by Nicolas Rabener | Feb 19, 2021 | Uncategorized
Myth-Busting: Low Rates Don’t Justify High Valuations Analyzing interest rates & P/E ratios across stock markets January 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY High equity valuations are frequently justified by low interest rates...
by Nicolas Rabener | Jan 11, 2021 | Uncategorized
Musings About Factor Exposure Analysis The challenges of regression analysis January 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY There are few alternatives to regression analysis when explaining investment performance Too few as well as too many...
by Nicolas Rabener | Jan 4, 2021 | Uncategorized
Factor Olympics 2020 And the winner is… January 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Momentum has been the clear winner across markets in 2020 Value has been the laggard like in recent years Low Volatility ended a 10-year fantastic...
by Nicolas Rabener | Dec 14, 2020 | Uncategorized
The Value Factor’s Pain: Are Intangibles to Blame? What is driving the value factor? December 2020. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY The rise of intangibles has been increasingly used as an argument for the poor performance of the value...
by Nicolas Rabener | Nov 30, 2020 | Uncategorized
ESG Data: Dazed and Confused An anatomy of data from one ESG provider November 2020. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Case study of one ESG data set from a well-known provider Highly ranked ESG stocks do not have better fundamentals Stocks...
by Nicolas Rabener | Nov 23, 2020 | Uncategorized
Hedge Fund Battle: Discretionary vs Systematic Investing Man versus machine November 2020. Reading Time: 10 Minutes. Author: Karl Rogers & Nicolas Rabener. SUMMARY Given alternative data, machine learning, and AI advances, systematic should beat discretionary...
