Before revision:  The recovery related selection rules are the best ranking criteria for the weekly contrarian portfolio construction. The alternative portfolios are less riskier in many reward-risk measures such as Sharpe ratio, VaR, CVaR , and maximum drawdown.
After revision:  The recovery related selection rules are the best ranking measures for predicting mean-reversion in a weekly scale. Prediction on future directions becomes more consistent, because the alternative portfolios are less riskier in many reward-risk measures such as Sharpe ratio, VaR, CVaR , and maximum drawdown.