Each category delivers its own partial score from 0 to 100. The individual
categories flow into the overall score with their respective weighting.
1 · Star investor score
What the big professionals hold. Based on the
quarterly 13F filings of selected institutional investors.
The score combines how much capital they have invested in a stock
and whether they are building up or reducing their position. Around
USD 10 billion in assets under management is considered a very strong signal.
In risk-tolerant market phases, growth-oriented investors count more,
in defensive phases value investors. If filings are missing, the building block
remains neutral — not negative.
2 · Directors & officers score
What executives and major shareholders do. We consider
reported purchases and sales of the last 90 days from the USA, Germany,
the United Kingdom, France, Switzerland, and Austria.
Purchases count as a positive signal, weighted by purchase volume.
Sales are not automatically negative. What matters is whether more or less
is sold than is usual for the company — adjusted for price changes.
A pattern of unusually high sales activity counts as a negative signal.
3 · Politician score
What members of the US Congress trade. US senators
and representatives have insider knowledge of upcoming legislative
initiatives that can significantly influence stock prices.
Based on disclosures of the last 90 days. The balance
of purchases and sales is evaluated as a positive or negative signal.
4 · Estimate score
How the company performs. Based on analyst estimates
from renowned banks and research institutes. We use the latest
KPI estimates for the next two fiscal years, compared with the
industry average. This lets us identify early on companies with the
potential to outperform their peer group.
- Outperformance: expected revenue growth and expected EBITDA margin versus the industry.
- Efficiency: expected return on equity and how efficiently debt is used for growth.
- Confidence: number and agreement of analyst estimates. If there is great disagreement among analysts, this score turns out worse.
5 · Analyst score
What analysts expect. We look at the price targets
published by analysts and the sentiment for the respective company.
The better the sentiment, the stronger this score.
- Price target: fair valuation projected by analysts within a calendar year.
- Sentiment: sum of analyst sentiment assessments (positive, neutral or negative).
- Confidence: the clearer the sentiment picture, the better. A diffuse sentiment picture leads to a lower score.
6 · Employee score
What the workforce says. Based on published
employee ratings of management, the CEO, and the business outlook —
not the overall rating.
With a small number of ratings, the signal is dampened,
so that the score is not driven by individual opinions.
It takes full effect from around 100 ratings.
