Which of the following statement is most accurate? A) The model "buys" (Q1) underperform in a down market environment

B) The model "Sells" (Q5) outperform a down market environment

C) Not Enough Information to answer

Back Test Data:

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