No. of Recommendations: 4
Outstanding analysis! Thank you lizgdal! Reflecting the general relative weakness of smallcaps over the last several years as the dominance of the Magnificent 7 has increased and taken over.
Brings to mind the tag line from Talladega Nights: "if you ain't first, you're last!"
Stats 101:
Median Median STDEV STDEV
pre-10 post-10 pre-10 post-10
21% -1% 15.0% 8.9% excess_return
33% 9% 26.2% 17.9% avg_51_SIP_screens
15% 15% 18.9% 15.7% S&P_1500_eq_wgt
* Huge drop in median excess return of screens
* Huge drop in median return of screens
* 30-40% less volatility combined with the above means less chance of an outperforming outlier screen
Yeesh.
FC
