“The market is not a spreadsheet—it’s an ever-evolving battlefield of liquidity, positioning, and momentum. Adapt or be left behind.” Fundamental analysis assumes price follows value, anchoring asset prices to measurable economic factors like earnings, interest rates, and supply-demand imbalances. But...
Financial market prices are determined by the collective actions of traders and investors, not solely by fundamental values. Each participant brings a distinct perspective on price behaviour, leading them to deploy different models, discretionary or systematic, to inform their...
Market averages are not what they appear to be. The standard framing presents average market returns as a benchmark against which active strategies should be measured: beat the average and you have demonstrated edge, fall short and you...
