October 2021 Factor Investing Picks👌

October 2021 Factor Investing Picks👌
We’re excited to share with you our October 2021 factor investing picks!

Top Picks📈


Top Picks Additions & Removals🔄
CIRA maintained its top position in October’s Top Picks. ORWE came in second after jumping up five positions from September to October’s Top Picks. ADIB, OLFI, SAUD, & MIPH all saw minor position reshuffles, but all stayed within the Top Ten Picks. October’s top ten picks saw the removal of DTPP, ETEL, COMI, & JUFO – after it finally released its 2020 financial results. The four stocks that replaced them are FWRY, EKHO, MICH, & SPMD.
Bottom Picks📉

4-Months Factor Investing Performance🔥
We tracked the performance of the companies that were included in our past four months’ picks and the results were great. If you had invested equally in the past four months’ top picks, you would have made a 10.51% return vs a 2.70% (almost four times) return on the EGX 30.

Summary of Factors used📖
General Factors🏢

Additional Factors for banks🏛️

It is important to note that fundamental factors explain returns over a long investment horizon. Speculative stocks, in contrast, may significantly outperform fundamentally solid stocks in the short term despite the absence of any understandable catalysts.