Canadian Society of Technical Analysts


Webcast featuring Michael A. Gayed, CFA and Charlie Bilello, CMT

  • 26 May 2016
  • 12:00 PM - 1:00 PM (EDT)
  • Webcast

Registration

May 26, 2016 - 12:00 pm - 1:00 pm. 

Webcast featuring Michael A. Gayed, CFA and Charlie Bilello, CMT 

Topic: Leverage for the Long Run: A Systematic Approach to Managing Risk and Magnifying Returns in Stocks

In their 2016 Charles H. Dow Award winning paper “Leverage for the Long Run”, Michael A. Gayed, CFA and Charlie Bilello, CMT challenge popular notions about leverage and moving averages. They establish that certain factors (volatility and path dependency) are critical to effectively deploying leverage and illustrate how moving averages can be used to systematically evaluate these factors. The strategies revealed in the paper counter the Efficient Market Hypothesis and CAPM in exhibiting higher risk-adjusted returns than a comparable buy-and-hold strategy.

Join Michael and Charlie as they discuss the surprising findings of their research and practical ways for active managers to potentially increase returns and manage risk.

You can download their full paper here: http://docs.mta.org/dow-award/2016-gayed-bilello.pdf


**Email with webinar link will be emailed to all members Tuesday Evening.

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