | Energy | $179.91 | $50.6B | 13% | 77% | -64.9 | -2.15 | 5.49 | 1.040 | D | A | C |
T1WATCH | CC | Materials | $20.74 | $3.1B | 3% | 68% | -64.8 | -3.91 | 4.19 | 1.028 | E | A | C |
T1ACT | MAC | Real Estate | $25.83 | $8B | 17% | 82% | -64.4 | 14.26 | 6.38 | 1.111 | D | A | B |
T1ACT | CFG | Financials | $70.40 | $29.8B | 22% | 86% | -64.2 | 10.04 | 7.10 | 1.030 | C | A | B |
T1WATCH | BEP | Utilities | $35.27 | $22.7B | 2% | 66% | -64.1 | 1.29 | 4.00 | 1.075 | D | A | C |
Short Exit Monitor
T1 ACT 0 · T1 WATCH 38 · T2 ACT 0 · T2 WATCH 2
Currently-weak names (Quant Grade D/E) where fundamentals are improving and Q3M > Q12M. Watch for cover.
| Tier | Ticker | Sector | Price | MCap | Z Pctl▼ | Q Pctl | Divg | Q3M | Q12M | MA | Fund | Quant | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
T1WATCH | LYFT | Industrials | $14.27 | $5.4B | 99% | 24% | +75.9 | -1.21 | -2.20 | 0.995 | B | E | D |
T1WATCH | EQH | Financials | $44.00 | $12B | 98% | 7% | +90.2 | -0.32 | -6.26 | 1.035 | D | E | D |
T1WATCH | FG | Financials | $27.02 | $3.6B | 98% | 18% | +79.6 | -1.45 | -3.51 | 1.052 | C | D | D |
T1WATCH | LIF | Information Technology | $53.08 | $4.3B | 97% | 23% | +73.1 | 1.85 | -2.26 | 0.993 | C | E | D |
T1WATCH | HUBS | Information Technology | $185.47 | $9.5B | 96% | 4% | +92.1 | -5.31 | -8.47 | 0.877 | B | E | D |
T1WATCH | BXP | Real Estate | $67.40 | $12B | 96% | 28% | +67.6 | 12.91 | -1.41 | 1.075 | D | E | D |
T1WATCH | CLX | Consumer Staples | $97.54 | $11.8B | 95% | 19% | +76.4 | -1.87 | -3.33 | 0.913 | C | E | D |
T1WATCH | DUOL | Consumer Discretionary | $121.49 | $5.7B | 94% | 2% | +91.8 | 8.72 | -9.71 | 1.082 | B | E | C |
T1WATCH | MA | Financials | $499.02 | $440.9B | 94% | 15% | +79.0 | -0.59 | -4.17 | 0.975 | C | E | D |
T2WATCH | KSS | Consumer Discretionary | $19.26 | $2.2B | 93% | 77% | +16.5 | 8.05 | 5.42 | 1.024 | B | D | C |
T1WATCH | EAT | Consumer Discretionary | $171.46 | $7.4B | 92% | 30% | +62.4 | 4.79 | -1.14 | 1.002 | C | D | D |
T1WATCH | FIG | Information Technology | $18.62 | $9.8B | 92% | 1% | +91.1 | -3.99 | -11.31 | 0.952 | C | E | D |
T1WATCH | DASH | Consumer Discretionary | $183.09 | $79.8B | 92% | 13% | +78.4 | 2.30 | -4.57 | 0.971 | C | E | D |
T1WATCH | GDDY | Information Technology | $84.55 | $11.2B | 91% | 2% | +88.9 | 2.77 | -10.01 | 0.976 | C | E | D |
T1WATCH | CALM | Consumer Staples | $80.23 | $3.8B | 91% | 23% | +68.2 | 1.93 | -2.34 | 0.972 | B | E | D |
T1WATCH | AERO | Industrials | $18.34 | $2.7B | 91% | 23% | +67.6 | 5.95 | -2.29 | 1.018 | D | E | E |
T1WATCH | KMB | Consumer Staples | $109.37 | $36.3B | 91% | 22% | +68.2 | 6.76 | -2.39 | 0.997 | C | D | D |
T1WATCH | AXON | Industrials | $464.83 | $37.5B | 90% | 10% | +80.3 | -1.67 | -5.49 | 0.987 | C | E | D |
T1WATCH | GFL | Industrials | $37.32 | $13.5B | 90% | 8% | +82.0 | -2.11 | -6.21 | 0.900 | C | E | D |
T1WATCH | GLBE | Consumer Discretionary | $36.41 | $6.1B | 88% | 36% | +51.5 | 3.68 | -0.04 | 0.977 | B | E | D |
T1WATCH | BULL | Financials | $6.82 | $3.6B | 88% | 11% | +76.5 | 4.24 | -5.08 | 1.059 | D | D | D |
T1WATCH | AMP | Financials | $452.81 | $40.7B | 86% | 8% | +78.0 | -4.80 | -5.96 | 0.989 | B | E | D |
T1WATCH | LOAR | Industrials | $79.14 | $7.4B | 86% | 19% | +67.1 | 4.65 | -3.32 | 1.028 | C | E | D |
T1WATCH | IT | Information Technology | $134.96 | $9B | 85% | 2% | +83.3 | -4.59 | -10.66 | 0.977 | C | E | D |
T1WATCH | CAG | Consumer Staples | $14.08 | $6.7B | 85% | 12% | +72.9 | -0.53 | -4.89 | 0.875 | C | E | D |
T1WATCH | ELF | Consumer Staples | $67.43 | $4B | 85% | 10% | +75.0 | -2.90 | -5.62 | 0.851 | C | E | D |
T2WATCH | HCI | Financials | $180.46 | $2.3B | 84% | 59% | +25.6 | 14.72 | 2.90 | 1.012 | B | E | C |
T1WATCH | HD | Consumer Discretionary | $348.86 | $347.9B | 84% | 20% | +63.8 | -2.50 | -2.91 | 0.944 | D | E | E |
T1WATCH | FWONK | Communication Services | $92.17 | $23.1B | 83% | 15% | +68.3 | 3.90 | -4.11 | 1.020 | B | E | D |
T1WATCH | MANH | Information Technology | $137.85 | $8.2B | 83% | 10% | +73.0 | 0.16 | -5.62 | 1.011 | C | E | D |
T1WATCH | HNI | Industrials | $39.61 | $2.9B | 82% | 16% | +66.2 | 1.88 | -3.81 | 0.866 | D | E | E |
T1WATCH | BOBS | Consumer Discretionary | $16.18 | $2.1B | 82% | 30% | +51.9 | 5.57 | -1.08 | — | D | E | E |
T1WATCH | ADP | Industrials | $223.55 | $89.4B | 81% | 7% | +74.1 | 9.25 | -6.50 | 1.044 | C | E | D |
T1WATCH | GEN | Information Technology | $24.45 | $14.7B | 81% | 14% | +67.0 | 8.23 | -4.41 | 1.125 | B | D | C |
T1WATCH | LII | Industrials | $563.87 | $19.6B | 80% | 22% | +57.6 | 5.66 | -2.42 | 1.008 | C | D | D |
T1WATCH | ADBE | Information Technology | $202.73 | $80.6B | 80% | 2% | +78.0 | -8.23 | -10.49 | 0.939 | C | E | D |
T1WATCH | GRND | Communication Services | $14.34 | $2.5B | 79% | 12% | +67.0 | 4.41 | -4.73 | 1.021 | B | D | C |
T1WATCH | DKNG | Consumer Discretionary | $25.70 | $12.8B | 79% | 9% | +70.1 | 5.74 | -5.89 | 1.058 | B | E | D |
T1WATCH | HLN | Health Care | $9.24 | $40.7B | 78% | 21% | +57.5 | -2.23 | -2.82 | 0.932 | D | E | E |
T1WATCH | HQY | Health Care | $88.46 | $7.4B | 75% | 16% | +59.2 | 0.19 | -3.86 | 1.052 | C | E | D |
Methodology
Jegadeesh–Titman 12-1 Momentum
Cross-sectional momentum, 1993
Q12M is the risk-adjusted Jensen's alpha over 12 months relative to the S&P 500: α / σ × 1000. This isolates excess return (above CAPM) per unit of total volatility — the Information Ratio expression of the 12-month-minus-1 anomaly originally documented by Jegadeesh & Titman.
Empirical finding: top decile by 12-1 return beats bottom decile by ~12% annually over 3-12 month holding periods, robust across decades and markets.
Hedgeye TRADE / TREND / TAIL
Three-duration confirmation
Q3M (TRADE, ~3 months), Q6M (TREND, ~6 months), and Q12M (TAIL, ~12 months) together form a three-duration framework. Conviction comes from alignment: bullish setups require positive alpha at all three durations andMA(30/100) > 1.0.
Inflection — Q3M crossing above Q12M — is the actionable trigger for Reload entries.
Divergence Definition
Z pctl − Q pctl
Z and Q are independent axes — composite-Z measures sector-relative fundamental quality, Q12M measures market-relative risk-adjusted momentum. Their universe percentiles are differenced: positive = fundamentals ahead of momentum, negative = momentum ahead of fundamentals.
Computed within the $2B+ MCap universe only — small-cap noise dominates the tails otherwise.
Tier & Action Criteria
What separates ACT from WATCH
Tier 1 requires |divergence| ≥ 30 (top/bottom decile of the divergence distribution). Tier 2 covers 15–30 (notable but less extreme).
ACT badge requires Quant Grade ∈ {A, B, C} andQ3M > Q12M (positive inflection). Without that, the same divergence reads as WATCH — direction is right, but timing or quality is missing.