Guru Screener: Richard Driehaus Momentum Strategy

Example Number 8: Richard Driehaus Momentum Strategy

Category: Guru Screeners

Famed for his "buy high and sell higher" strategy, Richard Driehaus is one of the top favorite Gurus.

His strategy focuses on factors like momentum, RSI, moving averages, and EPS. His approach suits risk-tolerant investors who want to chase high-momentum stocks.

Let’s see what parameters were set for building this screen.

How to Build This Screen

Perhaps a screen with the most set of rules and that’s no surprise since Richard focuses on a lot of different parameters. Interested in seeing how the strategy faired?

If you’re thinking ‘Buying High’ can mean lesser profits, prepare for some shock and some more shock!

Backtest Results

As we see, the screen struggled in the initial days, but paid off pretty well for the patient ones. Let’s now see examples of our last category, Smart Beta Screeners.