Below is a weekly summary of our research findings for 12/23/19 through 12/27/19. These summaries give you a quick snapshot of our content the past week so that you can quickly decide what’s relevant to your investing needs.
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- Value Investing Not Dead?
recent evidence against value investing, driven by exceptional widening of the valuation spread between value and growth stocks, is not strong enough to declare its death. Assuming this spread will not continue to widen, value is poised to beat growth soundly. - Stock Returns Around New Year’s Day
Best guess is that any anomalous U.S. stock market strength around New Year’s Day will start the week before and end two trading days after the holiday, followed by a fade, but noise generally dominates. - Handling Reversals in Price Trend Direction
Evidence indicates that the best intrinsic momentum strategies for equity markets are for intermediate lookback intervals, with some advantages to using different rules during market corrections and rebounds. - Modeling the Equity Factor Zoo to Near Death
Evidence suggests that widely used factor models are far from the best in explaining variations in returns across different kinds of stocks.
