超预期股票精选策略跟踪周报-20251117

Group 1 - The core viewpoint of the report highlights the performance of active quantitative funds, with a median return of 0.17% for the week of November 10-14, 2025, compared to -1.08% for the CSI 300 Index and -0.47% for the Wind All A Index. Year-to-date, the median return for active quantitative funds stands at 27.63%, outperforming the CSI 300 Index at 17.62% and the Wind All A Index at 26.58% [3][8][6] - The report indicates that the top-performing active quantitative funds for the year have returns ranging from 61% to 120%, with a concentration in the electronics and machinery sectors. Conversely, the bottom-performing funds have returns between 1% and 3%, primarily concentrated in the food and beverage sector [11][12][6] - The "Exceeding Expectations Stock Selection Strategy" is constructed based on two indicators: net profit exceeding expectations and analyst expectations. The strategy combines the top 50 stocks based on analyst expectations and the top 50-100 stocks based on year-on-year net profit exceeding expectations to form a final stock pool [5][15][16] Group 2 - The report details that the selected stocks for November 2025 include 30 stocks, with a significant concentration in the machinery sector. The highest return for the month was achieved by Joyoung Co., Ltd. (002242.SZ), with a return of 26.51% in the household appliances sector [21][26] - The performance of the selected strategy for the week of November 10-14, 2025, was 0.75%, exceeding the benchmark index (Wind All A Index) by 1.22%. For the month, the strategy's return was 0.89%, outperforming the benchmark by 0.74%. Year-to-date, the strategy has achieved a return of 47.42%, surpassing the benchmark by 20.84% [17][18][20]