Model Portfolio Street Consensus:
The portfolio's goal is to outperform the S&P 500 ($SPX) in Total Return, while maintaining lower volatility. The Analyst Consensus portfolio is based on Analyst Consensus recommendations, Fundamental and Technical factors. The portfolio scans securities from the S&P 500 universe.
Here is how the Model Portfolio is traded: Every day we scan the S&P 500 for constituents that match the selection criteria. The selected constituents are ordered by Average True Range Rank in Descending Order As long as there is cash available we allocate the available cash among the selected constituents equally. We hold for either 21 days (one trading month) or until the stop conditions are met A stop loss condition applies when the ATR (average true range) crosses above 2.50x of the normal volatility (averaged across the past 21 days). A stop gain condition applies when the ATR (average true range) crosses above 3x of the normal volatility (averaged across the past 21 days). Transaction cost and slippage are considered