Omega Point Blog

Value 2019 Global Security Search

Finding the Top Growth and Value Names Abroad

March 24, 2019

Over the past two weeks, we've explored global trends in Growth and Value to determine the countries that have had the most (and least) exposure to those factors. Today, using our new Security Search feature, we're going to find the best positioned Growth and Value stocks across the worldwide model (70k+ stocks). Many clients have asked us for a tool that allows them to search for...

Omer Cedar

Value 2019 Global Japan Korea Australia

The Global Value Environment

March 17, 2019

Last week, we took a look at the Growth picture in the US, China, Japan, and Canada in the lens of our global model. Today, as we continue our series on global factor trends, we'll assess how Value factor screens within global indices, to see where investors might find the most Value-friendly markets abroad.

Omer Cedar

Growth 2019 Global China Japan Canada

The Global Search for Growth

March 10, 2019

Continuing our exploration of the worldwide vs. US models, we're starting a series where we'll examine the factor characteristics and trends within broad global indices. This week, we'll start by examining Growth factor trends in key countries to better understand the country selection movements that are likely to follow.

Omer Cedar

Growth Value Momentum Volatility Market Sensitivity 2019 Global

Comparing Factor Performance in a Global vs. US Model

March 03, 2019

Typically, the factor trends that we observe in Factor Spotlight are based on our US model. This week, we'll be introducing our worldwide model by taking a look at how some of the major factors have behaved on the global level, compared to what we're seeing in the US.

Omer Cedar

Growth Profitability Momentum Volatility 2019 Market Rebound Model Portfolio

Offensive Recovery Finale — The Model Portfolio

February 24, 2019

Following up on last week's discussion, we conclude our multi-part series on positioning for a potential market recovery, by building and analyzing a model portfolio that internalizes the insights we've gained from prior recoveries. Through the construction of a model portfolio we've uncovered an intuitive insight applicable to the recent recovery so please make sure to read the section...

Omer Cedar

Growth Profitability Momentum Volatility 2019 Market Rebound

Contemplating a Recovery: adding the idiosyncratic volatility factor to the mix

February 17, 2019

I hope today's post finds you well and you are enjoying your Presidents' Day weekend. In last week’s Factor Spotlight, we sought to associate changes in fundamental factors—growth and profitability—with net momentum, and found that 77% of the time growth and profitability moved in the same direction, so did net momentum.

Omer Cedar

Growth Profitability Momentum 2019 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”...

Omer Cedar

Momentum 2019 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...

Omer Cedar

Beta Volatility 2019

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...

Omer Cedar

Beta Profitability Volatility 2019

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...

Omer Cedar