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Relative-strength leaders (6m)
A stock enters the top tenth of the universe by 6-month return relative to the S&P 500.
Times fired
1866
2017-02-28 → 2026-08-14
Median 6-mo vs S&P 500
+0.4%
Beat the index
51%
lost 49% of the time
Same universe caveat as momentum: today's members, measured backward.
Full distribution, year by year, every event Gold
The spread behind the median, how it held up in each year, and each firing with its outcome — plus 1, 3 and 12-month horizons.
p25 / p75 spread
2022 hit rate
12-month median
Further reading
A base rate is not a prediction; past firings do not decide the next one. Educational analysis of published data — insight, not advice.