Investing Research Articles

Various studies find that returns on individual stocks exhibit tendencies for short-term (one month) reversal, medium-term (3-12 months) momentum and long-term (2-5 years) reversal. The short-term reversal is the basis for the skip-month included in some medium-term momentum strategies. Is there a way to concentrate the short-term reversal? In the March 2010 update of their… Keep Reading

…the long-run outperformance claimed by Doug Fabian appears to be a legacy of methods no longer strictly followed.

…evidence from nearly six decades of data indicates that diversifying across stock return anomalies consistently beats individual anomalies and the broad stock market.

…there is not enough public information on these sites to support due diligence on the investment performance of Doug Casey’s advice.

…there is not enough public information on these sites to support due diligence on the investment performance of Roger Conrad’s advice.

…evidence indicates that that discretionary (but not non-discretionary) aggregate accruals scaled to total assets significantly predict next-year equity market returns and that firm-level accruals scaled to earnings have substantially stronger and more consistent predictive power for future individual stock returns than accruals scaled to total assets.

…evidence indicates that hedge fund investors should lean toward low-profile funds.

…evidence from simple tests of available data indicates that VT26 may be a good strategy for fairly high-frequency trading in some futures markets, better for short trades than long trades, with effectiveness perhaps dependent on market volatility state.

…identifying and addressing appropriately the range of uncertainties found in financial markets is essential to investing success.

…evidence from 1950-2008 indicates that global diversification, while providing little protection on average from local market crashes, offers considerable risk mitigation over the long run.