{"title":"Systematic investment plans vs market-timed investments","authors":"R. Venkataramani, P. Kayal","doi":"10.1080/17520843.2021.1969086","DOIUrl":null,"url":null,"abstract":"ABSTRACT This paper examines the performance of the Systematic Investment Plan (SIP) and different market timing strategies. The components of the NIFTY50 index are considered for the analysis. The empirical results suggest SIP as a suitable investment strategy for long-term investments and for the stocks belonging to least and moderately volatile. During shocks, absolute momentum investment is a superior short-term investment strategy for highly volatile sectors. Fundamental values also play an important role in deciding the suitable investment strategy. Over the long run, stocks with a higher return on capital employed (ROCE), favours the SIP investment strategy.","PeriodicalId":42943,"journal":{"name":"Macroeconomics and Finance in Emerging Market Economies","volume":null,"pages":null},"PeriodicalIF":1.1000,"publicationDate":"2021-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Macroeconomics and Finance in Emerging Market Economies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/17520843.2021.1969086","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 2
Abstract
ABSTRACT This paper examines the performance of the Systematic Investment Plan (SIP) and different market timing strategies. The components of the NIFTY50 index are considered for the analysis. The empirical results suggest SIP as a suitable investment strategy for long-term investments and for the stocks belonging to least and moderately volatile. During shocks, absolute momentum investment is a superior short-term investment strategy for highly volatile sectors. Fundamental values also play an important role in deciding the suitable investment strategy. Over the long run, stocks with a higher return on capital employed (ROCE), favours the SIP investment strategy.
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
