The table below shows the performance of a universe of mid and large cap U.S. equities, broken down by relative strength decile and quartile and then compared to the universe return. Those at the top of the ranks are those stocks which have the best intermediate-term relative strength. Relative strength strategies buy securities that have strong intermediate-term relative strength and hold them as long as they remain strong.
Last week’s performance (10/19/09 - 10/23/09) is as follows:
Pretty good week in relative performance for high relative strength stocks as the top quartile outperformed the universe returns. High relative strength stocks have had a good showing for three out of the last four weeks.
