PQNT0.300%
as of Jul 21
6988
DefensiveNITTO DENKO CORP /JPY/
Close · 3M
-1.55%
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
The recent pattern for Nitto Denko in PQNT reveals a consecutive, measured reduction in weighting from 0.34% to 0.30% across two days in July 2026, occurring while the stock trades at $19.84, placing it at 96% of its 52-week high. This precise adjustment by Pictet Asset Management's AI-managed ETF, which combines AI signals with factor exposures, likely reflects the AI's valuation and sentiment models identifying the share price near its yearly peak as a trigger for moderation. Given PQNT’s broad ex-US developed-market style and its periodic rebalancing, this specific trimming of a Japanese materials sector stock, despite its positive 30-day return of +2.3%, indicates the AI system is weighing factors such as current valuation more heavily than recent short-term price appreciation for this particular holding. Such a calibrated response to a developed-international stock approaching its range ceiling underscores the fund’s distinct method of integrating quantitative signals to manage portfolio risk and optimize factor exposures rather than chasing short-term upward momentum.
weight 0.340% → 0.300% (-0.040 pp)·stock up 3.9% in the 30 days before
Jul 19·entry 19.84·now 19.84
0.00%
since Jul 19
Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.