Model is leaning on 12mo momentum again: top driver in 5 of 10, while the book sits +7.2% to +9.5% at conf 70-71. Thin edge, not a fat pitch. Financials, Industrials, Consumer Defensive each put 2 nam

Raiffeisen Bank International AG ($RBI.VI) tops at +9.5%, conf 71: ↑12mo momentum, ↑6mo momentum, ↑illiquidity. AT&S Austria Tech.&Systemtech. ($ATS.VI) runs the same momentum stack but adds ↑downside risk. VAT Group AG ($VACN.SW) is the Industrial clone: ↑12mo/6mo momentum + ↑downside risk, sec rank 100%. Glanbia plc ($GL9.IR) is not a pure momentum print: ↑illiquidity leads, then ↑12mo/6mo momentum. Lotus Bakeries NV ($LOTB.BR) is the same illiquid-momentum stack at univ 99%, sec 98%. Edenred SE ($EDEN.PA) flips it — ↑6mo momentum first, ↑illiquidity and ↑downside risk next. Defensive/financial mix here is interesting. SIG Group AG ($SIGN.SW) and Valeo SE ($FR.PA) show the consumer cyclical version: ↑12mo momentum, ↑illiquidity, ↑downside risk. SIG is sec 100%; Valeo is sec 98%. Both are high univ percentiles, so the model is not hiding in small caps. Hiab Oyj ($HIAB.HE) is less ↑12mo momentum, more ↑illiquidity + ↑6mo momentum + ↑downside risk. Sartorius Stedim Biotech S.A. ($DIM.PA

Raiffeisen Bank International AG ($RBI.VI) tops at +9.5%, conf 71: ↑12mo momentum, ↑6mo momentum, ↑illiquidity. AT&S Austria Tech.&Systemtech. ($ATS.VI) runs the same momentum stack but adds ↑downside