Miner Company
Why I Stopped Reading 10-Year Rolling Return Charts
The S&P 500 has rebounded to near-record highs, defying warnings from 10-year rolling return and P/E regression charts. Reliance on 10-year rolling return correlations is flawed due to non-independent, overlapping data points that undermine statistical validity.
The S&P 500 has rebounded to near-record highs, defying warnings from 10-year rolling return and P/E regression charts. Reliance on 10-year rolling return correlations is flawed due to non-independent, overlapping data points that undermine statistical validity.