Sentences with phrase «bull and bear markets over»

Not exact matches

The favorable market performance associated with many historical economic expansions is fully accounted for by 1) favorable post-recession valuations, with the S&P 500 averaging less than 9 times prior peak earnings at the recession low, expanding to just over 11 times peak earnings in the first year of the bull market, and 2) favorable trend uniformity, which typically emerges almost immediately in the form of a powerful breadth thrust off of a bear market low, and is confirmed within a few weeks by much broader trend uniformity.

The only true test of a money manager's ability is if he can obtain above - average results over a full cycle that includes both bull and bear markets.

Since my impression is that the Fund continues to nicely achieve its objectives, it's important that shareholders remember that those objectives focus on achieving strong absolute and risk - adjusted returns over the complete market cycle (i.e. peak - to - peak, bull markets and bear markets combined).

The chart below captures a fairly simple filter of instances when the market lost 5 % or more over a 2 - week period, from a market peak in the prior 6 weeks (within 5 % of the prior 52 - week high) that was characterized by a Shiller P / E over 19, more than 50 % advisory bulls, and fewer than 25 % advisory bears.

Similarly, I expect that in the event of a general bull market in stocks, the fund will not shine so brightly in terms of relative performance., The math of investing would favour the fund, however, over several bull and bear market cycles because, on a percentage basis, lost dollars are simply harder to replace than gained dollars are to lose.

In the next post of this series, we will show the actual outperformance of the S&P SmallCap 600 versus the Russell 2000 over the long term, the higher returns and lower risk over different time periods, and through different bull and bear market cycles.

The chart below captures a fairly simple filter of instances when the market lost 5 % or more over a 2 - week period, from a market peak in the prior 6 weeks (within 5 % of the prior 52 - week high) that was characterized by a Shiller P / E over 19, more than 50 % advisory bulls, and fewer than 25 % advisory bears.

Rather than simply buying and holding, many active managers try to predict when securities are over - or undervalued, moving in and out of positions to avoid bear markets and profit from any subsequent bull rally.

An average bear market within a «secular» bear market period (a period generally about 17 - 18 years, where valuations begin at rich levels and achieve progressively lower levels over the course of 3 - 4 separate bull - bear cycles) is about 39 %, and wipes out about 80 % of the preceding bull market advance.

For investors seeking long - term investment returns in value - focused stocks over the complete investment cycle (bull and bear markets combined), with added emphasis on reducing exposure to general market fluctuations in conditions viewed by the Advisor as unfavorable to stocks.

For investors seeking long - term investment returns in the U.S. equity market over the complete investment cycle (bull and bear markets combined), with added emphasis on reducing exposure to general market fluctuations in conditions viewed by the Advisor as unfavorable to stocks.

It is important to remember our goal is to outperform both the S&P 500 and a balanced equity / bond portfolio over a full market cycle, which by definition includes both a bull and bear market.

Our hedging approach is intended to be applied over a complete market cycle - generally several years, but in any event comprising a complete bull and bear market.

We feel that our mechanical strategies are enough to handle the market's ups and downs, and if you stick with those strategies through both the bull and bear portions of the stock market cycle, you're going to do quite well over time.

That number has remained surprisingly stable over the last four decades and has persisted through bull and bear markets.

There were cyclical bear markets in 1977 and 1981 - 2 (both ~ 20 % drops in senior indexes), and in 1994 (DJI / SPX fell less than 10 %, but small caps were down 25 % + after the huge small cap bull cycle in 1991 - 3) and 1998 (over 20 % drop in SP in 4 months, with LTCM failure the final chord).

In 1980 the bull market in commodities was over and the bear market in stocks was over.

The Defined Risk Strategy is designed to outperform the underlying benchmark over a full market cycle (bull and a bear market).

Trend following, as I have discussed vehemently during my presentations with the STA and MTA, has to be judged over a full economic cycle (or a bull - bear market cycle, if you wish).

On the other hand, over the course of a market cycle lasting five or 10 years and including a bull and a bear market, the price of a given security is likely to change significantly.

Over the five years through the end of the third quarter — a span that included both bull and bear markets — only 29.1 percent of large - cap funds managed to beat the S. & P. 500.

And in my experience over many number of years, these five items are almost always present at the end of a US bull market and the start of a US equity bear markAnd in my experience over many number of years, these five items are almost always present at the end of a US bull market and the start of a US equity bear markand the start of a US equity bear market.

Let's look at each secular bull and bear market of the Dow over the last 100 years.

Under his leadership, Heartland's Value Fund has been noted by Forbes as having «done well... in both bear and bull markets over two market cycles.»