Book is tight: +7.4% to +9.1%, median conf 78 — thin edge. Model still leaning hard into 12mo momentum, drives 7 of 10. Raiffeisen Bank International AG ($RBI.VI) and Valeo SE ($FR.PA) sit top, both u

Glanbia plc ($GL9.IR) is the defensive name, but illiquidity (+0.0237) is its top driver, then 12mo momentum (+0.0206), 6mo (+0.0150). AT&S Austria Tech.&Systemtech. ($ATS.VI) is pure tech trend: 12mo (+0.0241), 6mo (+0.0212), downside risk (+0.0183). Both 100 univ/sec, conf 79. VAT Group AG ($VACN.SW) — industrials — 12mo momentum (+0.0238) leads, downside risk (+0.0169) second. Lotus Bakeries NV ($LOTB.BR) — consumer defensive — 12mo (+0.0241) and illiquidity (+0.0225), 6mo (+0.0191). Same momentum print, different sector. Conf 79/77. Soitec SA ($SOI.PA) — tech — 12mo (+0.0212), 6mo (+0.0199), downside risk (+0.0172). SIG Group AG ($SIGN.SW) — consumer cyclical — 12mo (+0.0241), illiquidity (+0.0214), downside risk (+0.0183). Both univ 99. Conf 77/78. Model is ignoring sector labels here. Technoprobe S.p.A. ($TPRO.MI) — tech — 12mo (+0.0227), 6mo (+0.0186), downside risk (+0.0106). Bank Millennium S.A. ($MIL.WA) — financials — illiquidity (+0.0221) leads, then 12mo (+0.0176), 6mo (+0

Glanbia plc ($GL9.IR) is the defensive name, but illiquidity (+0.0237) is its top driver, then 12mo momentum (+0.0206), 6mo (+0.0150). AT&S Austria Tech.&Systemtech. ($ATS.VI) is pure tech trend: 12mo