Regression to Trend: Another Look at Long-Term Market Performance

Posted by Jill Mislinski - Advisor Perspectives

Share on Facebook

Tweet on Twitter

Quick take: At the end of April the inflation-adjusted S&P 500 index price was 97% above its long-term trend, unchanged from the previous month.

About the only certainty in the stock market is that, over the long haul, over performance turns into under performance and vice versa. Is there a pattern to this movement? Let’s apply some simple regression analysis (see footnote below) to the question.

…continue reading HERE

…also from Advisor Perspectives:

Is the Stock Market Cheap?

I know Mike is a very solid investor and respect his opinions very much. So if he says pay attention to this or that - I will.

~ Dale G.
I've started managing my own investments so view Michael's site as a one-stop shop from which to get information and perspectives.

~ Dave E.
Michael offers easy reading, honest, common sense information that anyone can use in a practical manner.

~ der_al.
A sane voice in a scrambled investment world.

~ Ed R.