New edition of the Almanac just published

the-uk-stock-market-almanac-2015The new edition of the Almanac, The UK Stock Market Almanac 2015, has just been released.

The 2015 edition is packed with new research. New strategies and studies appearing in the Almanac for the first time include-

  • Quarterly sector momentum strategy – a portfolio comprising the best FTSE 350 sector from the previous quarter, and re-balanced quarterly, out-performs the FTSE All Share Index by an average of 2.7 percentage points per month. A variant – buying the worst sector of the previous quarter – has performed even better.
  • Monthly sector momentum strategy – a portfolio comprising the two worst performing sectors of the previous month, and re-balanced monthly, out-performed the FTSE 350 Index by a monthly average of 1.1%.
  • Bounceback portfolio – a strategy that buys the worst performing shares in a year, and then sells them after three months into the new year; the strategy has beaten the market every year since 2003 except one year.
  • FTSE 250 quarterly reviews – what effect does joining or leaving the FTSE 250 Index have on company share prices?
  • MPC meetings – how does the monthly MPC announcement on interest rates affect share prices?
  • FOMC announcements – how do US and UK equities behave in the days around the periodic announcements of the policy statement of the Federal Open Market Committee?
  • Correlation of UK equity markets – if you want to diversify away from FTSE 100 Index, how effective will this be investing in the FTSE 250, FTSE Small Cap, FTSE Fledgling or FTSE AIM All Shares indices?
  • Daylight saving effect – what is the effect on financial markets of the switches to and from daylight saving time?
  • Sell Rosh Hashanah, Buy Yom Kippur – the US equity market tends to be weak between these two Jewish holidays, is there a similar effect in the UK market?
  • US holidays and European markets – the average daily returns for the European markets when the US market is closed is 0.32%, which is 15 times greater than the daily returns on all days.
  • Friday 13th – is Friday 13th unlucky for the stock market?
  • The Market’s Decennial Cycle – can analysis of the market’s performance in the equivalent years of decades reveal any pattern of behaviour?
  • Diversification with ETFs – ranking of the 40 ETFs with the highest trading volumes by their correlation with the FTSE 100 Index.
  • Lunar calendar and the stock market – do the phases of the moon affect the stock market?
  • The average market month – by taking the average performance of the market on each day of a month it is possible to create a chart of the average performance of the market for that month, and then to combine the 12 charts to produce a chart of the average behaviour of the market in all months.
  • The average market year – the performance and volatility of the market for an average year.
  • Women directors – what is the effect of female board members on company share prices?
  • FTSE index reviews – a brief survey of academic papers on the quarterly reviews of the FTSE equity indices.
  • Football and the stock market – what have academic papers got to say about the relationship between results on the field and subsequent football club share prices?
  • The Ramadan Effect – what effect does Ramadan have on stock markets in Muslim countries?
  • Weekly market returns and volatility – how weekly volatility has changed over the decades.

Order your copy now!


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