Investing Research Articles

…options buyers (sellers) might want to tilt toward stocks with high (low) betas, large (small) market capitalizations, low (high) book-to-market ratios and significant (no) momentum.

…the professional investors at ValueInvestorsClub.com on average successfully identify and exploit value opportunities by focusing mostly on mismatches between stock price and intrinsic value.

…evidence from a few tests does not support a belief that trend reversals in the 10-day lagging average S&P 500 index put-call ratio predicts reversals in the level of the S&P 500 index.

…recent S&P 500 aggregate bottoms-up earnings growth estimates have often been highly variable and substantially inaccurate.

…investors should not expect the typical “expert” to outperform a simple extrapolation of the long-term trend in forecasting the level of a broad stock market index one year ahead.

…evidence for the management compensation (rather than reward for shareholders) motivation for open market stock buybacks is mounting, causing investors to pay less attention to buybacks.

…stock market P/E and presidential approval rating are significantly intertwined.

…stock pickers may want to focus on stocks with high idiosyncratic volatility.

…new mutual funds appear to enjoy initial outperformance by taking on innovative risk.

…gain-loss spread (expected gain minus expected loss) is a simple, intuitive measure of investment risk at least as useful as standard deviation.