Price and Earnings Momentum Score

The Price and Earnings Momentum Score combines the power of both technical and fundamental momentum signals to capture stocks that are not just trending in price but also backed by improving earnings expectations. This dual-layered approach helps identify high-conviction momentum opportunities that may persist over time.

We use a total of six metrics — three each from the Price Momentum Score and the Earnings Momentum Score — to compute this composite signal.

From the Price Momentum Score, we include:

1. 1-Year Return (excluding last 1 month) – A widely used academic measure of price momentum.
2. 6-Month Return – Captures medium-term price strength.
3. Price Distance from 52-Week High – Stocks closer to their 52-week highs tend to have stronger momentum (lower distance = better score).

From the Earnings Momentum Score, we include:

1. Last Quarter EPS Growth – YoY growth in net income for the latest available quarter.
2. EPS Surprise – Measures actual EPS vs. consensus estimates for the most recent quarter.
3. Earnings Upgrade (3M) – Change in forward EPS estimates over the last 3 months, capturing revisions in analyst expectations.

Each of these six metrics is individually scored between 0 and 100 using our standard scoring methodology. The combined set of metrics allows us to evaluate both price action and earnings sentiment in one unified framework.

The Price and Earnings Momentum Score is especially useful in filtering stocks where technical trends and earnings strength align — a setup often associated with sustained outperformance.