Stable Revenue and ROCE Stream - Software and Services stock model tracks stock related to software and services industry.
Selection Process
A backtested stock selection model has been used to select underlying stocks. Stock model analyze stocks where 5Y Avg ROCE is above 11%, market cap is greater than 500 and revenue for last 5 year is growth trend and beating estimates YOY. Also model also consider that business earning is not coming in purely from raised equity, but 5Y avg trend should show that business is continuously earning revenue on capital employed as well.
Going by performance of the stock model as compared to Nifty it has given upto 190% returns till date.
Current stocks in model are:
NSE:MASTEK
NSE:KELLTONTEC
NSE:LTI
NSE:ROUTE
NSE:SONATSOFTW
NSE:HCLTECH
BSE:ASMTEC
Supertrend 10 and 2.5 could be used as entry and exit point in stock mode.
Selection Process
A backtested stock selection model has been used to select underlying stocks. Stock model analyze stocks where 5Y Avg ROCE is above 11%, market cap is greater than 500 and revenue for last 5 year is growth trend and beating estimates YOY. Also model also consider that business earning is not coming in purely from raised equity, but 5Y avg trend should show that business is continuously earning revenue on capital employed as well.
Going by performance of the stock model as compared to Nifty it has given upto 190% returns till date.
Current stocks in model are:
NSE:MASTEK
NSE:KELLTONTEC
NSE:LTI
NSE:ROUTE
NSE:SONATSOFTW
NSE:HCLTECH
BSE:ASMTEC
Supertrend 10 and 2.5 could be used as entry and exit point in stock mode.