Friday, February 21, 2020

Questions for Case at the AQRs Momentum Funds (The Momentum Effect) Study

Questions for at the AQRs Momentum Funds (The Momentum Effect) - Case Study Example The existence and ability to implement the strategy despite up or down markets is implied due to the aspect of relative performance as a component of momentum. Authors such as Jegadeesh and Titman in their publication, present models of behavior with a basis on the idea that momentum profits result due to inherent biases in the way an investor interpret given information (7). Others however argue that momentum investors realized massive returns as mere compensation for risk. Generation of momentum returns can be as a result of rational and irrational reasons. Some of these reasons include momentum being a consequence of overreaction and under reaction to news pertaining to the market and failing to incorporate them in their transaction prices. This argument can be explained by examples such as positive announcements from companies resulting in price increases thus more buying of stocks (Jegadeesh & Titman, 10). With respect to the time series of returns, we can conclude that each stock’s past return is a future predictor meaning that stocks with high expected rates of return in adjacent time periods are expected to have high realized rates of returns in both periods. In the case of return reversals, such appear mostly in later years following the formation date where it is most likely that an investor will lose

Wednesday, February 5, 2020

Convince school to take specific measurements to improve students Essay

Convince school to take specific measurements to improve students health and fitness - Essay Example The school also needs to watch out for the impacts that the programs has on the students. If the student do not take to the program implemented, they are likely not to participate hence the inevitable failure of the program. Nutrition and physical fitness is important for students because it offers many great benefits such as improved self esteem and confidence, improved performance in class and a general improvement in the physical health of the students (Jackson 56). If the students are in good shape, it reflects in their general self esteem. For teenagers, what others think is more important to them that what they think about themselves. Kids can be cruel in high school as is well known by all. They are bound to make fun of a fellow kid if they were seen as unhealthy and unfit. If the students are physically fit, it instills some form of confidence in them and makes them feel like they are actually worthy. This is a decision made based on their mastery of skills and the aspects of the physical programs. This in turn makes the student more aggressive, have more self-control, be more independent and have more confidence. In addition, physical fitness among the students will reflect in other areas of the curriculum. The students are bound to perform better in class and this benefit them and the school as well. Every management wants the society to see them succeeding and therefore, good student performance reflects well on the managements performance (Jackson, 43). Physical exercise has always been known to be a way through which one can relieve stress. Engaging in physical exercise does not only improve the physical health of the students, but also can be a way for the children to rid themselves of any form of tension and anxiety that they may be experiencing. Consequently, this will improve the student’s emotional stability and resilience. The programs set up for improved physical health can be an