DEFINITION of Quadrix
Quadrix is a stock valuation system that uses over 90 variables in seven major categories to determine the value of a stock. The Quadrix system is produced and maintained by Horizon Publishing Company. The seven major categories are momentum, quality, value, financial strength, earnings estimates, performance, and volume metrics. The overall score for a particular stock is determined by a weighted average of all 90 variables. Quadrix began publishing scores for stocks in the year 2000.
BREAKING DOWN Quadrix
Quadrix is a stock evaluation tool that rates stocks based on variable scores that fall into one of seven categories. The seven categories of variables used in Quadrix are momentum, quality, value, financial strength, forecasted earnings, performance, and volume. The Quadrix system can also be used as a tool for tracking industry group performance.