Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Correlation Isn't What's Holding Stock Pickers Back Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, August 22, 2013

Correlation Isn't What's Holding Stock Pickers Back

News summary by MFWire's editors

Though some have argued that stocks are so related to world events that they move up or down with them, making stock picking talent irrelevant, InvestmentNews' Jason Kephart points out that a couple hundred stocks move significantly higher or lower than the S&P 500.

That gives stock pickers an opportunity to show off their skills. Kephart says that every year since 2008, more than half of the stocks move 10 percentage points higher or lower than the index, giving PMs at least 250 stocks to overweight or underweight in a year. This year through August 19, 262 companies fall into this category, Kephart reports.

Though most stocks give PMs an opportunity to outperform the index in some way, 56 percent of 287 large-cap-core mutual funds have trailed this year, Kephart writes. It isn't correlation that is the problem, Kephart asserts, it is a fear to make big bets, management fees and trading costs, and the difficulty of beating the market.

To read more, click here.  

Edited by: Casey Quinlan


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use