Post #1946 by rayvt on the Mechanical Investing board

Investment Strategies / Mechanical Investing ❤

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No. of Recommendations: 7

What, you still want a third step?
Top 10 by dividend yield is even higher returns. Advantage over spy 12.5%/year. (but dodgy result because there aren't always 10 dividend paying stocks among the low 15 by beta)

I created a paper portfolio of this screen on 3/9/2024. The stock SWAV was in the 1st & 2nd steps, but not in the third. It was taken over at a 32% gain.

As of 6/6/2024 the gains (including SWAV) for 1, 2, and 3 step are:
4.95%
8.88%
12.57%
SPY gain: 4.48%

When there are fewer than 10 dividend paying stocks for step 3, the remaining slots are filled in with the top stocks of step 2.
Quite a range of returns:

zdiv-10 Gain
NSP   -4.40%
IBKR  13.62%
MRNA  50.14%
ZS    -9.95%
CRWD   5.46%
DVAX  -6.62%
TMDX  58.83%
BILL  25.44%
CPRX  -3.02%
GH    47.09%

Avg   12.57%

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