MSCI World Tag

Median Stock Valuations Remain Near Record Highs

10 May, by Knowledge Leaders Team in Uncategorized

Measuring the valuation level of the median stock in an index can help mitigate the market-cap-weighted bias associated with many index level valuation statistics. This is important because index level valuations that are heavily influenced by a handful of large companies can give a misleading...

128 Stocks Are At Least 30% Off Their 1-Year High

06 May, by Knowledge Leaders Team in Uncategorized

We commented yesterday here that we are seeing fewer and fewer stocks making new highs even as the headline MSCI World Index makes all-time highs. In that vein, today we highlight that 128 stocks or 8% of all stocks are off by at least 30% from their...

A Pharmaceutical Frenzy

22 Apr, by Knowledge Leaders Team in Uncategorized

Over the last few months, the MSCI World Health Care sector has struggled to maintain its position at the top of the leaderboard:   As companies swap cancer drugs for flu vaccines, or endeavor into the realm of animal health, we are reminded of just...

Cheap Cheap? Pinpointing Value Among MSCI World Regions

16 Apr, by Knowledge Leaders Team in Uncategorized

In our fundamental analysis, we have developed a system by which companies receive both a quality and a valuation score.  The valuation component is comprised of various different metrics that compare the company’s valuation to items that include, but are not limited to, the benchmark’s...

Identifying Bears…Who Is Already In A Bear Market This Year?

11 Apr, by Knowledge Leaders Team in Uncategorized

A lot of the time by focusing solely on the headline indices investors can miss seeing the level of the dispersion happening among individual stocks. With the more recent pick up in volatility, the difference between the performance winners and the performance losers year-to-day is...

Winners and Losers From Last Month And The First Quarter

01 Apr, by Knowledge Leaders Team in Uncategorized

We have hit on the odd stock performance in March a few times in the last couple of weeks (see here, here, and here). Now that we are officially in the second quarter, let’s take a look back at the performance during the month of March...

Consumer Discretionary Has Fallen And Can’t Get Up

28 Mar, by Knowledge Leaders Team in Uncategorized

In early February we mentioned that consumer discretionary was starting to show some cracks in their leadership status. And a few weeks ago we mentioned how richly valued this groups of stocks had become. Today we pick on Consumer Discretionary stocks again showing how they...

Only One Industry Is Green In March

24 Mar, by Knowledge Leaders Team in Uncategorized

March has been relatively rough month for equities so far. Of the 24 industries that we track, 23 are negative! The only industry that is currently positive MTD is the Semiconductor & Semiconductor Equipment industry. This group had a strong week last week (+3.23%) while...

World Industrial Production Finished 2013 At An All-Time High

21 Mar, by Knowledge Leaders Team in Uncategorized

The CPB Netherlands Bureau for Economic Policy Analysis publishes a monthly report called ”World Trade Monitor”. This report tries to quantify the seemingly unquantifiable; world industrial production and world trade volume and prices. Either later today or early next week the CPB should come out...

Utilities And Health Care: This Year’s Odd Couple

19 Mar, by Knowledge Leaders Team in Uncategorized

Quick name the two best performing sectors YTD in the MSCI World… Is it surprising that the top of leader boards reads in bright green Utilities (5.24%) and Health Care (5.07%)? Third place goes to Materials which is trailing by a significant margin (1.49%)....