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

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Sign up for ValueWalkPremium today and get our exclusive content for 35% off.

Use coupon code vip19 or click on the button below

Limited time offer only ENDS 11/30/2019 or after next 25 20 subscribers take advantage whichever comes first – please do not share this discount with others