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Robert “Hap” Sneddon, CastleMoore Inc.
President, Founder
With 21 years in the investment industry, Hap began his career as a stock broker with Richardson Greenshields and later RBC Dominion Securities. A review of long term equity charts in 1999 led to the founding of CastleMoore in 2004 and preparation for the ensuing financial crisis in 2008. He is Past President of the Canadian Society of Technical Analysts, a regular guest on BNN, and has appeared on CNBC.com, Bloomberg.com, 680 News, the National Post and the Globe and Mail.
TOPIC: Using Dynamic Mean Reversion as a Tool in Portfolio Construction
Securities that are overbought or oversold can entice investors to act when they shouldn’t. Incorporating dynamic (vs standard) linear regression improves profitability and reduces risk.