The Morningstar Quantitative Rating (MQR) is calculated by a Morningstar-developed tool to expand the number of equities and funds we cover.
Morningstar Quantitative Rating™
Also called: MQR
What is the Morningstar Quantitative Rating™?
Morningstar Quantitative Ratings are available for stocks and funds that are not directly covered by our analysts. Ratings are assigned based on statistical modeling, a tool designed by Morningstar to mimic the decision-making processes of our analysts. Quantitative ratings follow the same structure as their analyst-assigned rating counterparts. Securities designated with the quantitative ratings are labeled with a “Q” superscript.