Search Results for: momentum

Momentum Signal Across Asset Classes Momentum signals across all asset classes have flipped to extreme risk-off. Image: Deutsche Bank Asset Allocation

Global Equity Market Sentiment Index vs. Global Economic Growth Momentum If the global equity market sentiment index remains below zero, it could suggest a slowdown in economic momentum. Image: Nomura

Momentum to Value Rotation The rotation into value suggests a rebound in global economic growth, not a recession. Image: BofA Merrill Lynch US Equity & US Quant Strategy

Correlation Between Value and Momentum The correlation between value and momentum is near record lows. Below this level, value outperformed momentum over the next 250 days (77% of the time) since 1986. Image: BofA Merrill Lynch US Equity & US Quant Strategy

Valuation – Value vs. Momentum Stocks Chart suggesting that value stocks are currently very cheap vs. momentum stocks. The relative forward P/E of value vs. momentum is at two standard deviations below the average. Image: BofA Merrill Lynch US Equity & Quant Strategy

Growth, Momentum, Volatility and Value Factor Performance Chart showing that value stocks make a comeback as momentum and growth stocks get hammered. Image: Goldman Sachs Global Investment Research

ISM YoY and U.S. 2+10-Year Bond Yield YoY (Leading Indicator) The U.S. 2+10-year bond yield YoY (inverted) tends to lead the ISM YoY by 18 months, suggesting that the growth momentum is expected to fade through H1 2022. Image: Nordea and Macrobond

Nasdaq Composite Members Above 50 Day SMA vs. Nasdaq Composite Index Chart suggesting that Nasdaq internals are losing momentum. Image: Lohman Econometrics

Trade Globalization Will the coronavirus pandemic add momentum to the deglobalization trend? Image: BCA Research

ANZ Global Lead Index The ANZ Global Lead Index is a leading indicator on global industrial production. The chart shows that growth momentum peaked in 2018. Currently, global growth is actually starting to moderate seriously. Image: ANZ Research