Market Timing with the Motilal Oswal Value Index (MOVI)

In the 6th part on the series on tactical asset allocation techniques based on market timing, we evaluate the Motilal Oswal Value Index (MOVI) over five-year vs ten-year periods. The MOVI index data is available at the Motilal Oswal website used a combination of  Nifty price to earnings ratio (PE), price to book value (PB) and dividend yield … Continue reading Market Timing with the Motilal Oswal Value Index (MOVI)

Buying on market dips: How effective is it?

One thing is clear from this series on market timing. There is a lot of inertia when it comes to selling equity and moving to debt in the name of timing. Many seem to prefer "buying on dips". That is whenever they "feel" there is a "buying opportunity". So for the 4th part in this … Continue reading Buying on market dips: How effective is it?

Tactical Asset Allocation Backtest Part 3: Short-Term Vs Long-Term

In the third part on the series on tactical asset allocation techniques based on market timing, we evaluate the Market PE and Ten-month moving average methods over five-year vs ten-year periods and also change the equity allocation in the portfolio from 30% to 50% to 70%. In addition, we also use the method followed by Franklin … Continue reading Tactical Asset Allocation Backtest Part 3: Short-Term Vs Long-Term

Market Timing With Ten Month Moving Average: Tactical Asset Allocation Backtest Part 2

As mentioned last week, I am starting a new series on tactical asset allocation techniques based on market timing. In this first part, we looked at the index PE (price to earnings ratio) as a buy/sell signal. In the second part, we consider the ten-month moving average (10 MMA) of the Index price. There are still … Continue reading Market Timing With Ten Month Moving Average: Tactical Asset Allocation Backtest Part 2

Market Timing with Index PE Ratio: Tactical Asset Allocation Backtest Part 1

I am starting a new series on tactical asset allocation techniques based on market timing. In this first part, we will look at the index PE (price to earnings ratio) as a signal. In this series, results from a backtest with Sensex and/or S&P 500 data will be presented and is one of the most … Continue reading Market Timing with Index PE Ratio: Tactical Asset Allocation Backtest Part 1