Tag: timing luck
Timing luck is the difference in performance of two identically managed portfolios, rebalanced on different days. We derive a model for quantifying timing luck and present a solution for controlling it.
Empirically, industry groups exhibit an exploitable momentum factor. How much of it is due to timing luck?
We evaluate how timing luck – the probability of when events occur within a month – can affect the results of a strategic asset allocation process.
Timing luck often has a much greater influence on strategies than meets the eye. A simple test can be used to attribute good, or bad, performance to timing
What do portfolios and teacups have in common?
By Corey Hoffstein
On December 17, 2018