August 20, 2020 – AlphaRank Top Stocks for August represents Accelerate’s predictive equity ranking according to its proprietary multi-factor model. Stocks with the highest AlphaRank are expected to outperform, while stocks with the lowest AlphaRank are expected to underperform.
AlphaRank assigns a numeric value to each stock from zero (bottom ranked) to 100 (top ranked) based on selected predictive factors. All Canadian and U.S. stocks priced above $1.50 per share and $100 million in market capitalization are evaluated.
Accelerate funds may be long many top-ranked stocks and short many bottom-ranked stocks in both the Accelerate Absolute Return Hedge Fund (TSX: HDGE) and the Accelerate Enhanced Canadian Benchmark Alternative Fund (TSX: ATSX). See AccelerateShares.com for more information.