I have used these filters to identify stocks and trade in them.
Market Cap: More Than400Cr
Dividend Payout Ratio: 0% to 40%
Dividend yield: More Than3%
5Y Dividend Consistency - Rising or sustained dividend
My strategy is to buy the stocks that appear at .99% of the value and sell a 1.01%,
making a quick trade. I have backtested and it appears to be profitable. I started this strategy on Dec 1st, 2021, will plan to implement this strategy for
2 years, and will review it every 3 months. The aim of this strategy is to make a CAGR
of at least 15%.
I have 6 stocks that cost ₹59,595.
Value : ₹51,907
Dividend: ₹444
Realized Gain: ₹4,054
Unrealized Gain: ₹-7,688
Total Return: ₹ -3,190 | -29.0% p.a
Next review June 1st 2022
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