Aggregate Buyback Activity a Useful Stock Market Indicator?
September 16, 2009 - Buybacks-Secondaries
“Results appear to indicate that firm executives are not especially good timers of the aggregate stock market.”
September 16, 2009 - Buybacks-Secondaries
“Results appear to indicate that firm executives are not especially good timers of the aggregate stock market.”
September 14, 2009 - Momentum Investing
The rationale is recognition of a short-term reaction for stocks with momentum concentrated in a recent interval.
September 10, 2009 - Short Selling
The valuation-based method described in “Modeling the Logic of Valuation-motivated Short Sellers” is a candidate…
September 8, 2009 - Fundamental Valuation
…The Dark Side of Valuation presents quantitative approaches to modeling the worth of companies for which valuation is especially complex and/or judgmental.
September 6, 2009 - Momentum Investing
…the beliefs that appear to motivate the approach described on the web site have support from research.
September 4, 2009 - Miscellaneous
…the Social Science Research Network (SSRN) is the principal resource for papers that feed CXOadvisory.com summaries of research done by others.
September 4, 2009 - Animal Spirits, Individual Investing
…individual investors tend to have above-average intelligence but still be genetically constrained from free-wheeling use of that intelligence in making investment choices.
September 3, 2009 - Big Ideas
Continuation of uncanniness is a possibility, but instead the past relationship may derive from substantial data snooping bias and thus break down out of sample.
September 2, 2009 - Individual Gurus
Jason Kelly has occasionally requested further explanation and reconsideration regarding our evaluation of his forecasting record. His requests and our responses follow:
September 2, 2009 - Economic Indicators
…evidence indicates that employment growth relates negatively to future stock market behavior, most strongly at a one-year forecast horizon.