In an earlier post, we discussed factor-investing and compared the performance of various factor indices (Value, Momentum, Quality, Low Volatility, and Alpha). The performance of some of the factors especially, Quality, Low Volatility, and Momentum was impressive, both on risk and return front. What if we combine two factors? Or what if we pick those stocks that … [Read more...] about Nifty Alpha Low Volatility 30: Review and Performance Comparison
nifty 100 low volatility 30 index
In some of the earlier posts, I have written about momentum and low volatility investing. In this post, I compare the performance of various factor-based indices. What is Factor Investing? This blog post from S&P gives an interesting analogy. Consider Factors as nutrients and food items as stock returns. Now, different food items (pulses, milk, bread, vegetables, … [Read more...] about Nifty Factor Indices (Value, Momentum, Quality, Low Volatility, Alpha): Performance Comparison
Risk and Reward go hand in hand. Higher the risk, greater the reward. So, if you are looking for higher returns, you just need to load up on risk. At least, that’s what the Capital Asset Pricing model (CAPM) used to calculate expected stock returns tells us. However, the experience has been completely different in various markets. Low volatility stocks have … [Read more...] about Does Low Volatility Investing beat Nifty and Sensex?