There is a lot of news coming out of Transilvania. The top physicist today, Laszlo Barabasi talks about Transilvania in his book ‘Linked’. Transilvania was cited as the Silicon valley of Europe by Financial Times. And Transilvania is also the first home for Tralio. So what is wrong with Transilvania? When Transilvania gets global attention […]
Picture Source: Wikipedia Jules Augustin Frédéric Regnault was a French stock broker’s assistant who first suggested a modern theory of stock price changes in Calcul des Chances et Philosophie de la Bourse (1863) and used a random walk model. He is also one of the first authors who tried to create a “stock exchange science” […]
According to Reuters, the analysts are in consensus on Adobe. Out of 25 recommendations, 11 are BUYS, 08 are OUTPERFORMS and 06 are HOLDS. This is not the first time opinion is skewed on one side. Now let’s look at Jiseki. The stock was a top relative performer from Sep 2013 with a top […]
Search engines are becoming smarter. You can ask them any question. And they will have an answer; many answers. Some of these answers will be opinions, some of them visuals, some of them tables, and some of them might just create confusion. The engines will get smarter in the near future and might just ask […]
To attempt forecasting a top stock like MSFT and then admitting that the forecast went awry needs courage. Well, Goldman was brave, as covered by Bloomberg on 18 Dec 2015. Strangely 12 months before Goldman gave a SELL on the stock on 4/11/2013, Jiseki ranking was at 24. Jiseki is a ranking indicator that measures […]
Nasdaq Orpheus RMI has outperformed all its peers in 2015. The RMI beat the Nasdaq Composite, Nasdaq 100 and S&P500 by 10.92%, 1.61%, 10.21% respectively. We are looking forward to go live on Bloomberg starting Jan 2016. Looking forward to showcase the RMI methodology and deliver risk-weighted excess returns for our clients.
There was news regarding how the Star Wars failed to wake up the force on Wall Street for Disney. We have a simple answer for that. Even before the release of Star Wars on Dec 18, the Jiseki Ranking was above 80 for Disney. This meant that the force was already with Disney from July […]
Read the paper on SSRN Abstract: John Rae’s inter-temporal choices explained the statistical nature of human behavior in 1834. However, despite the subject’s insight in the objectiveness of behavior, inter-temporal choices remains a peripheral science. This paper takes a sequential approach to question how inter-temporal choices could be behind human behavior, behavioral anomalies and even […]
Abstract There is no disagreement regarding the statistics of mean reversion. What goes up comes down and vice versa. Campbell and Shiller (1988) said that the simple theory of mean reversion was basically right. Fama and French (1989) also suggest that valuation ratios forecast five-year returns with quantifiable accuracy. It is the failure of reversion […]
Abstract Though ‘Size’ is the most important factor explaining stock market returns, the possibility of size being a proxy was first mentioned in Banz (1978). Even after forty years of factor investing the industry is still looking for answers. This paper chronologically lists the research on ‘Size’ and why the question regarding ‘The Size Proxy’ […]