spb/wp17_uqo

1signal,sample,weighting,Q1,Q2,Q3,Q4,Q5,Q5_minus_Q1,t,years,fm_slope_pct_per_sd,fm_t,pre_spread,pre_t,post_spread,post_t,post_cohorts2AI_COMPOS,Russell 3000,EW,17.4,21.7,19.4,21.2,23.1,5.7,2.45,15,2.96,2.76,5.2,2.04,7.7,1.33,-8.6 / +12.1 / +19.63AI_COMPOS,Russell 3000,VW,0.9,7.7,6.2,13.7,14.1,13.3,2.38,15,2.96,2.76,5.2,2.04,7.7,1.33,-8.6 / +12.1 / +19.64AI_COMPOS,Russell 3000,EW_madj,2.5,6.9,4.6,6.4,8.2,5.7,2.45,15,2.96,2.76,5.2,2.04,7.7,1.33,-8.6 / +12.1 / +19.65AI_COMPOS,Russell 3000,EW_wins,15.9,16.9,17.3,17.6,19.6,3.6,1.98,15,2.96,2.76,5.2,2.04,7.7,1.33,-8.6 / +12.1 / +19.66AI_COMPOS,S&P 500,EW,15.2,16.2,18.6,18.9,23.2,8.0,2.5,15,1.86,2.14,5.5,2.03,17.9,2.06,+13.1 / -7.0 / +47.47AI_COMPOS,S&P 500,VW,11.0,10.4,12.7,15.1,14.1,3.2,0.63,15,1.86,2.14,5.5,2.03,17.9,2.06,+13.1 / -7.0 / +47.48COMPOS_RECOMP,Russell 3000,EW,17.3,21.8,19.4,21.2,23.0,5.7,2.43,15,2.96,2.76,5.2,2.02,7.7,1.33,-8.6 / +12.1 / +19.69COMPOS_RECOMP,Russell 3000,VW,0.9,7.7,6.2,13.7,14.1,13.3,2.38,15,2.96,2.76,5.2,2.02,7.7,1.33,-8.6 / +12.1 / +19.610COMPOS_RECOMP,Russell 3000,EW_madj,2.5,6.9,4.6,6.4,8.2,5.7,2.43,15,2.96,2.76,5.2,2.02,7.7,1.33,-8.6 / +12.1 / +19.611COMPOS_RECOMP,Russell 3000,EW_wins,15.9,16.9,17.3,17.6,19.5,3.6,1.96,15,2.96,2.76,5.2,2.02,7.7,1.33,-8.6 / +12.1 / +19.612COMPOS_RECOMP,S&P 500,EW,15.2,16.2,18.5,18.9,23.2,8.0,2.5,15,1.86,2.14,5.5,2.03,17.9,2.06,+13.1 / -7.0 / +47.413COMPOS_RECOMP,S&P 500,VW,11.0,10.7,12.4,15.1,14.1,3.2,0.63,15,1.86,2.14,5.5,2.03,17.9,2.06,+13.1 / -7.0 / +47.414ALT_COMPOS_STRIP,Russell 3000,EW,19.3,19.6,19.5,21.1,23.2,3.9,1.92,15,2.87,2.94,3.5,1.75,5.3,1.14,-8.8 / +11.6 / +13.015ALT_COMPOS_STRIP,Russell 3000,VW,-0.5,10.1,4.1,12.5,14.3,14.8,2.96,15,2.87,2.94,3.5,1.75,5.3,1.14,-8.8 / +11.6 / +13.016ALT_COMPOS_STRIP,Russell 3000,EW_madj,4.5,4.8,4.7,6.3,8.4,3.9,1.92,15,2.87,2.94,3.5,1.75,5.3,1.14,-8.8 / +11.6 / +13.017ALT_COMPOS_STRIP,Russell 3000,EW_wins,15.6,17.3,16.6,18.0,19.8,4.2,2.31,15,2.87,2.94,3.5,1.75,5.3,1.14,-8.8 / +11.6 / +13.018ALT_COMPOS_STRIP,S&P 500,EW,14.9,17.0,18.4,19.6,22.2,7.4,3.2,15,1.83,2.46,6.5,2.79,10.7,1.77,+7.8 / -7.1 / +31.519ALT_COMPOS_STRIP,S&P 500,VW,10.3,12.2,13.9,11.6,16.8,6.4,1.65,15,1.83,2.46,6.5,2.79,10.7,1.77,+7.8 / -7.1 / +31.520ALT_COMPOS_CORE_STRIP,Russell 3000,EW,19.3,20.1,19.0,20.9,23.5,4.2,1.97,15,2.91,2.92,3.3,1.86,7.6,1.23,-7.2 / +6.9 / +23.221ALT_COMPOS_CORE_STRIP,Russell 3000,VW,0.7,4.3,8.0,10.1,14.6,13.9,2.98,15,2.91,2.92,3.3,1.86,7.6,1.23,-7.2 / +6.9 / +23.222ALT_COMPOS_CORE_STRIP,Russell 3000,EW_madj,4.5,5.2,4.2,6.0,8.7,4.2,1.97,15,2.91,2.92,3.3,1.86,7.6,1.23,-7.2 / +6.9 / +23.223ALT_COMPOS_CORE_STRIP,Russell 3000,EW_wins,15.5,17.1,16.8,17.9,19.9,4.4,2.83,15,2.91,2.92,3.3,1.86,7.6,1.23,-7.2 / +6.9 / +23.224ALT_COMPOS_CORE_STRIP,S&P 500,EW,14.1,18.0,18.3,19.5,22.2,8.1,4.13,15,2.02,2.87,7.2,3.42,11.5,2.36,+12.4 / -6.3 / +28.425ALT_COMPOS_CORE_STRIP,S&P 500,VW,7.9,16.5,13.6,12.2,16.1,8.3,2.23,15,2.02,2.87,7.2,3.42,11.5,2.36,+12.4 / -6.3 / +28.426ALT_ADOPT_STRIP,Russell 3000,EW,18.8,19.2,20.4,22.6,21.9,3.0,1.56,15,2.12,3.27,2.6,1.4,4.6,0.92,-7.9 / +5.0 / +16.827ALT_ADOPT_STRIP,Russell 3000,VW,1.3,7.4,9.3,7.5,17.0,15.7,2.86,15,2.12,3.27,2.6,1.4,4.6,0.92,-7.9 / +5.0 / +16.828ALT_ADOPT_STRIP,Russell 3000,EW_madj,4.0,4.4,5.5,7.7,7.0,3.0,1.56,15,2.12,3.27,2.6,1.4,4.6,0.92,-7.9 / +5.0 / +16.829ALT_ADOPT_STRIP,Russell 3000,EW_wins,15.3,16.8,18.0,18.2,19.1,3.8,2.01,15,2.12,3.27,2.6,1.4,4.6,0.92,-7.9 / +5.0 / +16.830ALT_ADOPT_STRIP,S&P 500,EW,15.2,16.8,18.4,18.7,22.9,7.8,2.53,15,1.49,2.19,5.4,2.07,17.4,2.14,+10.8 / -3.4 / +44.731ALT_ADOPT_STRIP,S&P 500,VW,13.4,8.1,14.7,10.6,16.2,2.9,0.68,15,1.49,2.19,5.4,2.07,17.4,2.14,+10.8 / -3.4 / +44.732ALT_ADOPT_CORE,Russell 3000,EW,18.8,19.4,20.1,21.9,22.5,3.7,1.48,15,1.97,2.45,2.6,1.21,7.9,1.28,-8.9 / +11.4 / +21.333ALT_ADOPT_CORE,Russell 3000,VW,7.0,3.9,13.4,4.7,16.7,9.7,2.15,15,1.97,2.45,2.6,1.21,7.9,1.28,-8.9 / +11.4 / +21.334ALT_ADOPT_CORE,Russell 3000,EW_madj,4.0,4.6,5.3,7.1,7.6,3.7,1.48,15,1.97,2.45,2.6,1.21,7.9,1.28,-8.9 / +11.4 / +21.335ALT_ADOPT_CORE,Russell 3000,EW_wins,15.4,16.5,17.6,18.1,19.6,4.2,2.6,15,1.97,2.45,2.6,1.21,7.9,1.28,-8.9 / +11.4 / +21.336ALT_ADOPT_CORE,S&P 500,EW,15.6,16.3,18.1,20.4,21.6,5.9,2.99,15,1.77,3.09,5.6,2.82,7.4,1.2,+3.6 / -9.8 / +28.537ALT_ADOPT_CORE,S&P 500,VW,11.1,10.4,15.2,10.3,15.5,4.4,1.02,15,1.77,3.09,5.6,2.82,7.4,1.2,+3.6 / -9.8 / +28.538ALT_INFRA_STRIP,Russell 3000,EW,18.0,22.1,18.8,20.9,23.0,5.0,2.47,15,2.84,2.47,4.2,1.98,8.2,1.5,-6.6 / +11.1 / +20.239ALT_INFRA_STRIP,Russell 3000,VW,-0.6,9.3,9.0,10.5,14.7,15.3,3.13,15,2.84,2.47,4.2,1.98,8.2,1.5,-6.6 / +11.1 / +20.240ALT_INFRA_STRIP,Russell 3000,EW_madj,3.2,7.3,4.0,6.0,8.2,5.0,2.47,15,2.84,2.47,4.2,1.98,8.2,1.5,-6.6 / +11.1 / +20.241ALT_INFRA_STRIP,Russell 3000,EW_wins,16.3,16.8,16.7,18.0,19.5,3.2,2.13,15,2.84,2.47,4.2,1.98,8.2,1.5,-6.6 / +11.1 / +20.242ALT_INFRA_STRIP,S&P 500,EW,14.3,17.3,18.8,20.2,21.5,7.2,4.05,15,1.72,2.67,6.7,3.31,9.2,2.69,+6.0 / +1.0 / +20.843ALT_INFRA_STRIP,S&P 500,VW,7.5,14.4,15.0,12.9,14.1,6.6,1.56,15,1.72,2.67,6.7,3.31,9.2,2.69,+6.0 / +1.0 / +20.844CYBER_STRIP,Russell 3000,EW,17.9,21.1,23.2,19.8,20.8,2.9,1.12,15,0.88,0.91,0.4,0.22,12.8,5.0,+4.0 / +22.9 / +11.545CYBER_STRIP,Russell 3000,VW,8.4,8.3,12.2,10.7,9.7,1.3,0.58,15,0.88,0.91,0.4,0.22,12.8,5.0,+4.0 / +22.9 / +11.546CYBER_STRIP,Russell 3000,EW_madj,3.1,6.2,8.4,5.0,6.0,2.9,1.12,15,0.88,0.91,0.4,0.22,12.8,5.0,+4.0 / +22.9 / +11.547CYBER_STRIP,Russell 3000,EW_wins,16.3,16.8,17.9,18.0,18.3,2.1,1.17,15,0.88,0.91,0.4,0.22,12.8,5.0,+4.0 / +22.9 / +11.548CYBER_STRIP,S&P 500,EW,13.5,18.6,19.5,18.5,21.9,8.4,2.66,15,1.61,2.19,5.3,2.5,20.6,3.49,+17.2 / +3.9 / +40.849CYBER_STRIP,S&P 500,VW,8.0,15.4,16.2,14.2,10.9,2.8,0.74,15,1.61,2.19,5.3,2.5,20.6,3.49,+17.2 / +3.9 / +40.850AUTOM_STRIP,Russell 3000,EW,18.7,21.0,19.4,21.8,21.9,3.2,1.54,15,1.3,2.09,2.3,1.06,6.7,3.5,+0.4 / +10.8 / +8.951AUTOM_STRIP,Russell 3000,VW,8.0,5.0,2.5,10.1,21.7,13.7,2.85,15,1.3,2.09,2.3,1.06,6.7,3.5,+0.4 / +10.8 / +8.952AUTOM_STRIP,Russell 3000,EW_madj,3.9,6.2,4.6,6.9,7.1,3.2,1.54,15,1.3,2.09,2.3,1.06,6.7,3.5,+0.4 / +10.8 / +8.953AUTOM_STRIP,Russell 3000,EW_wins,15.2,17.9,16.6,18.1,19.4,4.1,2.18,15,1.3,2.09,2.3,1.06,6.7,3.5,+0.4 / +10.8 / +8.954AUTOM_STRIP,S&P 500,EW,15.2,18.0,17.1,18.9,22.8,7.6,2.66,15,0.97,1.71,5.5,2.32,16.0,2.21,+11.8 / -4.5 / +40.655AUTOM_STRIP,S&P 