Abnormally Low Searching Equals Undervalued?
November 25, 2015 - Animal Spirits
Does lack of search activity point to stocks that are out of favor and therefore undervalued? In their November 2015 paper entitled “In Search of Alpha-Trading on Limited Investor Attention”, Konstantin Storms, Julia Kapraun and Markus Rudolf develop and test three trading strategies that employ Google search volumes to take long positions in S&P 500 stocks receiving abnormally low investor… Keep Reading