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  2. Carhart four-factor model - Wikipedia

    en.wikipedia.org/wiki/Carhart_four-factor_model

    Momentum strategies continue to be popular in financial markets. Financial analysts often incorporate the 52-week price high/low in their Buy/Sell recommendations. The four factor model is commonly used as an active management and mutual fund evaluation model. Three commonly used methods to adjust a mutual fund's returns for risk are: 1.

  3. Efficient-market hypothesis - Wikipedia

    en.wikipedia.org/wiki/Efficient-market_hypothesis

    A replication of Martineau (2022). The efficient-market hypothesis ( EMH) [a] is a hypothesis in financial economics that states that asset prices reflect all available information. A direct implication is that it is impossible to "beat the market" consistently on a risk-adjusted basis since market prices should only react to new information.

  4. Mutual fund separation theorem - Wikipedia

    en.wikipedia.org/wiki/Mutual_fund_separation_theorem

    Mutual fund separation theorem. In portfolio theory, a mutual fund separation theorem, mutual fund theorem, or separation theorem is a theorem stating that, under certain conditions, any investor's optimal portfolio can be constructed by holding each of certain mutual funds in appropriate ratios, where the number of mutual funds is smaller than ...

  5. Fama–French three-factor model - Wikipedia

    en.wikipedia.org/wiki/Fama–French_three-factor...

    In asset pricing and portfolio management the Fama–French three-factor model is a statistical model designed in 1992 by Eugene Fama and Kenneth French to describe stock returns. Fama and French were colleagues at the University of Chicago Booth School of Business, where Fama still works. In 2013, Fama shared the Nobel Memorial Prize in ...

  6. Mutual fund - Wikipedia

    en.wikipedia.org/wiki/Mutual_fund

    A mutual fund is an investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK.

  7. Net asset value - Wikipedia

    en.wikipedia.org/wiki/Net_asset_value

    Net asset value. Net asset value ( NAV) is the value of an entity's assets minus the value of its liabilities, often in relation to open-end, mutual funds, hedge funds, and venture capital funds. [1] [2] Shares of such funds registered with the U.S. Securities and Exchange Commission are usually bought and redeemed at their net asset value. [3]

  8. Investment Company Act of 1940 - Wikipedia

    en.wikipedia.org/wiki/Investment_Company_Act_of_1940

    The Investment Company Act of 1940 (commonly referred to as the '40 Act) is an act of Congress which regulates investment funds. It was passed as a United States Public Law ( Pub. L. 76–768) on August 22, 1940, and is codified at 15 U.S.C. §§ 80a-1 – 80a-64. Along with the Securities Exchange Act of 1934, the Investment Advisers Act of ...

  9. TrimTabs Investment Research - Wikipedia

    en.wikipedia.org/wiki/TrimTabs_Investment_Research

    The main vehicle by which TrimTabs analyzes demand is through its comprehensive coverage of the flows (money that comes either in and out of funds) and returns of 4,000 U.S. listed mutual funds as well as daily coverage of the flows and returns of all U.S.-listed exchange-traded funds. In total the firm monitors on a daily basis $3.7 trillion ...

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