The Our Performance:   Decile vs S&P 500 Returns chart showing Series 1 series.

Welcome to Haugen Equity Signals LLC

Haugen Equity Signals produces quantitative investment research in the form of monthly expected returns and stock alphas for over 14,000 U.S. and international stocks to:

  • Commercial banks, hedge funds, mutual funds and other institutional managers.
  • Pension funds, insurance companies, foundations, endowments and family offices.

Our research is based on a proprietary suite of smart beta models that capitalize on the market's inefficiency. Analyzing more than 60 factors, the models predict ranking for stocks is the U.S., Europe, Japan, and Emerging Markets.

How accurate are our rankings? Haugen is ranked the #1 quantitative research firm at, a company that identifies the top research providers by tracking their historical performance.

The above chart shows the real-world performance of our U.S. predictions. What you see here is the cumulative result of investing $1 in each decile (10% of the stocks) over the last 20+ years, compared to $1 invested in the S&P 500 over the same time period.

Who was Bob Haugen?

CEO Bob Haugen, PhD was a pioneer in the field of quantitative investment and the leading proponent of the case that stock markets are inherently inefficient. Toward the end of his 30-year academic career in finance, in the mid-nineties, he published his breakthrough research on the predictive power of an expected return factor model in the Journal of Financial Economics..

Shortly thereafter, having enhanced and expanded his prototype, he opened Haugen Custom Financial Systems. Ever since, clients have capitalized on Haugen's out-of-the-box views and have been consistently rewarded with an investment edge for their clients.

He made guest appearances on CNBC, CNN, ABC, NBC and CBS. You can read Bob's research results, views and innovative ideas in any of his published books, articles, and presentations.