Objective research to aid investing decisions

Value Investing Strategy (Strategy Overview)

Allocations for July 2020 (Final)
Cash TLT LQD SPY

Momentum Investing Strategy (Strategy Overview)

Allocations for July 2020 (Final)
1st ETF 2nd ETF 3rd ETF

Stock Market Performance Perspectives

| | Posted in: Equity Premium

How different are stock market performance metrics for:

  • Capital gains only, capital gains plus dividends accrued as cash (spent or saved), and capital gains plus dividends reinvested in the stock market?
  • Nominal versus real returns?
  • Simple return-to-risk calculations versus Sharpe ratio?

Using quarterly S&P 500 Index levels and dividends, quarterly U.S. Consumer Price Index (CPI) data (all items) and monthly 3-month U.S. Treasury bill (T-bill) yield as the risk-free rate/return on cash during the first quarter of 1988 through the second quarter of 2019, we find that:

Please or subscribe to continue reading...
Gain access to hundreds of premium articles, our momentum strategy, full RSS feeds, and more!  Learn more

Login
Daily Email Updates
Filter Research
  • Research Categories (select one or more)