策略化选股月报（2026/03）：科创策略、情绪价量策略收益显著，3月推荐电子机械股-20260304

Group 1 - The report highlights the significant performance of multi-strategy stock selection strategies, with a focus on value stocks, which accounted for approximately 45.35% of the weight in March 2026, while growth stock strategies had the lowest weight at about 7.63% [2][21] - In February 2026, the absolute return of the multi-strategy stock selection strategy was 1.25%, with a relative excess return of -0.96% compared to the CSI All Share Index [2][30] - The report indicates that the "Dividend+" preferred stock strategy had an absolute return of 0.90% in February 2026, with a relative excess return of -1.30% compared to the CSI All Share Index [5][20] Group 2 - The "Extreme Style High BETA" stock selection strategy had the highest weight in large-cap value stocks at 50.00%, while the weight in small-cap growth stocks was the lowest at 14.48% [4][48] - In February 2026, the absolute return of the "Extreme Style High BETA" strategy was -0.44%, with a relative excess return of -2.61% compared to the CSI All Share Index [4][30] - The report notes that the sentiment price-volume strategy achieved an absolute return of 6.91% in February 2026, with a relative excess return of 4.58% compared to the CSI All Share Index [6][18] Group 3 - The report states that the Sci-Tech Innovation Board strategy had an absolute return of 5.92% in February 2026, with a relative excess return of 7.44% compared to the Sci-Tech 50 Index [7][20] - The strategy's performance since the beginning of 2026 has been strong, with an absolute return of 19.17% and a relative excess return of 7.65% compared to the Sci-Tech 50 Index [7][20] - The report emphasizes that the sentiment score improved to 0.43 by February 27, 2026, indicating a recovery in market sentiment [6][18]