K Score – STOXX
Discover stock winners and avoid losers.
Ranked by an ensemble alpha model, K Score is an equity rating using fundamental information, pricing and trading volumes, technical signals, and alternative data, to deliver an actionable 1 to 9 score using machine learning technologies.
New Investment Ideas
Save time and discover new ideas that weren’t on your radar before.
Signals for Quant Models
Overlay K Scores with your privately developed models as alpha signal.
Long and Short Portfolios
A higher K Score indicates a higher probability of outperformance in the future.
Servicing Buyside Firms, Hedge Funds, Asset Managers, Portfolio Managers, and Equity Research Teams.
K Score covers component stocks on the STOXX 600 index in the European stock market.
On average 590 tickers are rated and ranked daily on all the trading days across all major industry sectors. Investors can look at the historic trends of a company, and evaluate the strength of a company relative to their sector.
Firms, regardless of size, that are constrained with time and resources, can discover investment ideas that cover large, medium and small caps efficiently.
|Date||Symbol||Constituent Name||K Score|
|2019-06-17||HM.B||H&M Hennes & Mauritz AB Class B||9|
|2019-06-17||TELIA||Telia Company AB||9|
|2019-06-17||ESSITY.B||Essity AB Class B||5|
To test the performance of the K Score, we constructed two portfolios – Top Picks and Bottom Picks. The Top Picks portfolio comprises of component stocks on the STOXX 600 index that are assigned with a K Score of 9, while the Bottom Picks portfolio have stocks in K Score of 1.
Figure 1. Cumulative Return of Top Picks and Bottom Picks Portfolios (2013-01-03 to 2019-05-06)
Table 2. Return Statistics
- Coverage: Europe (STOXX 600 component stocks)
- History: from 2013-01-03 (available for back testing)
- Data Update Frequency: daily on trading days
- Data Availability: daily (within 5 hours after the market closes)
- Delivery Mechanism: FTP, CVS, and API
Annual subscription based on company’s asset under management (AUM) or revenue.