Friday’s Major Stock Market Highlights

Disclaimer: The TIPRANKS smart score is based on backtested results, which do not guarantee future performance. These results showcase strategies that haven’t been previously offered to investors and may not represent actual returns that investors have achieved. Backtesting involves applying historical models retrospectively and relies on assumptions that may be untestable and could be influenced by various losses. Some general assumptions include the capability of XYZ companies to purchase the recommended securities and sufficient market liquidity for transactions. Alterations to these assumptions could substantially affect the backtested returns shown. Certain modeling assumptions are unlikely to be realized, and no guarantees are made regarding their validity. This information serves illustrative purposes only. Backtested performance benefits from hindsight and has inherent limitations. It does not account for actual transactions or the effects of significant economic and market factors on decision-making. Since transactions are hypothetical, effects from market factors like liquidity may lead to under- or over-compensation, thus not accurately reflecting real decision-making influences. Moreover, backtesting enables the adjustment of security selection methods until past returns peak. Actual results may substantially differ from backtested outcomes. The results are adjusted for dividends and reinvested income, while total costs have been presented, omitting reverse-tested transaction costs, management fees, performance fees, or related expenses. Regulatory requirements regarding fee presentations should be acknowledged. Furthermore, the calculation does not factor in cash balances or cash flows.