The HedgeMind Rating
is the consensus opinion that hedge funds expressed through their latest stock trades. It combines all HedgeMind’s key metrics and proprietary indicators into four easy to understand stock ratings: Top Pick, Accumulate, Neutral, and Reduce. The HedgeMind Rating also includes the stock price as an important factor in determining the rating for a stock.
Not all stocks are rated by HedgeMind. Only stocks that have five or more hedge fund owners will be rated based the HedgeMind Rating System. Approximately 1000 stocks each quarter meet this criteria out of roughly 4400 stocks that have at least one hedge fund holder.
The HedgeMind Rating is updated quarterly after 13F holding data is reported by hedge funds. But it may also be updated whenever significant hedge fund trades are disclosed in 13D/G filings or stock’s price has experienced dramatic change that may affect the rating calculations significantly.