RevenueShares: Valuation Risk: From Micro to Macro
July 30, 2014 at 07:00 AM EDT
One of the reasons RevenueShares Indexes are included in the “smart beta” category of indexes is based on our methodology’s adherence to reducing excessive exposure to lofty valuations. In the case of equities, valuation risk is the risk that a stock is overvalued and will fetch less than expected...