| Year | Strat | MCFTR | Δ |
|---|---|---|---|
| 2026 | -8.5% | +6.5% | -15.0% |
RU banks and financials ranked by our own potential model — the same upside shown on each company page (normalised earnings power against a fair price-to-book), with a governance adjustment. Only positive-potential names qualify; the top of the ranking is held equal-weighted and refreshed as the potentials update. The score column is each name modelled upside; the weight is simply equal (1/N) across the book.
| Period | Strategy | MCFTR | vs index |
|---|---|---|---|
| Day | -0.0% | +0.8% | -0.8% |
| Week | +0.3% | +1.6% | -1.4% |
| Month | +7.6% | +11.3% | -3.7% |
| YTD | -8.5% | +6.5% | -15.0% |
| Holding | Weight | Day | potential |
|---|---|---|---|
| SVCB modelled upside +37% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 16.5% | +0.0% | 37% |
| SBER modelled upside +33% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 14.5% | -0.0% | 33% |
| T modelled upside +32% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 14.2% | +0.0% | 32% |
| VTBR modelled upside +31% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 13.8% | +0.0% | 31% |
| MBNK modelled upside +30% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 13.4% | -0.1% | 30% |
| BSPB modelled upside +23% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 10.2% | -0.0% | 23% |
| DOMRF modelled upside +20% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 8.7% | +0.0% | 20% |
| MOEX modelled upside +20% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 8.7% | +0.1% | 20% |
| Rebalance | Signal | Holding | Price (RUB) | Weight | Result |
|---|---|---|---|---|---|
| 28 Sep 2026 | Buy | DOMRF DOM.RF modelled upside +20% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 2 025 | 8.7% | — |
| Sell | ZAYM Zaymer dropped out of the top ranking (entry score was 14%) | 126.95 | — | -1.3% | |
| 16 Sep 2026 | Buy | ZAYM Zaymer modelled upside +14% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 128.60 | 7.9% | — |
| Buy | BSPB Bank Sankt-Peterburg modelled upside +14% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 251.41 | 7.6% | — | |
| Sell | DOMRF DOM.RF dropped out of the top ranking (entry score was 26%) | 2 122 | — | -3.6% | |
| 9 Sep 2026 | Sell | MGKL Mosgorlombard dropped out of the top ranking (entry score was 23%) | 1.964 | — | -9.1% |
| 31 Aug 2026 | Buy | SVCB Sovcombank modelled upside +50% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 10.06 | 20.2% | — |
| Buy | MOEX modelled upside +19% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 153.01 | 7.6% | — | |
| Sell | ZAYM Zaymer dropped out of the top ranking (entry score was 13%) | 136.30 | — | +0.8% | |
| Sell | LEAS Europlan dropped out of the top ranking (entry score was 12%) | 669.10 | — | -0.2% | |
| 28 Aug 2026 | Buy | LEAS Europlan modelled upside +12% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 670.70 | 7.2% | — |
| Sell | MOEX dropped out of the top ranking (entry score was 17%) | 150.52 | — | -0.4% | |
| 27 Aug 2026 | Buy | ZAYM Zaymer modelled upside +13% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 135.25 | 7.2% | — |
| Sell | BSPB Bank Sankt-Peterburg dropped out of the top ranking (entry score was 16%) | 236.30 | — | -20.5% | |
| 24 Aug 2026 | Buy | MOEX modelled upside +17% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 151.17 | 10.1% | — |
| Buy | MGKL Mosgorlombard modelled upside +13% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 2.16 | 7.8% | — | |
| Sell | SVCB Sovcombank dropped out of the top ranking (entry score was 49%) | 9.735 | — | -4.6% | |
| Sell | RENI Renessans dropped out of the top ranking (entry score was 23%) | 67.32 | — | -20.4% | |
| 19 Aug 2026 | Buy | SVCB Sovcombank modelled upside +49% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 10.21 | 22.9% | — |
| Sell | MOEX dropped out of the top ranking (entry score was 17%) | 155.68 | — | +3.5% | |
| 17 Aug 2026 | Buy | MOEX modelled upside +17% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 150.39 | 9.4% | — |
| Sell | SVCB Sovcombank dropped out of the top ranking (entry score was 77%) | 9.94 | — | -10.7% | |
| 13 Aug 2026 | Buy | T TBank modelled upside +20% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 264.90 | 8.8% | — |
| Sell | MOEX dropped out of the top ranking (entry score was 17%) | 153.15 | — | -2.5% | |
| 31 Jul 2026 | Buy | MOEX modelled upside +17% (our bank model: normalised earnings power vs a fair price-to-book); weight proportional to potential, capped at 2x equal. | 157.11 | 8.0% | — |
| Sell | SFIN SFI Holding dropped out of the top ranking (entry score was 61%) | 486.60 | — | +10.9% | |
| 11 Jul 2026 | Buy | SFIN SFI Holding modelled upside +61% (our bank model: normalised earnings power vs a fair price-to-book); equal weight 12.5%. | 438.80 | 12.5% | — |
| Sell | T TBank dropped out of the top ranking (entry score was 18%) | 248.30 | — | -6.7% |
Prices are the frozen close on the signal date — the price at which the live model portfolio starts (buy) or stops (sell) holding the position. Sell result is the price change from the position's own buy signal, dividends not included.