…find any other ratio that is referenced more often. When Fama and French built their famous 3 factor model, value was measured using the Book/Market, which is the inverse of…
Search Results for: factor
Quants Find the Missing Piece
New research has found that the implementation methods related to some factor-based investing strategies is the culprit for underperformance, and that “a simple formula can solve it.” This according to…
Bored Sports Bettors Try Their Hand at Stocks
…brokerage firm BTIG, who says the spike is playing a significant role in the market’s recent surge: “There’s zero doubt in my mind that it is a factor.” While the…
Excess Returns, Ep. 29: Timeless Investing and Life Lessons with Jim O'Shaughnessy
…factor-based investing. In this discussion, we get Jim’s takes on a wide range of topics both in and outside the investing world. We discuss: The recent struggles of value investing…
Validea on YouTube: A Resource for Investors
…market volatility and factor timing to risk management and the impact of Covid-19. Investors will learn what to avoid, the lessons offered by history, what works and what doesn’t. Webinars…
Value Alive or Dead? Debate Rages Among Quants
…in Bloomberg. “After kicking off the factor boom in the early 90s,” the article reports, “value is punishing the faithful three decades on. Billions are getting wiped out, quant shops…
A Detailed Look at the Quality Factor
…factor, the best use of quality may be in conjunction with other factors. For example, combining quality with value can help to eliminate stocks from a value screen with significant…
Excess Returns, Ep. 27: Quality and Low Volatility: The Factors That Shouldn't Work
…offers more of a challenge. In this episode, we take an in depth look at these two factors. We discuss: The different ways to define each factor and the common…
Value Stocks May Outperform for These 3 Reasons
…the extreme discount in value stocks today, coupled with the potential for positive cyclical catalysts, suggests that investors should hold the line on their strategic factor investments in value companies.”…
The Balance Between What Is and What Should Be
…First, the same thing I talked about above is obviously a major factor. There has been massive government stimulus, with both monetary and fiscal policy playing a big role. But…