UBS Equities-Asia Style Guide _Momentum rebounded_ Stephens-108552200
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- 📄 文件全名
- 《UBS Equities-Asia Style Guide _Momentum rebounded_ Stephens-108552200.pdf》
- 🎯 适合读者
- 战略规划行业研究员
- 📊 核心数据
- Momentum had positive returns of 3.3% on a long-short basis. Value factors were also
- up MoM in May, with Dividend Yield and Free Cash Flow Yield being the bestperforming factors, each gaining 4.5% and 3.5% MoM. Although returns were
- suffered losses. EPS Growth was the worst performer in May, down 3.6% MoM.
- The macro environment's explanatory power remained flat, at 43%, in May. The main
- from 22% of variance in April to 20% in May. The explanatory power inched up instead
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