Stock-level signals use peer-percentile scoring within each market-cap bucket. Scores and labels update monthly from AMC portfolio disclosures.
Conviction Score (0–100)
Ranks how active a stock was vs other stocks in the same cap bucket this month. It is a relative rank — not a buy/sell recommendation.
- 90–100 — among the most active names in the bucket
- 75–89 — well above average activity
- 50–74 — moderate activity vs peers
- 25–49 — below-average activity
- 0–24 — near the bottom of the bucket
Six score factors
Each factor earns points vs the category leader that month. Points sum to the final score (max 100).
| Factor | Max pts | What it measures |
| Net Weight Change | 35 | Aggregate month-on-month portfolio weight change across all funds holding the stock |
| Net Buying Funds | 20 | (Increased + fresh entries) − (reduced + complete exits); only when net flow is positive |
| Fresh Entries | 15 | Funds that newly initiated a position this month |
| Complete Exits | 10 | Fewer full sell-outs = more points (inverted vs bucket leader) |
| AMC Breadth | 10 | Distinct AMCs buying; rewards broad participation |
| Trend Consistency | 10 | Consecutive months where every holder increased portfolio weight |
Activity counts
Shown in the stock detail view and used to determine signal direction:
- Funds holding — schemes with a position after the month
- Increased / Reduced — existing holders who raised or trimmed weight
- Fresh entries — new positions started this month
- Complete exits — funds that sold out entirely
- Net buying — increased + fresh − reduced − exits
- Net weight MoM — combined % change in portfolio weight
- AMCs buying — distinct asset managers with buy-side activity
Smart Money Signal labels
Direction comes from net fund flow first; score sets intensity within that direction.
When funds are net buyers
- 🚀 Aggressive Accumulation — score 90+
- 🟢 Strong Accumulation — score 75–89
- 🟡 Moderate Accumulation — score 50–74
- 🔵 Light Accumulation — score < 50
When funds are net sellers
- 🔴 Strong Distribution — score 75+ or < 25
- 🟠 Distribution — score 50–74
- 🟠 Light Distribution — score 25–49
⚪ Neutral — mixed or flat activity (net flow and weight change both near zero).
Institutional Confidence (stars)
Based on how many AMCs hold the stock — breadth of institutional coverage:
- ★★★★★ Very High — 20+ AMCs
- ★★★★☆ High — 15–19 AMCs
- ★★★☆☆ Medium — 10–14 AMCs
- ★★☆☆☆ Low — 5–9 AMCs
- ★☆☆☆☆ Very Low — fewer than 5 AMCs
Quick read: Score = how loud vs peers · Signal = buying or selling + how strong · Activity counts = what actually happened.