500,VW,10.4,13.6,9.1,17.6,15.4,5.0,1.34,15,0.97,1.71,5.5,2.32,16.0,2.21,+11.8 / -4.5 / +40.656KW_CORE,Russell 3000,EW,22.3,18.7,20.1,20.1,21.7,-0.6,-0.18,15,1.02,3.0,-3.6,-1.24,11.4,3.06,+2.3 / +29.7 / +2.357KW_CORE,Russell 3000,VW,9.0,8.1,13.1,2.8,7.8,-1.3,-0.21,15,1.02,3.0,-3.6,-1.24,11.4,3.06,+2.3 / +29.7 / +2.358KW_CORE,Russell 3000,EW_madj,7.5,3.9,5.2,5.3,6.9,-0.6,-0.18,15,1.02,3.0,-3.6,-1.24,11.4,3.06,+2.3 / +29.7 / +2.359KW_CORE,Russell 3000,EW_wins,17.6,16.4,17.0,17.4,18.9,1.3,1.09,15,1.02,3.0,-3.6,-1.24,11.4,3.06,+2.3 / +29.7 / +2.360KW_CORE,S&P 500,EW,16.7,16.2,18.0,18.3,22.8,6.0,1.57,15,1.73,2.52,2.5,0.93,19.9,9.1,+20.3 / +11.9 / +27.561KW_CORE,S&P 500,VW,15.1,10.5,14.9,10.3,12.4,-2.7,-1.03,15,1.73,2.52,2.5,0.93,19.9,9.1,+20.3 / +11.9 / +27.562KW_EXT,Russell 3000,EW,20.8,19.1,18.5,21.3,23.2,2.4,1.32,15,0.79,2.17,1.5,0.82,6.2,1.38,-2.3 / +27.9 / -6.863KW_EXT,Russell 3000,VW,9.8,9.5,0.1,12.0,13.3,3.5,1.14,15,0.79,2.17,1.5,0.82,6.2,1.38,-2.3 / +27.9 / -6.864KW_EXT,Russell 3000,EW_madj,5.9,4.3,3.7,6.4,8.4,2.4,1.32,15,0.79,2.17,1.5,0.82,6.2,1.38,-2.3 / +27.9 / -6.865KW_EXT,Russell 3000,EW_wins,16.4,16.9,16.4,17.9,19.7,3.3,1.98,15,0.79,2.17,1.5,0.82,6.2,1.38,-2.3 / +27.9 / -6.866KW_EXT,S&P 500,EW,17.0,15.5,16.3,18.1,25.1,8.2,2.68,15,0.26,1.0,4.9,2.29,21.1,10.5,+22.9 / +12.6 / +27.867KW_EXT,S&P 500,VW,12.4,12.9,11.5,12.8,15.0,2.6,0.59,15,0.26,1.0,4.9,2.29,21.1,10.5,+22.9 / +12.6 / +27.868KW_CORE_POOLED,Russell 3000,EW,22.3,18.7,20.3,20.0,21.5,-0.8,-0.22,15,1.5,3.01,-3.6,-1.23,10.7,2.31,+3.4 / +32.3 / -3.669KW_CORE_POOLED,Russell 3000,VW,9.0,8.1,13.1,2.9,7.7,-1.4,-0.23,15,1.5,3.01,-3.6,-1.23,10.7,2.31,+3.4 / +32.3 / -3.670KW_CORE_POOLED,Russell 3000,EW_madj,7.5,3.9,5.5,5.1,6.7,-0.8,-0.22,15,1.5,3.01,-3.6,-1.23,10.7,2.31,+3.4 / +32.3 / -3.671KW_CORE_POOLED,Russell 3000,EW_wins,17.6,16.4,17.1,17.4,18.7,1.2,1.01,15,1.5,3.01,-3.6,-1.23,10.7,2.31,+3.4 / +32.3 / -3.672KW_CORE_POOLED,S&P 500,EW,16.7,16.2,18.4,18.3,22.3,5.6,1.54,15,3.8,4.05,2.3,0.88,18.9,7.63,+18.5 / +10.7 / +27.573KW_CORE_POOLED,S&P 500,VW,15.1,10.5,15.4,9.8,12.4,-2.8,-1.07,15,3.8,4.05,2.3,0.88,18.9,7.63,+18.5 / +10.7 / +27.574