…blip before the reflation trade reasserts itself once again. That would imply stocks sensitive to the economic reopening will stage a comeback, with cyclical and value-oriented sectors of the market…
Search Results for: value
Quant ETF Loses in Poorly Timed Rebalance
…were lagging, then switched to value shares “at their peak.” The losses, the article notes, are a “measure of the fickle markets this year that have left Wall Street divided…
Bill Miller: Insights from 2Q Market Letter
Earlier this month, Miller Value Partners founder Bill Miller shared thoughts and insights on the market in his Q2 letter to investors. Here are highlights: “The future is about probabilities…
Amplifying Momentum’s Alpha Potential
…and a pure momentum approach has no regard for fundamentals. However, our data as well as the research of others, has shown that by combining momentum with other value, quality,…
AQR’s Cliff Asness is Back to Defending Value
…and value stocks, AQR’s research shows that this dissipates over the long term. Asness contends, “To actually be negative on value moving forward because of interest rates, particularly when value…
Five Value Investing Principles that Still Stand
…of the next value cycle are already revealing themselves and, further, that “high multiple momentum-driven stocks are lagging in this pro-cyclical, value environment as the economy re-opens from the pandemic.”…
When Conviction Fails You
…looking at academic research. If you look at the academic research about value investing, you will see that Price/Book is the most widely used metric to define value by far….
Age of Bull Market May Help Determine Value Stocks’ Fate
…growth stocks outpaced value for the first time since January.” “Value is losing some luster” due to the drop in Treasury yields, combined with the fast spread of a coronavirus…
For Value Investors, Avoiding Growth Companies Can Hurt Returns
…value investing firm with $1.25 billion AUM, says traditional metrics (i.e. price-to-book and price-to-earnings multiples) do not offer sufficient information to identify shares that are trading below their intrinsic value….
Here’s Why the Value Rally Maybe Just Resting For Now
…the value trade after it became overcrowded on a short-term basis and vulnerable to a setback given hefty gains over the past nine months. However, the factors behind our value…