by Nicolas Rabener | Sep 30, 2020 | Uncategorized
Factor Exposure Analysis 101 Testing the effectiveness and sensitivity of linear regressions October 2020. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Linear regression is widely used for factor exposure analysis However, a high R2 and low p-value can...
by Nicolas Rabener | Sep 28, 2020 | Uncategorized
Does Financial Leverage Make Stocks Riskier? Or asked differently, can companies boost returns via leverage? September 2020. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY The leverage of US stocks has been increasing over the last four decades The most...
by Nicolas Rabener | Sep 21, 2020 | Uncategorized
Aging & Equities: Selling Stocks for the Long-Term The negative impact of demographics on equities September 2020. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY There is a negative relationship between aging populations and stock valuations Given that...
by Nicolas Rabener | Sep 14, 2020 | Uncategorized
CROIC, CFROI, CROCI & CROCS Searching for better value metrics September 2020. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARYCash-return-on-invested-capital (CROIC) has been proposed by some as a superior Value metricSince the GFC in 2009, CROIC...
by Nicolas Rabener | Sep 7, 2020 | Uncategorized
Volatility Hedge Funds: The Good, the Bad, and the Ugly Exploring strategies in the volatility space September 2020. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Volatility hedge funds provided attractive diversification benefits for equity portfolios...
by Nicolas Rabener | Aug 31, 2020 | Uncategorized
Picking Highly Profitable Businesses Can Be Unprofitable Evaluating the Unusual Characteristics of the Profitability Factor August 2020. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY There seems to be a relationship between the Profitability factor and...
