Bridge over ocean
1 March 1999 Research Foundation

Long-Range Forecasting (Full Monograph PDF)

This monograph introduces simple "investment value" models for forecasting longer-range returns to stocks and bonds.

  1. William S. Gray, CFA
Long-Range Forecasting (Full Monograph PDF) View the full book (PDF)

This monograph introduces simple "investment value" models for forecasting longer-range returns to stocks and bonds. The author based the models on patterns of longer-range financial market behavior visible in 1926-1996 data. He describes the derivation of the models, their factors, tests of the models, and the implications of his findings for investment management.

We’re using cookies, but you can turn them off in Privacy Settings.  Otherwise, you are agreeing to our use of cookies.  Accepting cookies does not mean that we are collecting personal data. Learn more in our Privacy Policy.