Rafe Resendes and strategies featured in Business Insider

December 29, 2020 Research Paper

Read Here:
A market-beating investor on Charles Schwab’s exclusive list of top-tier mutual funds explains why he believes traditional value investing never really worked — and shares his strategy for identifying the best cheap stocks

Applied Finance
Applied Finance, a thought leader in valuation and portfolio construction, is a true “value” investment management company. Unlike the majority of firms today that focus on low multiples to define “value”, we define value as identifying companies trading below their intrinsic value. Our Valuation Driven™ approach forms the foundation of our investment decisions...more

home

The Momentum Reversal: A Cautionary Tale

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]