Beta was the driving factor last week for performance but Dividend Yield galvanizing returns over the past year

October 21, 2013
By Knowledge Leaders Team in Uncategorized

Last week with most of the attention being on whether or not the US Government would be able to get a deal done to raise the debt ceiling and fund the government, the factor with the highest R-square performance was Beta. Beta has played a prominent role over the past 3 months as well (second highest correlation behind T-Bond Yield Curve, respectively).

Last week’s top 5 factors with the highest R-Square

Over the past 3 months the top 5 factors with the highest R-Square

However, over the past year valuation metrics have shown a greater relationship to performance with Dividend Yield (DY) and P/E, two of the three highest R-square values during this time.


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