Tickback score
The 20 stocks with the highest Tickback score: quality, value and momentum together.
2023-04-03 to 2026-11-06, 100,000 SEK to 191,687 SEK, after 1,292 SEK in trading costs. On average 20.0 stocks held; the portfolio is turned over 2.8 times a year.
This strategy uses annual report figures, which our data has from 2023, so its results start then rather than ten years back.
How it works
Every quarter, buy the 20 liquid stocks with the highest Tickback score, in equal weight. The score ranks each stock in its market from 0 to 100 on quality (return on equity, profit margin, debt), value (P/E, P/B, EV/EBITDA, dividend yield) and momentum (the 12-month return, the 200-day average, the 52-week high), and averages the three.
The idea
Quality, value and momentum are three of the best documented sources of return in stock markets, and they tend to work at different times, so combining them gives a steadier ride than any one alone. The score needs annual reports, so its history here is short.
Equity (SEK)
Year by year
| Year | Tickback score | Benchmark | Difference |
|---|---|---|---|
| 2026 (part of year) | +16.1% | +1.7% | +14.4% |
| 2025 | +36.2% | +11.4% | +24.8% |
| 2024 | +15.1% | +9.7% | +5.4% |
| 2023 (part of year) | +5.4% | +4.1% | +1.3% |
Backtests are simulations on historical data, not investment advice. Past results don't guarantee future returns.