At What Dip Buy Point One Never Lost on Paper by Investing in $EEM, from Kora Reddy
Working backwards, whenever the trailing 12 month returns on $EEM were less than -9.3% , the forward 12 month returns (by dollar cost averaging?)von dividend adjusted data, based on month end values underlined were 3 non-interleaving instances.
Date $EEM t-12 (%) t+12
Jan-14 38.19 -11.72 ??
Jul-12 38.02 -15.17 1.68
Jun-12 38.03 -16.03 0.34
May-12 36.21 -20.78 11.30
Apr-12 40.55 -13.91 4.44
Mar-12 41.25 -10.01 1.43
Dec-11 36.44 -18.79 19.05
Oct-11 38.83 -9.87 3.01
Sep-11 33.39 -20.16 20.31
Aug-09 32.5 -9.85 15.14
Jul-09 32.93 -14.42 17.43
Jun-09 29.66 -27.16 17.53
May-09 30.34 -33.17 16.55
Apr-09 26.17 -40.54 49.10
Mar-09 22.65 -43.82 72.58
Feb-09 19.38 -53.74 86.53
Jan-09 20.68 -49.66 71.76
Dec-08 22.79 -49.47 68.98
Nov-08 20.66 -54.83 80.49
Oct-08 22.89 -53.79 51.03
Sep-08 30.76 -30.53 16.42
avg 31.25
std 29.10
min 0.34
max 86.53
t-test 4.80