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Backtest: does a higher score predict better returns?

A demo-scale validation over a small basket of tickers and one lookback window -- not a rigorous research backtest, and not investment advice.

Each ticker is scored using only fundamentals that were actually filed with the SEC on or before 2025-08-23, 1 year(s) back, so nothing leaks in from the future. That score is then held up against the real price return from that date to today.

12/12
Tickers scored
-0.325
Score ↔ Return Correlation
TickerScore (2025-08-23)Price ThenPrice NowForward Return
AAPL 42.1 $226.92 $309.35 36.32%
MSFT 48.8 $503.09 $483.24 -3.95%
GOOGL 59.4 $205.5 $344.82 67.79%
AMZN 37.2 $228.84 $258.63 13.02%
META 59.5 $752.32 $549.9 -26.91%
JPM 40.9 $290.68 $351.58 20.95%
KO 51.5 $68.2 $91.1 33.58%
WMT 32.6 $96.02 $103.7 8.0%
XOM 65.7 $108.15 $165.11 52.67%
JNJ 46.9 $174.92 $270.24 54.49%
DIS 52.6 $117.16 $107.78 -8.01%
INTC 33.2 $24.8 $90.07 263.19%