PQNT0.120%
as of Jul 21
6594
DefensiveNIDEC CORP /JPY/
Close · 3M
+1.67%
Held by 1 AI ETF
Signal performance
Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.
PQNT · Weight decrease · 2d
NIDEC CORP (6594) saw its allocation in Pictet Asset Management’s PQNT ETF decrease from 0.2500% on May 15th to 0.1800% on May 16th, and further to 0.1700% on May 17th, marking a consecutive downtrend within the fund's holdings. This adjustment reflects the AI overlay's periodic rebalancing, which evaluates developed-international stocks like NIDEC using a combination of factor exposures including fundamentals, momentum, valuation, and sentiment. The AI's models for PQNT likely registered a shift in NIDEC's attractiveness around May 16th, potentially a change in momentum signals or a revised valuation perspective, triggering the reduction in this Japanese Industrials stock. Such a move aligns the ex-US developed-market portfolio with the AI's current assessment, ensuring the fund's exposure to NIDEC reflects its continuously evolving factor profile.
weight 0.250% → 0.170% (-0.080 pp)
May 17·entry 16.22·now 15.28
-5.81%
since May 17
Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.