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Active Is as Active Does: Wading Into the Active-Share Debate
Even without knowing anything about a manager’s process, we can discern some problems with active share as a measure of potential outperformance.
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Is the market impact of Grexit overstated?
Grexit may end up being more of an opportunity for information arbitrage than a macroeconomic risk to avoid.
Analysts Most Optimistic on Health Care, Least Optimistic on Energy in Q2
Of the 11,325 ratings on S&P 500 companies at the end of Q2, 48.4% were Buy, 45.7% were Hold, and 5.8% were Sell.
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Relative Valuation Models: An Alternative to Measuring Corporate Spread Risk
Given the shortcomings of the “bucket” approach to measuring corporate spread risk, consider relative valuation models as an alternative.
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Smaller Cuts than Average to S&P 500 Earnings Estimates for Q2 2015
How significant is a 2.3% decline in the bottom-up EPS estimate during a quarter?
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Greek debt crisis creates potential for upside return in GIIPS
As bondholders flee Greek debt, Greece's counterparts in GIIPS are left under bought.
FactSet StreetAccount Summary - Week Ahead: July 6-10
Grexit and the Possibility of Contagion
As the odds shift towards an exit from the Euro for Greece, what are the risks of risks spreading across the Eurozone, and how might that affect your portfolios?
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What Factors Will S&P 500 Companies Cite as Negative Impacts on Q2 Earnings and Sales?
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FactSet StreetAccount Summary - US Weekly Recap: Dow +0.17%, S&P (0.01%), Nasdaq (0.23%), Russell 2000 +0.30%
FactSet StreetAccount Summary - Week Ahead: July 13-17
Jobs are growing, but what about wages?
Jobs in the retail trade and leisure and hospitality industries made up one quarter of June's job increases.
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Ex-Apple, Technology Sector Will Report a Decline in Earnings for Q2
What is driving Apple’s substantial contribution to earnings growth for the Information Technology sector in recent quarters?
FactSet StreetAccount Summary - US Weekly Recap: Dow +1.84%, S&P +2.41%, Nasdaq +4.25%, Russell 2000 +1.20%
FactSet StreetAccount Summary - Week Ahead: July 20-24
A Quant's Approach to Getting Sentimental about Security Selection
How can investors harnessing a security selection process integrate qualitative metrics like investor sentiment?
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U.S. M&A deal activity up 19.3%, Private Equity activity up 22.2% in June
U.S. M&A had 1099 announcements in June compared to 921 in May, while U.S. private equity jumped to 118 deals from May's 96.
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Webcast: Understand the relationship between Tracking Error and Active Share
This Emerging Ideas webcast reviews whether active share is an effective metric to evaluating performance.
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Meanwhile in China: Which Strategies Protect Your Portfolio Against the Bear Market?
After a sustained rally, Chinese Equity markets have suddenly retracted and moved into an official bear market.
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Excluding Energy, Would the S&P 500 Report Growth in Earnings and Sales for Q2?
The Energy sector will be a focus for the market during the upcoming week, as both Exxon Mobil and Chevron are scheduled to report results on July 31.
FactSet StreetAccount Summary - US Weekly Recap: US Weekly Recap: Dow (2.86%), S&P (2.21%), Nasdaq (2.33%), Russell 2000 (3.24%)
FactSet StreetAccount Summary - Week Ahead: Jul 27 - 31
China A-Shares: How ETFs React To Broken Markets
There's a fundamental problem for U.S. investors actively investing in China: the trading locks.
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The Second Order: Linear Models in a Nonlinear Valuation Process
Fixed income valuation is nonlinear by definition, and the nonlinear effects are not minor.
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For Q3, Smaller Cuts to S&P 500 Earnings Estimates Than Average
But revenue growth is not expected to return until 2016.
FactSet StreetAccount Summary - US Weekly Recap: Dow +0.69%, S&P +1.16%, Nasdaq +0.78%, Russell 2000 +1.03%
FactSet StreetAccount Summary - US Week Ahead: Aug 3-7