ELM Wealth’s Haghani Award to reveal the causes of drifting overnight in MEME shares, Bitco – Cryptomode
Haghani, Diewi and Ragulin receive the Harry Marckets Prize for their research
Philadelphia – (Business Wire) –#Bitcoin–Victor HaghaniFounder Dardar wealthAnd it is an independent investment management company that is costly to manage effective wealth, along with his participating researchers, Richard Dewey and Vladimir Rajolin, granted Investment Management Magazine Award (Joim) 2024 Harry Markowitz To search for drifting overnight. This indicates the tendency of some stocks, and other speculative assets such as Bitcoin, to enjoy large returns when closing the markets. Triple Research article, “Night movements: Is drifting overnight Jeddah all anomalous cases in the market?” Current research on this topic by looking at the behavior of individual stocks in addition to the extensive stock market indicators.
“Over the past thirty years, $ 1 was invested in the S&P 500 ETF SPY from open to the conclusion of the stock market had grown to $ 1.21, a rate of return less than the treasury bills,” Hagani explained regarding his research. Meanwhile, one dollar has invested over the past thirty years when the stock exchange was closed – where it was buying every day in the market and selling it in the open market the next day – it has grown to $ 17.17. For many individual stocks, the results are more dramatic. For example, over the past fifteen years since Tesla has become public, it could have turned $ 1 that has been invested during the day to only 48 cents, in only, in When $ 1 was invested in TSLA at night, it would have grown to $ 476.
Haghani and Team considers that drifting overnight “is one of the most stable, important and leaving puzzles, indicating that it is” Jeddah “of all abnormal cases. The 13 -page trio article was published by JOIM in the second edition of 2024. They are scheduled to receive the Harry Marquitz Award for the year 2024 during the July Spring Conference in April at the University of Santa Clara.
To receive the Markowitz Award, which supports future research and innovation in managing practical assets, candidates are chosen by Joim editors and the final award winners are reviewed by Nobel Prize winners at Joim Board of Directors.
The researchers have published an update to their article and came to a tool that calculates the daytime and irrigated return of any stock or stock exchange box (ETF) here.
In addition to the award -winning Haghani paper, he participated in her authorship Missing billionaires: a guide for better financial decisions With the CEO of Elm Wealth James White, who was chosen by The Economist as one of his best books for 2023.
Dardar wealth It was recently launched The first chest health, Elm Market Navigator Etf. It uses the Investing Vensing strategy for the wealth management company that seeks to increase modified returns by risk by adjusting its algorithms from the investment funds traded in the low -cost market as a reaction to the changing market conditions. ELM Wealth does not offer investment strategies related to the effect of the night.
For more information about ELM, contact ELM Partner and the chief trade official Jerry Bell In Jerry@elmwealth.com.
About the wealth
ELM Wealth, an independent investment company based in Philadelphia, was created as a solution to the founder of the founder Victor Haghani for an effective and smart way to manage his family’s wealth. ELM Wealth runs more than two billion dollars of assets, including ELM ETF, for about 500 families as of 2/5/2025.
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