This is a summary of links featured on Quantocracy on Thursday, 03/15/2018. To see our most recent links, visit the Quant Mashup. Read on readers!
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Is The US Stock Market Overvalued? Depends on which Model You Ask [Alpha Architect]When stock prices reach a new high, investors start asking the question: Are stocks overvalued? To answer this question, investors have developed several alternative equity valuation models. Typically, each of this models compares the stock markets current price level to a benchmark. Among practitioners, two of the leading equity valuation models are the Shiller CAPE model and the so-called Fed
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Volume and Volatility: A Tale of Two Vols [Quant Fiction]Outside of price action, two of the most popular market characteristics analyzed are volume and volatility. Volatility is often used to determine market regime, while the traditional use for volume is to confirm price movement. This post will investigate the relationship between these two characteristics, and whether using both of them may be redundant. First Look To investigate the effects of the