By Jack Forehand, CFA, CFP® (@practicalquant) — I have always been a big believer that factor investing is an effective way to produce returns that beat the market over time. But I also…
Tag: Value Factors
Going from Dividend Aristocrats to Dividend Kings Using Quality and Value
Something happened recently that has never happened before in the market. If you take the current rate of inflation and compare it to the S&P 500’s earnings and dividend yield,…
The Strengths and Weaknesses of the Major Value Factors (Ep. 81)
Many investors think all value strategies are fairly similar to each other. And as a result they expect the value funds they invest in will all perform similarly over time.…
Rafael Resendes On Intrinsic Value, Economic Margin and How Some Value Models Have Lost Their Way (EP. 78)
Systematic value strategies have had one of the worst performing periods in their history in the past decade. This extended underperformance, coupled with changes in the market and economy that…
The Basics of Value Investing
By Jack Forehand, CFA (@practicalquant) When you look at the long-term performance data of the major investing factors, value and momentum typically rise above the rest. A few weeks ago, we began…
Value is the Main Reason Quants Have Performed Badly
Researchers at BNP Paribas Asset Management have found that the value factor was to blame for the underperformance of quantitative investing strategies in 2020. This according to a recent article…
The Life Cycle of Investing Factors
By Jack Forehand, CFA (@practicalquant) Factor investing has grown rapidly in recent years. Although it is difficult to quantify the exact dollar amount of money following factors, it is likely…
Differences in Value
By Justin J. Carbonneau (@jjcarbonneau) — A few weeks ago my partner, Jack Forehand (@practicalquant) wrote a piece titled “The Mechanics of Value Investing“. In it, he highlighted the various…
Value Investing Strategies with Good Outcomes
A recent article in The Globe and Mail shares the findings of back-testing eight different value ratios using the S&P 500 index. Specifically, the study involved creating 20-stock portfolios using…