Optimization Strategybaseline
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Baseline

Track disclosed holdings with the standard reporting lag and no active reweighting.

AI Summary

Highly concentrated three-stock portfolio with strong long-run returns and alpha, but very high volatility and deep drawdowns.

Annualized Return
22.80%
Annualized return
Alpha
20.62%
Active return
Sharpe
0.65
Risk-adjusted return
Beta
0.68
Market sensitivity
Max Drawdown
-65.68%
Maximum drawdown
Top 5
100.00%
Top-5 concentration
Top 10
100.00%
Top-10 concentration
Top 20
100.00%
Top-20 concentration

Portfolio Snapshot

Current optimized weights for the selected default session.

SymbolNameSectorWeightDiff
MOHMolina Healthcare, Inc.Health Care39.11%0
LULUlululemon athletica inc.Consumer Discretionary37.47%0
SLMSLM CorporationFinancials23.42%0

Sector Exposure

  • Health Care39.11%
  • Consumer Discretionary37.47%
  • Financials23.42%

Weight Changes

Notable position adjustments in the latest snapshot.

No weight changes vs original.

Performance vs Benchmark

Strategy NAV vs benchmark — hover for exact values.

BaselineBenchmark

Alpha Trend

Excess return vs benchmark over time.

Alpha (positive)Alpha (negative)

Drawdown Trend

Underwater curve and peak drawdown marker.

Max DD: -65.68%(Feb 21)

Turnover Trend

Per-period turnover with average reference.

Avg turnover: 103.73Peak: 189.13

Strategy Comparison

All four default strategies side-by-side.

StrategyAnnualizedAlphaSharpeMax DD
Baseline22.80%20.62%0.65-65.68%
Momentum Screen9.68%14.59%0.43-80.50%
Basic Value Screen6.99%16.78%0.42-86.78%
Combo Equal Screen15.76%5.46%0.61-46.57%

Recent Periods

Per-period performance vs benchmark.

PeriodStrategyBenchmarkExcessTurnoverTrades
2023-03-3111.89%7.90%+3.98108.4519
2023-06-30-4.43%-1.77%-2.66125.8225
2023-09-300.24%10.11%-9.87114.6416
2023-12-315.77%4.96%+0.8185.2816
2024-03-31-4.84%2.31%-7.1574.5718
2024-06-305.96%9.83%-3.8696.8411
2024-09-3013.56%2.76%+10.8024.975
2024-12-31-2.41%-3.63%+1.2258.538
2025-03-3149.73%9.22%+40.52164.368
2025-06-301.35%4.20%-2.85138.765
2025-09-30-2.64%1.46%-4.10146.087
2025-12-313.09%9.57%-6.478.773

Strategy Q&A

Pre-generated questions and answers about this strategy.

  • baseline13FChat AI

    Which holdings or sectors dominate the baseline risk profile?

    Concentration is the first item to inspect: top 5 100.00%, top 10 100.00%, top 20 100.00%. The largest names are MOH (Molina Healthcare, Inc.) 39.11%, LULU (lululemon athletica inc.) 37.47%, and SLM 23.42%, and the largest sector exposures are Health Care 39.11%, Consumer Discretionary 37.47%, and Financials 23.42%. If those exposures reverse, baseline performance can diverge sharply from a broad index.

    strategyViews.baseline.concentrationstrategyViews.baseline.sectorWeights

    Show the top holdings, sector weights, and concentration metrics for the latest disclosed period.

  • baseline13FChat AI

    Which recent periods best explain the baseline risk-return trade-off?

    The strongest recent period was 2025-03-31 (49.73% strategy return, 9.22% benchmark, 40.52% excess, 164.36% turnover), while the weakest was 2023-09-30 (0.24% strategy return, 10.11% benchmark, -9.87% excess, 114.64% turnover). Those periods should be read alongside baseline metrics of return 22.80%, alpha 20.62%, beta 0.68, Sharpe 0.65, Sortino 0.92, and max drawdown -65.68% to judge whether returns came from persistent exposure or a narrow timing window.

    strategyViews.baseline.periodPerformancestrategyViews.baseline.metrics

    Show the worst drawdown windows and the top holdings active during those periods.

  • baseline13FChat AI

    What does directly following Scion Asset Management, LLC expose an investor to as of 2026-03-31?

    The baseline is a direct read-through of the disclosed fund portfolio. It is led by MOH (Molina Healthcare, Inc.) 39.11%, LULU (lululemon athletica inc.) 37.47%, and SLM 23.42%, with sector exposure of Health Care 39.11%, Consumer Discretionary 37.47%, and Financials 23.42%. The baseline metrics show return 22.80%, alpha 20.62%, beta 0.68, Sharpe 0.65, Sortino 0.92, and max drawdown -65.68%, so this should be treated as an equity exposure with its own concentration and timing risk rather than a neutral benchmark clone.

    fund.holdingsAsOfstrategyViews.baseline.topHoldingsstrategyViews.baseline.metrics

    Compare the baseline holdings with the benchmark sector weights and identify the largest active risks.

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