沪深300增强本周超额基准0.97%

Group 1: Davis Double-Click Strategy - The Davis Double-Click strategy involves buying stocks with low price-to-earnings (PE) ratios that have growth potential, selling them once growth is realized and PE increases, thus achieving a "double-click" effect on earnings per share (EPS) and PE [7][8] - Historical backtesting from 2010 to 2017 showed an annualized return of 26.45%, exceeding the benchmark by 21.08%, with stable excess returns over the years [8][10] - Year-to-date, the strategy has achieved an absolute return of 16.79%, outperforming the CSI 500 index by 13.55% [8][10] Group 2: Net Profit Discontinuity Strategy - The Net Profit Discontinuity strategy combines fundamental and technical analysis, focusing on stocks that exceed earnings expectations and show a significant upward price gap on the first trading day after earnings announcements [11][12] - Since 2010, this strategy has yielded an annualized return of 29.25%, with an annualized excess return of 27.44% [12][14] - The current year's cumulative absolute return is 28.58%, outperforming the benchmark index by 25.33% [14] Group 3: Enhanced CSI 300 Portfolio - The Enhanced CSI 300 portfolio is constructed based on investor preferences, including GARP (Growth at a Reasonable Price), growth, and value investing styles, aiming to identify undervalued stocks with strong profitability [16][18] - Historical backtesting indicates stable excess returns, with the current year's portfolio achieving a relative excess return of 14.50% against the CSI 300 index [18] - Year-to-date, the portfolio has generated an excess return of 0.97% this week [18]