QuantAI Advisors
Quality Screener (QMJ)
Find high-quality stocks using the Quality-Minus-Junk (QMJ) approach
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Screening Results
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Top Stocks
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Selected stocks
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Quality Components
Selected Stocks
Ranked by quality score
| Rank | Symbol | Name | Exchange | Market Cap (M) |
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About Quality-Minus-Junk (QMJ) Strategy
The Quality-Minus-Junk (QMJ) strategy is a factor-based investment approach that focuses on identifying high-quality companies with robust fundamentals, while avoiding low-quality ("junk") stocks.
Quality Components:
- Profitability: Metrics such as Return on Equity (ROE), Return on Assets (ROA), and Return on Invested Capital (ROIC)
- Growth: Consistently growing revenue, earnings, and cash flows
- Safety: Low debt levels, stable earnings, high liquidity, and strong balance sheets
- Payout: Dividends and share repurchases that return capital to shareholders
Why QMJ Works:
- Quality companies have demonstrated greater resilience during market downturns
- Historically, high-quality stocks have delivered better risk-adjusted returns
- The strategy provides exposure to companies with sustainable competitive advantages
This screener implements the QMJ approach pioneered by researchers at AQR Capital Management, focusing on the four key quality components to identify high-quality stocks for potential investment.