Biography
Derek Horstmeyer is a professor at George Mason University School of Business, specializing in exchange-traded fund (ETF) and mutual fund performance. He currently serves as Director of the new Financial Planning and Wealth Management major at George Mason and founded the first student-managed investment fund at GMU.
Does the PEG ratio provide meaningful insights for broad market trends?
Are the traditional indicators of consumer sentiment and business confidence relevant anymore?
How accurate is VIX on a realized basis and when does it diverge with the market?
As a stock falls in value, it becomes more sensitive to market movements and its total volatility increases.
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.
With various performance metrics to choose among, might fund managers be tempted to cherry-pick those that reflect most favorably on their performance?
How have the markets responded to congressional testimony from recent Fed chairs? Have they shown a preference or distaste for any one in particular?
How would an index constructed at the US country level that weights holdings by each sector's underlying GDP compare to the S&P 500 in terms of risk and performance?
How much correlation is there between consumer and business sentiment metrics and market returns?
A fund family's success with bond funds may not translate to the equity side of the ledger.