Research

November 24, 2024 - Overheated stock markets can be exhilarating for investors while they are happening. Success stories dominate the media, and "fear of missing out" (FOMO) drives more participation. Rising prices attract more buyers, pushing prices even higher in a self-reinforcing cycle. Confirmation bias makes investors focus…

November 9, 2024 – AlphaRank Factor Performance represents the daily historical performance of Accelerate’s proprietary model factor portfolios. (more…)

October 27, 2024 - “Bust a Move” is a classic hip-hop song by Young MC released in 1989. It became one of the defining tracks of the late 1980s hip-hop scene, known for its catchy beat, light-hearted lyrics, and broad appeal. In the hit song, Young MC details a protagonist's…

October 20, 2024 - Over the long term, stock prices tend to revert to their intrinsic value, as determined by the present value of their future cash flows. The problem with the long term is that it is... well, long. Nevertheless, research by economists such as Robert…

October 14, 2024 – AlphaRank Factor Performance represents the daily historical performance of Accelerate’s proprietary model factor portfolios. (more…)

September 28, 2024 - Merger arbitrage is an investment strategy that capitalizes on the spread between a company’s current share price and the consideration paid for its acquisition in light of an announced merger transaction. The merger risk premium— or the spread between the acquisition price…

September 21, 2024 - Coming into the Federal Reserve's first rate cut since March 2020, investors and economists were reading the tea leaves for one key question: 25 or 50? The central bank put an exclamation point on the undertaking on Wednesday, choosing to "break the…

September 10, 2024 – AlphaRank Factor Performance represents the daily historical performance of Accelerate’s proprietary model factor portfolios. (more…)

August 31, 2024 - The phrase, "picking up pennies in front of a steamroller," is often used on Wall Street to describe an investment strategy offering small, consistent gains but involves taking on significant risk. The idea is that while you might be able to pick up some pennies…

August 19, 2024 - The 2024 Paris Olympics wrapped up this month featuring standout performances from sharpshooter Yusuf Dikec, breakdancer Raygun, and the ever present Snoop Dogg. By standout performance we mean meme-worthy entertainment. Alas, now society's collective attention moves to the world's next big star-studded event, the next…