equities
A simple analysis shows that Robert Shiller's cyclically adjusted price-to-earnings ratio changed in the 1990s and that mean-reversion concerns may be misplaced. If CAPE changed three decades ago, however, there is nothing preventing it from doing so again.
As a stock falls in value, it becomes more sensitive to market movements and its total volatility increases.
Regret risk is a quantifiable phenomenon. The answer for some clients may be equally weighted portfolios.
Sometimes, regardless of the holding period, stocks do underperform in absolute terms or relative to bonds.
Daniel Peris's new book advises investors that the tide is about to turn: favor dividends over share growth alone.
Growth and value style returns are the market's veritable gulf stream, and investors should not ignore their powerful currents.
How can investors address the denominator effect in private equities?
What's the appeal of spin-offs in general and in Mainland China and Hong Kong SAR, in particular? KPMG partner Mike Tang, CFA, CPA, shares his insights.
"It is possible to construct equity portfolios that possess out of sample exposure that facilitate more precise targeting of levels of macroeconomic risk exposure."
An examination of global stock market indices since 2015 reveals one clear takeaway: Every single index's average correlation with all other indices has fallen.