PT  - JOURNAL ARTICLE
AU  - J. Christopher Hughen
AU  - Jack Strauss
AU  - J.P. Tremblay
TI  - Practical Applications of Adding Value in Student-Managed Funds: <em>Benchmark and Sector Selection</em>
AID  - 10.3905/pa.6.4.325
DP  - 2019 Apr 30
TA  - Practical Applications
PG  - 1--6
VI  - 6
IP  - 4
4099  - https://pm-research.com/content/6/4/1.12.short
4100  - https://pm-research.com/content/6/4/1.12.full
AB  - In Adding Value in Student-Managed Funds: Benchmark and Sector Selection, from the Winter 2018 issue of The Journal of Trading, authors J. Christopher Hughen, Jack Strauss, and J.P. Tremblay (all of the Daniels College of Business at the University of Denver) propose a low-risk approach for portfolio management that offers significant opportunities for alpha generation. They focus on midcap stocks and propose a formal sector allocation strategy to identify mispriced sectors. The authors recommend using the ratio of enterprise value (EV) to EBITDA to determine which sectors to over- and underweight in portfolio allocation.TOPICS: Portfolio construction, performance measurement