Top 10 sector concentration: Industrials (2), Consumer Cyclical (2), Utilities (1)

1. Konica Minolta, Inc. (4902.T) · Industrials · univ 100% · sec 100% · +20.7% · conf 92

What changed

1. Konica Minolta, Inc. (4902.T) · Industrials · univ 100% · sec 100% · +20.7% · conf 92 ↑ earnings yield vs bonds (+0.0956) ↑ downside risk (+0.0223) ↑ 6mo alpha vs SPY (+0.0155) 2. The Kansai Electric Power Company, Incorporated (9503.T) · Utilities · univ 100% · sec 100% · +18.1% · conf 92 ↑ earnings yield vs bonds (+0.1053) ↑ 6mo alpha vs SPY (+0.0120) ↑ 6mo momentum (+0.0087) 3. Nomura Holdings, Inc. (8604.T) · Financial Services · univ 99% · sec 100% · +16.1% · conf 92 ↑ earnings yield vs bonds (+0.0768) ↑ downside risk (+0.0163) ↑ 6mo alpha vs SPY (+0.0148) 4. Daiwa House Industry Co., Ltd. (1925.T) · Real Estate · univ 99% · sec 100% · +15.5% · conf 92 ↑ earnings yield vs bonds (+0.1053) ↓ downside risk (-0.0236) ↑ 12mo momentum (+0.0181) 5. Yamaha Motor Co., Ltd. (7272.T) · Consumer Cyclical · univ 98% · sec 100% · +15.4% · conf 92 ↑ earnings yield vs bonds (+0.0981) ↓ 12mo momentum (-0.0210) ↑ 6mo alpha vs SPY (+0.0208) 6. Idemitsu Kosan Co.,Lt

Why it matters

1. Konica Minolta, Inc. (4902.T) · Industrials · univ 100% · sec 100% · +20.7% · conf 92 ↑ earnings yield vs bonds (+0.0956) ↑ downside risk (+0.0223) ↑ 6mo alpha vs SPY (+0.0155)

Sources

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