Style Box Analysis: March 31, 2019
Brian Gilmartin, CFA
9.36K Followers
Summary
- Small and Mid Cap Value is starting to close the underperformance gap between it and Growth.
- Large Cap Growth's premium to Value has widened out substantially again in the last 6 weeks.
- Value hasn't had a substantial performance premium to Growth since 2016.
What's interesting about the Style Box update the last 6 weeks is that Small and Mid Cap Value is starting to close the underperformance gap between it and Growth.
Large Cap Growth's premium to Value has widened out substantially again in the last 6 weeks.
That Growth premium might have something to do with this, i.e., yesterday's post on expected 2019 EPS growth for the top 10 S&P 500 stocks.
Value hasn't had a substantial performance premium to Growth since 2016.
Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.
This article was written by
9.36K Followers
Brian Gilmartin, is a portfolio manager at Trinity Asset Management, a firm he founded in May, 1995, catering to individual investors and institutions that werent getting the attention and service deserved, from larger firms. Brian started in the business as a fixed-income / credit analyst, with a Chicago broker-dealer, and then worked at Stein Roe & Farnham in Chicago, from 1992 - 1995, before striking out on his own and managing equity and balanced accounts for clients. Brian has a BSBA (Finance) from Xavier University, Cincinnati, Ohio, (1982) and an MBA (Finance) from Loyola University, Chicago, January, 1985. The CFA was awarded in 1994. Brian has been fortunate enough to write for the TheStreet.com from 2000 to 2012, and then the WallStreet AllStars from August 2011, to Spring, 2012. Brian also wrote for Minyanville.com, and has been quoted in numerous publications including the Wall Street Journal.