Investing Research Articles

…potential issues regarding sample size, data quality, data snooping bias and look-ahead bias undermine belief in this study’s conclusion that changes in the population for age nine in the U.S. accurately predict U.S. stock market returns. Also, smoothing rules applied in variable construction obscure exploitability.

…evidence indicates that investors may be able to exploit gross profits-to-assets as a predictor of individual stock returns, especially within industry. The effect is comparable in magnitude and complimentary to book-to-market, such that combining them is especially powerful.

…evidence indicates that expert analysts who have relatively high prior earnings forecasting accuracies, forecast frequencies and forecast revision frequencies and who cover relatively few companies and industries make abnormally good stock recommendations.

…hedge fund investors may want to consider the probability and persistence of increasing high water mark in selecting hedge funds.

…evidence from an array of tests indicates that the cumulative return over the period from 12 months ago to seven months ago is decisive for the momentum anomaly for U.S. stocks, industries, styles, country indexes, commodities and currencies. Including more recent, largely irrelevant past returns in forming momentum portfolios may hurt performance.

“On a day after a large decline in equities, it might be appropriate to look at managed futures.”

…evidence from tests on a modest sample of bubbles/anti-bubbles indicates that complex technical analysis of financial markets may offer investors some edge in timing some market extremes.

…evidence indicates a potentially exploitable tendency for prices of individual U.S. stock options to drop over weekends.

“How has Jack Steiman done? I have heard that he does a good job of calling the markets.”

As suggested by a reader, we evaluate here the stock market commentary of the Aden sisters via MarketWatch.com since June 2006. Mary Anne and Pamela Aden are self-described as “two of the most influential and well known investment analysts, writers and lecturers in the world. They are the co-editors and publishers of the Aden Forecast,… Keep Reading