GS: Rising Dispersion Good News For Active Investors?

Falling stock correlations have lifted return dispersion of its long-term average the first time since 2012; that’s according to a new report from Goldman Sachs.

The report, titled ‘stock picking in a world of normal return dispersion’ takes to look at the current state of the markets and where the most dispersion (which creates an attractive environment for active stock picking) among different sectors and stocks can be found.
The return of dispersion
Return dispersion, measured as the cross-sectional standard deviation of S&P 500 stock returns, reached an all-time low during the . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Saved Articles

Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers