Yesterday was the day to vote here in the United States.
People entered into voting booths to select the candidate who they felt will
lead the way in the future.
ETFG Quantsm votes every day on the product that
it thinks holds the best prospects for the future and tells the world every
morning. So where did most of the votes
go? Taking a snapshot of the top 10 or so funds this morning shows two clear
favorites. All but one fund in the 12
are focused on either the Energy Sector or the Emerging Markets.
Both groups will do very well if global growth continues or
accelerates, but is that the message that Quant is giving? Looking a little deeper into the scores,
another trend appears. The Energy based
products have high behavioral scores compared to their fundamental scores,
while the Emerging focused products are reversed. Their fundamental scores are higher than
their behavioral scores.
So is the ETFG Quantsm model voting for
growth or is it pulling for the underdogs and seeing a reversion to the mean?
Thank you
for reading the ETFG Daily Perspectives
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.