web analytics

Making Sense of Inflation

November 3, 2021

Forward interest rates and the long-term inflation expectations they contain is the critical rate watched by Federal Reserve policymakers. The Federal Reserve will view itself as “failing” if it cannot help inducing sustained long-term inflation of 2%. […more]

Valuation Beta – 2021 Asset Pricing Study Update

October 25, 2021

Excess Intrinsic Value Motivation Applied Finance’s Valuation Beta Research Paper studies the unique characteristics of the Intrinsic Value Factor™ in asset pricing. We believe this research is an important contribution to asset pricing literature, not only […more]

Looking Back, Looking Forward – 2021Q3

October 12, 2021

Looking into the next couple of quarters, we expect US economic growth to remain strong. Consumers’ balance sheets remain in great shape and more workers will be returning to the labor force. Purchases delayed due to supply constraints or availability issues will likely be pushed to 2022, resulting in more even economic growth rates in 2021 and 2022, rather than showing a big fall off next year as previously expected. […more]

The Momentum Reversal: A Cautionary Tale

August 25, 2021

Historically, High momentum stocks have done quite well, with the top quintile outperforming the bottom in many years. In 2020, the High momentum group did significantly well in the early part of the year, while that trend reversed in the second half and into 2021. YTD, we’ve seen the largest reversal in the momentum factor since 2016, with High momentum companies underperforming Low firms by over 15%. […more]

How to Value a Value Stock – Barron’s Feature

August 24, 2021

Our Co-founder, Rafael Resendes, has been featured by Sarah Max in Barron’s discussing the history behind our flagship Applied Finance Select Fund. Sarah explains why valuation distinguishes the Select Fund from most large value funds and why in the past three years it has performed better than 96% of its peers […more]

1 2 3 8

ValuationEdge™ Newsletter

Join to receive updates and exclusive

Valuation Driven® insights!

You have Successfully Subscribed!