Macro / Regime#459tier 3experimental liveNew

inflation beta rotation

cadence: Dailydata: lowlong onlyshort onlylong short
paper
2020
Source
Boons, M., Duarte, F., de Roon, F., Szymanowska, M. (2020). Time-Varying Inflation Risk and Stock Returns. Journal of Financial Economics 136(2), 444-470.
Read the paper β†’

What it checks

Boons, Duarte, de Roon & Szymanowska (2020): a stock's inflation beta (rolling covariance of returns with CPI growth) is priced and the sign of the inflation risk premium flips across regimes.

Mechanism

Boons, Duarte, de Roon & Szymanowska (2020): a stock's inflation beta (rolling covariance of returns with CPI growth) is priced and the sign of the inflation risk premium flips across regimes. Estimate rolling 36m inflation beta from daily_prices vs FRED CPIAUCSL MoM, condition long/short direction on the current accelerating/decelerating inflation state, tilt to high-inflation-beta names when CPI

No production champion data for this family yet. Stats appear once the discovery pipeline promotes at least one strategy with this family tag, or once a multi-family blend that includes it earns a champion slot.
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Signal rule

Boons, Duarte, de Roon & Szymanowska (2020): a stock's inflation beta (rolling covariance of returns with CPI growth) is priced and the sign of the inflation risk premium flips across regimes. Estimate rolling 36m inflat

Data dependencies

  • daily_prices

    Adjusted-close OHLCV for every US-listed ticker; primary price feed.

  • fred_macro (CPIAUCSL)

    Worker data table, see services/worker schema.

Expected edge

Paper window
Modern daily equity data

risk-premium premium; decay risk 2/5.

Example tickers where this is likely to fire

Illustrative only, the signal fires based on the live data, not a fixed list.

Related families

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See which tickers this family is currently firing on, with live signals and rankings.

For informational and educational purposes only. Not financial advice. Learn more