Does Financial Leverage Make Stocks Riskier?

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...

CROIC, CFROI, CROCI & CROCS

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...

How Risky Are Value Stocks?

How Risky Are Value Stocks? Challenging Value as a risk premium strategy August 2020. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY The Value factor is often explained as representing a risk premium or a behavioral bias However, financial analysts regard...