Question 1

What is the SPXIQ Score?

Accepted Answer

The SPXIQ Score is a proprietary composite metric (0-100) that evaluates stocks across multiple dimensions including analyst consensus strength, operational efficiency, valuation factors, and earnings consistency. The scoring algorithm is continuously refined based on backtesting and market conditions.

Question 2

What is the Market Neutral Portfolio Builder?

Accepted Answer

The Market Neutral Portfolio Builder generates systematic long-short portfolio ideas using SPXIQ scores. It selects the highest-scoring stocks for long positions and lowest-scoring for short positions, with sector-balanced allocation to minimize sector bias. Users can configure 5 or 10 positions per leg.

Question 3

How is Expected Upside calculated?

Accepted Answer

Expected Upside reflects the aggregate consensus view from Wall Street analysts, calculated as the percentage difference between the current stock price and the mean analyst price target. This metric captures the gap between market price and analyst expectations.

Question 4

How often is the data updated?

Accepted Answer

SPXIQ data is refreshed daily to capture the latest analyst revisions, price movements, and fundamental changes across all S&P 500 constituents.

Question 5

Is SPXIQ free to use?

Accepted Answer

Yes, SPXIQ is completely free. We provide institutional-grade S&P 500 analytics and portfolio construction tools at no cost to individual investors, financial advisors, and market researchers.

Question 6

What do the colors on the heatmap mean?

Accepted Answer

SPXIQ uses the Viridis color scale, which is colorblind-accessible. Colors range from purple (lower upside/scores) through teal to yellow (higher upside/scores). This allows quick visual identification of market opportunities.