Investing Research Articles

there is not enough information available to assess the value of the MarketTrak service with reasonable confidence. Data snooping bias is a principal concern.

Are Treasury Inflation Protected Securities (TIPS), for which the Treasury adjusts the principal based on the Consumer Price Index for all urban consumers (CPI-U), effective as an inflation hedge? In their September 2009 paper entitled...

...the StocksandBulls.com trading advisory service may offer an edge to traders with reasonably large accounts. However, a recent large increase in the number of recommended positions, a tendency to hold losers longer than winners and...

...gold is generally a hedge and safe haven for stocks in developed markets, but not in emerging markets.

...active traders may find value in Trading from Your Gut as a means to benchmark their trading thought processes against those of an experienced and introspective peer.

The most relevant research at CXOadvisory.com is...

The most relevant research at CXOadvisory.com is...

In his 2009 book Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition, author John Bogle has “not altered a single word of the original edition, but [has] chosen instead to update its voluminous...

The description of the methodology used by Markus Rose is generally vague and the astrological rationale implausible.

...evidence suggest that investors should consider both the expected the state of the economy and the rareness of that state in in anticipating the relationship between asset class returns and asset class return volatilities.

...evidence indicates that inflation hedges effective over the short run, such as commodities, may not work over long horizons and that tactical asset allocation following inflation surprises could enhance long-term investment returns.

There is no public data on his web site regarding the performance of his investing/trading recommendations.

The essential explanation for the apparent pricing abnormality you cite is that VIX options are not priced based on the value of VIX but on the price of VIX futures.

The stream of formal research in the public domain on high-frequency trading is relatively thin.

...the sample does not support a belief that his financial markets forecasting ability is remarkable.

Should investors look for consistent predictability, or upside surprises, in quarterly earnings announcements? In his November 2009 paper entitled “Meeting Analyst Forecasts and Stock Returns”, Ioan Mirciov investigates relationships between announced earnings (relative to analyst...

...relatively inexperienced investors should find Fire Your Stock Analyst! a useful guide for analyzing U.S. stocks. However, the book presents no benchmarks for investing performance and does not support diversification across asset classes.

...evidence from a limited sample period (in terms of number of bull and bear markets) indicates that optimized leverage beats both fixed leverage and no leverage. However, with unlucky initial conditions, even optimized leverage may...

As suggested by a reader, we evaluate here stock market forecasts of John Buckingham, Chief Investment Officer of Al Frank Asset Management, who emphasizes careful stock selection, broad diversification and a long investing horizon. He...

...evidence suggests that investors may be able to predict which SEOs will engender the most pronounced subsequent market underperformance by measuring the level of surprise in the SEO announcement.

Reasons why it is likely unproductive to attempt to rank firm characteristics or factors according to predictive power for future stock returns, or strategies according to modeled alpha, include...

...investors may be able to generate substantial average abnormal returns by systematically taking short (long) positions in stocks of firms with extremely bad (good) quarterly earnings for several months after respective earnings announcements.

...empirical analysis indicates that ignoring hedge fund withdrawal restrictions may result in material overestimation of the benefits of including hedge funds in a portfolio.

...evidence from narrow portfolios (top 30 stocks) over a recent short test period indicate that GARP-value-size strategies perform well, with the magic formula (EBIT/EV and ROC combined), EBIT/EV alone and E/P alone excelling.

"...many investors have been lured into the idea that shorting a pair of leveraged ETFs is a sure gain."