Omega Point Blog

Reflections On Quantamental Investing

Recent Posts

2019 Momentum Growth Profitability Market Rebound

Offense or Defense? Positioning for a Possible Recovery - Part 2

February 10, 2019
Today we continue our analysis of early stage market rebounds with the goal of helping uncover potential offensive and defensive sector strategies that may be useful for investors in the current market. Last week we tried to find commonalities in net momentum across sectors during recovery periods. The idea being that defensive sectors tend to underperform and more cyclical or “growthy”...
Read More
Omer Cedar
Omer Cedar

2019 Momentum Market Rebound Healthcare

Offense or Defense? Positioning for a Possible Recovery

February 05, 2019

Today we're kicking off a multi-week analysis of the early stages of market rebounds. One area of focus is the examination of sectors investors might want to focus on, depending on whether they're seeking to get offensive or stay defensive in the market. Thus, today we will be starting our analysis through the lens of sector performance during previous market rebounds. We'll also share a quick...

Read More
Omer Cedar
Omer Cedar

2019 Volatility Beta

Where's the Ceiling for volatility & Beta?

January 27, 2019
Never a dull week, even with the market taking a day off on Monday. With Volatility and Market Sensitivity both at “Extremely Overbought” levels, we'll take another look at these factors in a historical context to better understand where they are in relation to the market recoveries of 2009 and 2016. US Market In an abbreviated week, uncertainty from the government shutdown...
Read More
Omer Cedar
Omer Cedar

2019 Volatility Beta Profitability

Profitability Lags While Beta & Volatility See Continued Strength

January 20, 2019

This week saw strong market performance amid a cascade of political and economic headlines. Here's an update on the factor story that we continue to find of most vital importance - the interplay between Volatility, Market Sensitivity, and Profitability as it relates to a sustained market recovery.US Market 

 

Our US Market factor (99% correlated to the S&P 500) continued its upwards...

Read More
Omer Cedar
Omer Cedar

2019 Volatility Beta Profitability

Volatility & Beta Up Big While Profitability Slowly Recovers

January 13, 2019

This week brought with it some mixed news, between the potential jobs impact stemming from the government shutdown, increased optimism over US-China trade, and recent comments from the Fed about the need for “patience”. With regard to factors, we're seeing signals that indicate that we're in the midst of a return to a “risk-on” environment, with Volatility and Market Sensitivity both...

Read More
Omer Cedar
Omer Cedar

2019 Profitability Volatility Fundamentals Axioma

Factors Have Rallied Amid Macro Uncertainty

January 06, 2019

I hope you enjoyed the holidays and year-end festivities. Today, we'll provide a factor update spanning the past two weeks, a period characterized by sustained choppiness in the market and mixed economic headlines. Just this week, AAPL dramatically lowered 1Q revenue guidance, citing “economic deceleration,” particularly in China. and the ISM Manufacturing Index's significant December put...

Read More
Omer Cedar
Omer Cedar

2018 Growth Momentum Market Sensitivity

Factor Spotlight: EOY 2018

December 23, 2018

With the next issue to be published in January, the entire Omega Point team and I would also like to take this opportunity to wish you a peaceful holiday season and New Year filled with happiness and prosperity.

As noted last week, you can now access all past issues of Factor Spotlight on our website, and in this issue we have compiled a list of the top 5 most popular Factor Spotlights of...

Read More
Omer Cedar
Omer Cedar

2018 Market Selloff Profitability Growth Momentum

Profitability is closer to an inflection point

December 16, 2018

I hope all is well as we head into year-end and the holiday season. Before we dive in this week, I’m thrilled to announce that you can now view current and past issues of Factor Spotlight directly on this blog. You can also filter articles based on keywords to more quickly find specific topics you would like to explore further.

Read More
Omer Cedar
Omer Cedar

2018 Market Selloff Profitability Factormageddon 2016

Profitability nearing a Bottom

December 09, 2018

After a tumultuous four-day trading week, we wanted to quickly check in on some factors that we've been tracking, and then examine why Profitability is being flagged as “Extremely Oversold,” and compare the current period to previous times of weakness for that factor.

Read More
Omer Cedar
Omer Cedar

2018 Market Selloff Value Earnings Yield Profitability Beta

Value vs Earnings Yield

December 02, 2018

I hope those of you in the US enjoyed Thanksgiving weekend with your families while we took a brief hiatus from Factor Spotlight. This week, we'll provide an update on some factors we've been tracking for the past few weeks, as well as dig into an interesting phenomenon that we're observing in the relationship between Earnings Yield and Value.

Read More
Omer Cedar
Omer Cedar
All posts