In today’s briefing:
- Beta in Beta-Neutral Factors?
Beta in Beta-Neutral Factors?
- Beta-Neutral value, momentum, and low volatility factors are currently highly correlated to the S&P 500
- The illusion of uncorrelated returns is temporary rather than structural.
- Likely explained by the downturn in tech stocks that benefits these factors
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars