If you simply choose to pick stocks from Quintile 1, you will outperform the universe approximately what percent of time? A) 50% B) 40% C) 30%

Factor 1
	Universe	Standard			% >
	Return	Deviation		% > Up	Down		% Total	Avg.			IC
	Return	Return Dispersion	PHR	UPHR	DPHR	Hit Rate	Turnover	MCap	Beta	IC	T-Stat
Universe	0.92	4.47				48.88	6.22	8,005	1.00	0.01	0.43
Q1	1.41	6.33	57.56	67.97	40.26	50.23	48.33	6,610	1.14	0.01	0.15
Q2	0.83	4.06	48.29	36.72	67.53	48.50	92.22	8,857	0.84	0.00	0.00
Q3	0.90	3.76	48.78	32.81	75.32	48.62	104.50	8,960	0.80	-0.01	-0.10
Q4	0.88	4.35	52.68	42.19	70.13	49.17	94.82	8,581	0.89	0.00	0.01
Q5	0.61	6.94	43.41	53.13	27.27	47.93	48.90	7,079	1.33	0.03	0.46