Timing patterns in effective periodic investment strategies

This study examines the risk/return performance of a number of simple portfolio strategies designed to potentially improve investor wealth accumulations over time. The authors find that a "follow-the-winner" strategy, applied quarterly, is an effective approach that results in higher overa...

Full description

Saved in:
Bibliographic Details
Published inJournal of Financial Planning Vol. 13; no. 8; p. 106
Main Authors Zwirlein, Thomas J, Reddy, Venkateshwar K
Format Trade Publication Article
LanguageEnglish
Published Denver Financial Planning Association 01.08.2000
Subjects
American dollar
Financial planners
Financial planning
Growth stocks
Investment policy
Mutual funds
Portfolio investments
Portfolio management
Rates of return
Securities markets
Stock exchanges
Studies
Trends
Volatility
United States > US
Online AccessGet full text

Cover

More Information
Summary:This study examines the risk/return performance of a number of simple portfolio strategies designed to potentially improve investor wealth accumulations over time. The authors find that a "follow-the-winner" strategy, applied quarterly, is an effective approach that results in higher overall return and wealth accumulation, with only a moderate risk increase, when compared with a buy-and-hold strategy. Extending this strategy to an annual time frame reduces effectiveness to the point where it is only marginally better than a simple buy-and-hold strategy on a risk-adjusted basis.
ISSN:1040-3981