The ETF Portfolio Strategist: 11 August 2021
Our new mean reversion indicator is here
As previewed last week, our new mean reversion (MR) indicator has arrived.
The concept is simply calculating the current five-year return for an asset or index and transforming that performance into a percentile rank relative to an historical period. The idea is that when the five-year return is elevated, the potential for a lesser return and/or correcti…