QTEC/RSP Tech-Leadership Z-Score
QTEC/RSP z-score at +1.82σ — leadership in its normal range
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Nasdaq-100 tech (QTEC) vs the equal-weight S&P (RSP) as a ratio z-score — how stretched tech leadership is vs the average stock. A high z is the "box breakout" regime; the band table shows whether each extreme kept trending or mean-reverted.
- 0 signals since 2006-01-01.
- QTEC/RSP z-score at +1.82σ — leadership in its normal range
QTEC/RSP z
+1.82σ
+1..+2σ
QTEC/RSP ratio
1.5678
Nasdaq-100 tech / EW S&P
Top-band QTEC 1Y Med
+25.0%
79% win
Top-band ratio 1Y Med
+2.6%
leadership continues
When to run this study
Run any time. Tracks how stretched Nasdaq-100 tech leadership is vs the average stock (equal-weight S&P) via the QTEC/RSP ratio z-score. A high positive z = leadership extended (the "box breakout" regime); a low negative z = tech washed out vs the broad market. The band table shows whether each extreme historically kept trending or mean-reverted.
Historical results
Forward RATIO (leadership continuation) returns by QTEC/RSP z-band
| QTEC/RSP z-band | N (days) | 1M Win% | 1M Med | 3M Win% | 3M Med | 6M Win% | 6M Med | 1Y Win% | 1Y Med |
|---|---|---|---|---|---|---|---|---|---|
| <=-2σ | 135 | 71.10 | 2.11 | 71.10 | 3.26 | 45.90 | -1.27 | 50.40 | 0.47 |
| -2..-1σ | 784 | 51.40 | 0.13 | 59.20 | 1.65 | 65.70 | 3.95 | 71.30 | 8.68 |
| -1..+1σ | 2030 | 58.40 | 0.56 | 55.30 | 0.57 | 63.80 | 2.55 | 69 | 4.30 |
| +1..+2σ | 1491 | 56.70 | 0.62 | 63.20 | 1.57 | 62 | 2.91 | 61.60 | 2.21 |
| >=+2σ | 549 | 45 | -0.52 | 46.30 | -0.33 | 57.20 | 1.06 | 57.70 | 2.59 |