What Is Quadrix?
Quadrix is a stock ranking software that uses over 90 variables in seven major categories to unravel the price of a stock. The Quadrix software is produced and maintained by the use of Horizon Publishing Company. The seven major categories are momentum, top of the range, worth, financial power, earnings estimates, potency, and reversion. The overall ranking for a selected stock is decided by the use of a weighted affordable of all 90 variables.
The Quadrix software used to be as soon as complex by the use of Horizon Investment Services and products and merchandise’ Chief Investment Officer, Rich Moroney and has been publishing scores for stocks for the reason that year 2000.
Key Takeaways
- Quadrix is a proprietary stock screening software.
- The screener seems to be like at publicly traded stocks throughout the U.S. along side some ADRs of global firms listed on U.S. exchanges.
- Quadrix is not a risk-based portfolio builder consistent with fashionable portfolio idea of the type used by many roboadvisors.
How Quadrix Works
Quadrix is a stock research instrument that fees stocks consistent with variable scores that fall into one among seven categories. The seven categories of variables used in Quadrix are momentum, top of the range, worth, financial power, forecasted earnings, potency, and reversion. The Quadrix software can be used as a tool for tracking business body of workers potency.
Quadrix is a number one stock show for building portfolios. The software seems to be like at the given set of 90 variables in a universe of over 4,000 stocks. It is intended to narrow the universe of acceptable stocks under consideration by the use of an investor. It is not a risk-based portfolio builder like some robo-advisors.
Examples and Uses of Quadrix
Quadrix is used in-house by the use of Horizon Publishing to show stocks for customers, and it is available for subscribers to Horizon’s e-newsletter products. As mentioned above, it is not a risk-based portfolio builder, and it does no longer rely on Fashionable Portfolio Idea (MPT) to weight stocks or analysis risk as adversarial to return for the investor.
