Using the DeepLists
Three lists, four ways to hold them, and what to expect along the way. The DeepLists are the published output of the DeepScore: a six-month momentum list, a twelve-month trend list and the overlap of the two. This guide describes how subscribers build positions from them and the behaviour to expect. It is not personal advice.
The three lists
| List | Built from | Character | Refreshed |
|---|---|---|---|
| Six-month momentum | The highest calibrated six-month probabilities that pass the guardrails | Faster rotation | With each run |
| Twelve-month trend | The highest twelve-month probabilities that pass the guardrails | More selective; durable trends and stronger balance sheets | With each run |
| High conviction | The intersection of the two after guardrails | Names strong on both horizons | With each run |
Four ways subscribers hold them
Core trend portfolio
Built from the twelve-month trend list. Ten to twenty positions at equal weight, which places 5% to 10% in each name. Reviewed quarterly or half-yearly, refreshing from the latest list.
Tactical momentum sleeve
Built from the six-month momentum list. Ten to twenty positions at equal weight within the sleeve. Reviewed monthly or quarterly, refreshing from the latest list.
High-conviction satellite
Five to ten positions from the high-conviction list at equal weight, which places 10% to 20% in each name within the satellite. Reviewed monthly, alongside a core holding.
A blend
A split across horizons, for example 60% to the twelve-month trend list and 40% to the six-month momentum list, with equal weights inside each sleeve and rebalancing on a schedule the investor sets.
What to expect
| Turnover | The lists rotate as leadership changes, and positions built from them turn over with them. |
|---|---|
| Drawdowns | Trend and momentum strategies lag in sharp reversals and in ranging markets. |
| False positives | A probability is not a certainty, and some high-scoring names underperform. |
| Benchmark awareness | Results are measured against the regional index, and periods of underperformance against it are part of the pattern. |
Practical notes
Equal weights avoid over-confidence in any one name. Diversification across sectors, and across the US, European and Asian lists where relevant, reduces concentration. Rebalancing on a fixed schedule avoids reacting to every move. Exit rules, such as a periodic refresh or a long-term moving-average break, are set by the investor; the lists do not enforce them.