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A transition towards a hybrid organisation - is there a sizeable and unexplored market for autism spectrum disorder Inclusive Strategy Design Services, Laying In The Educational Community?
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Resumo(s)
Conclusive empirical research regarding the value and momentum market anomalies has
been published for the past few decades. Significantly less have been produced discussing
combining the two factors. In this paper, a value and momentum strategy is implemented in a way
that maximizes exposure to each measure by simultaneously incorporating both over a twenty year
time span. This approach proves to take advantage of the strengths of both approaches while
mitigating their individual risks. Additionally, the analysis conducted during the paper finds a
strong negative correlation with the market.
This work project describes the strategy and results of four independently developed
investment strategies. The strategies focus on value and momentum, ETF mispricing, enhanced
momentum, and asset switching. The strategies are carried out in periods between 1998 and 2021.
Three of the four strategies focus on the U.S. market whereas one is focused on the European
market. Due to fundamental differences in their composition and execution, the strategies yield
different risk and return profiles; all but one strategy underperform equity and fixed-income
securities benchmark indexes. Subsequent portfolio optimization and allocation methods, with the
four individual strategies as assets, improve the risk-adjusted return of a combined portfolio in
excess of the benchmark indexes. However, the significance of these improved portfolio results is
limited due to inconsistent treatment of transaction costs and the small sample period.
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Palavras-chave
Autism spectrum disorder Corporate social responsibility Impact assessment Inclusion and diversity Inclusive education Financial analysis Social unit Market overview Social organisation Social impact Strategy consulting Training & mentoring