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MarketQuants Glossary

This glossary explains terminology and metrics used within the MarketQuants platform.

Scores & Ratings​

Composite Score​

A signed ranking metric (positive, zero, or negative) that measures short-term price behavior relative to recent historical levels.

  • Higher values indicate stronger short-term price separation relative to recent averages.
  • The metric is used to order securities on the Leaderboard.
  • It is not a 0–100 score and does not combine fundamental data.

Diamond Score​

A structural metric evaluating price behavior across multiple timeframes (5d, 20d, 50d, 200d).

  • Displayed visually as up to 10 indicators.

Efficiency Score​

A portfolio metric that measures the concentration of meaningful positions relative to total holdings.

  • Calculation: (Meaningful Positions / Total Positions) × 100.

Portfolio Classifications​

These classifications describe portfolio structure based on the number of positions held.

They are informational only and do not constitute investment advice.

Undecided​

0 positions.

Speculative​

3–8 positions, typically limited diversification.

Concentrated​

9–17 positions across multiple sectors.

Diversified​

18–35 positions across multiple sectors.

Losing Focus​

36–44 positions.

Overbuilt​

45+ positions.

These labels describe structural characteristics only.

Conviction Score​

An internal system metric reflecting trend validation strength based on predefined quantitative rules.

Interface Elements​

The Beacon​

A toggle allowing users to switch between simulated trading mode and connected brokerage mode.

The Shells​

Visual indicators representing:

  1. Equity value
  2. Available cash
  3. Total account balance

Values reflect data retrieved from connected brokerage accounts where applicable.

Leaderboard Tile​

Displays ranking information for a stock, including price, Diamond Score, Rank in SPY, sector rank, optional 1-Year High, and Short Term / Long Term signals.

Position on the tile is Long, Flat, or Short based on whether you currently hold the security.

Trading Terminology​

These terms describe common trading concepts referenced within the platform.

Meaningful Position​

A position size significant enough to influence portfolio performance metrics.

Pilot Position​

An initial, smaller allocation to a security.

Scale In​

Increasing position size after an initial allocation.

Trim​

Reducing a portion of an existing position.

Market Context​

S&P 500 Universe​

The group of approximately 500 large U.S. companies used as the platform’s primary ranking universe.

Sector Rotation​

Capital movement between industry groups, which may influence relative performance metrics.