by Nicolas Rabener | Apr 8, 2024 | Uncategorized
Factor Olympics Q1 2024 And the winner is… April 2024. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Some factor trends continued from 2023, but there were also two significant rotations Momentum performed the best, size the worst Most long-short...
by Nicolas Rabener | Apr 1, 2024 | Uncategorized
Duration as an Equity Factor Selecting stocks based on their interest rate-sensitivity April 2024. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Stocks can have a high, low, or negative sensitivity to interest rates The duration profile of stocks changes...
by Nicolas Rabener | Mar 25, 2024 | Uncategorized
Inflation-Themed ETFs: Part II As complicated as inflation March 2024. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Inflation-themed ETFs have heterogeneous portfolios However, commodities and oil have been better inflation hedges And offer higher...
by Nicolas Rabener | Mar 18, 2024 | Uncategorized
Building a Stock Portfolio for a Debt-Averse World Expecting higher inflation, higher rates, and eventually a debt restructuring March 2024. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Stocks for a low-growth & high-interest rate environment should...
by Nicolas Rabener | Mar 11, 2024 | Uncategorized
Value vs Quality: More Correlated than Ever? II P/E ratio of 100x vs -100x, which is more expensive? March 2024. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY P/E and ROE factors were highly correlated in recent years However, this is counterintuitive as...
