Search Results for: small cap

Large Cap vs. Small Cap This chart shows the latest rebound in small cap vs. large cap, as small companies could benefit much more from the reopening of the U.S. economy. Image: Goldman Sachs Global Investment Research

U.S. High Yield Spreads vs. IG Spreads and Large Cap Growth Relative to Small Cap Value This chart suggests that new highs in stocks need high yield outperformance and sustained rotation from large cap growth to small cap value. Image: BofA Global Investment Strategy

S&P 500 vs. U.S. High Yield/High Grade and Large Cap Growth to Small Cap Value Charts suggesting that new highs in stocks need high yield outperformance and sustained rotation from large cap growth to small cap value. Image: BofA Global Investment Strategy

Relative Valuation: Small Caps vs. Nasdaq 100 Index The relative valuation today suggests that small caps should lead the Nasdaq 100 over the next decade. Image: Morgan Stanley

Small Caps – Russell 2000 Performance Relative to S&P 500 The small cap Russell 2000 index relative to the S&P 500 is at 18-year low. Image: Deutsche Bank Asset Allocation

Secular Bull Market – S&P 500 and Small Caps vs. Large Caps Ratio This chart suggests that secular bull markets are bearish for small caps. Image: BofA Global Research

Small Caps: Russell 2000 Last 12 Month Performance Grouped by Stocks > 10-Years Old and < 2-Years Old Chart suggesting more alpha among “newer” Russell 2000 small cap stocks over the last 12 months. Image: Strategas

Small Caps: Russell 2000 vs. MSCI USA Select Strong Balance Sheet Index Chart suggesting that it makes sense to avoid balance sheet risk in U.S. small caps. Image: Societe Generale Cross Asset Research

Leverage – Net Debt to EBITDA of Small Caps vs. Large Caps Excess leverage is more pronounced among U.S. small caps. Image: BofA US Equity & Quant Strategy

Small Cap Cyclical Sectors vs. Defensive Sectors Median Forward P/E Relative valuations for small-cap cyclicals versus small-cap defensives also remain near the 20-year lows. Image: BofA US Equity & Quant Strategy