This means that you are always buying low and selling high, in an static /
index type of model (not an actively managed portfolio).
Not exact matches
Consider the holding period for mutual funds and
index funds to be indefinite, and then consider three
types of stock investor: (i) AAII
Model Portfolio, currently with 27 stocks; (ii) A typical investor as cited in the related Steven Sears article holding 27 stocks for an average 3.27 - year holding period (turnover ratio 30.58 %); and (iii) An investor who holds 27 stocks for the five - year average typical
of a market cycle (20 % turnover ratio).
Two
types of nonlinear
model — both one - sided GEV regressions where linear relationships are allowed to differ above / below a Niño3.4
index threshold — are considered.
Based on the recommendation by Jackson, Gillaspy, & Purc - Ste - phenson (2009), Study 1 evaluated each
model with multiple and different
types of model fit
indexes: The Tucker - Lewis
index (TLI), the comparative fit
index (CFI), and the root mean square error
of approximation (RMSEA).