In early October, equity markets suffered their second major correction this year and their worst fall in more than eight months. Rising yields in particular increase the potential for equity volatility.
In this 1-hour webinar, our experts will demonstrate that firms with high credit quality risk and high default risk tend to underperform their peers in the S&P 500 universe on average, especially seen in the tech sector over the last two years. Our experts will also show how CreditEdge factor-based strategies have tended to succeed in particular during flattening yield curve environments, with the performance of the low credit quality risk strategy tending to be more insulated to interest rate risk on average.
Cumulative returns of top and bottom quintiles formed on EDF and Deterioration Probability (Jan. 2007 - Oct. 2018) vs. the S&P 500 benchmark
|EDF Factor Strategy||Deterioration Probability Factor Strategy|
Questions? Email MA-Webinars@moodys.com.
This webinar has concluded.