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The Everest Formula is a quantitative value investing algorithm that seeks out good businesses when they are available at bargain prices. The algorithm is linked to an investing strategy (The Everest Strategy) that periodically rotates the best stocks computed by the formula. Backtest results have shown that the Everest Strategy is a winning strategy over the last 20+ years, returning an astounding 30%+ of average annual returns, even in periods when value stocks underperformed growth stocks.
2.9
16 reviews
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I followed the 3-stocks strategy for 3 years, exactly how they told to.
I don't know how they measure the returns, but it is not correct and good how they tell.
I did -3% return with dividends. Some stocks are too cyclical and the screener takes it as good ones on the top of the cycle.
I don't recommend It after real trying.
Just giving 2 stars because the service is very nice.
The stocks recommended are all high quality by most measures. I subscribed in July 2023 and since then the market has been trending lower as anyone can tell. Since then, the recommended stocks have been holding up better than the general market, so I have been doing better than the market, but nothing to get excited about. I expect that when the conditions become bullish again that the recommended stocks to be doing very well again.
I think the formula is interesting, but being a customer for just over a month I think it's too early to give an opinion, also considering that on the four shares I bought, according to the screener's ranking, I am currently losing 22% (!).
Reply from The Everest Formula
Hello Lonex and thank you for your feedback. As we outlined on the website, the Everest Strategy has volatile performance because it uses only few stocks, especially over the last month in which the stock market has crushed. Looking at the backtests, there are some years in which the Formula produced negative returns. But in the long run, it has produced amazing results. For this reason, it is important to keep the strategy for at least 2-3 years to appreciate its effectiveness, and not evaluate its effectiveness only after one month. The formula is not intended for short term traders.
Regards,
The Everest Team.
Has already paid for itself many times over. I love seeing my portfolio outperforming benchmarks whether the market is green or red that day. Will continue to trust and use the formula and adding more capital weekly.
Very interesting formula, user friendly interface.
To be tried!
I'm not an expert in finance and barely have some financial knowledge. It's hard for me to understand all the details about the formula. Nevertheless, as far as I'm concerned, it's been super easy to follow and apply the formula, and geez, the gains have been unexpectedly high! Can definitely recommend it.
I am not using the formula itself, but rather the analyzer to track down potentially undervalued stocks. It's worked about 80% of the time up until now, whereby I made considerable gains. I can really recommend it.
I have carefully invested a little sum in the strategy, but I’m regretting it because it really performed well in the first part of the year. Now I’m planning to invest a lump sum on it every month. The strategy is very easy to follow but you need a good broker, otherwise the spread or the cost of the operations might erode your gains.
The product is well designed, insightful and easy to use. I found the screener function particularly useful as a tool to streamline the investment process, and I would definitively suggest it to any investor that wants to make value-driven decisions.
I purchased a basic membership to find some good quality companies to invest in. So far the top 10 stocks that they suggested provide me a good return. The support team is kind and responsive
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