European bank deep value: 0.5-0.8x book, 4-7% yield, rate normalization
UK & European Banking Value
| Symbol | Action | Vol | Stop Loss | Take Profit | Size | Links |
|---|---|---|---|---|---|---|
| NWG | BUY | 32% | 22.6% below entry | 18.5% above entry | 10.2% | TVYH |
| DB | BUY | 35% | 24.7% below entry | 20.2% above entry | 9.3% | TVYH |
| LYG | BUY | 30% | 21.0% below entry | 17.1% above entry | 11.0% | TVYH |
| ING | BUY | 27% | 18.8% below entry | 15.4% above entry | 12.2% | TVYH |
| BNPQF | BUY | 41% | 28.8% below entry | 23.5% above entry | 8.0% | TVYH |
This strategy has moderate long-term potential but requires monitoring. - Take profit: Rebalance when any position exceeds 2x its target weight. Trim back to target, redeploy to underweight positions. - Stop loss: NO price-based stop loss. This strategy recovered from -51% drawdown to return 70% long-term. - Exit rule: Review annually. Exit if strategy underperforms its benchmark for 3 consecutive years.