https://www.novatero.investments/blog daily 0.75 2025-04-16 https://www.novatero.investments/blog/2025/4/21/country-based-investing-at-the-decline-of-american-exceptionalism monthly 0.5 2025-04-21 https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/bdff4ee9-433b-4e8e-9389-7550f5aed48f/Screenshot+2025-04-20+at+3.53.58%E2%80%AFPM.png Blog - Country-Based Investing at the Decline of American Exceptionalism - Make it stand out Figure 3. Performance of the GAIA variants and SPY since November 2024 (through April 18th, 2025). https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/2765bbfe-9df7-439a-afc7-d6e351e71e81/Screenshot+2025-04-20+at+3.49.31%E2%80%AFPM.png Blog - Country-Based Investing at the Decline of American Exceptionalism - Make it stand out Figure 6. Daily returns of the GAIA variants and SPY from 2024 through April 18th, 2025. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/21270309-ef4f-47b2-bb4f-e92f2533c1de/Screenshot+2025-04-20+at+3.45.38%E2%80%AFPM.png Blog - Country-Based Investing at the Decline of American Exceptionalism - Make it stand out Figure 2. Daily returns of the GAIA variants and SPY over 2025 YTD (through April 18th). https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/c556a0d6-cbe2-4758-b05b-d975d747836f/Screenshot+2025-04-20+at+3.52.35%E2%80%AFPM.png Blog - Country-Based Investing at the Decline of American Exceptionalism - Make it stand out Table 1. Performance statistics of the GAIA variants and SPY over 2025 YTD (through April 18th). Sharpe ratio was calculated assuming a risk-free rate of 4.25%. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/e0d1fdf7-0767-47eb-90bc-aa3295483922/Screenshot+2025-04-20+at+3.50.00%E2%80%AFPM.png Blog - Country-Based Investing at the Decline of American Exceptionalism - Make it stand out Table 4. Correlations of strategies across the three time periods explored in this article. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/83ba6afb-93ca-445a-91a2-0bbdf61fc83c/Screenshot+2025-04-20+at+3.48.27%E2%80%AFPM.png Blog - Country-Based Investing at the Decline of American Exceptionalism - Make it stand out Figure 5. Performance of the GAIA variants and SPY from 2024 through April 18th, 2025. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/21c218f8-2673-453d-abfa-9bd573221169/Screenshot+2025-04-20+at+3.45.13%E2%80%AFPM.png Blog - Country-Based Investing at the Decline of American Exceptionalism - Make it stand out Figure 1. Performance of the GAIA variants and SPY over 2025 YTD (through April 18th). https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/9a588533-3397-4490-8212-bd955d950c84/Screenshot+2025-04-20+at+3.46.47%E2%80%AFPM.png Blog - Country-Based Investing at the Decline of American Exceptionalism - Make it stand out Figure 4. Daily returns of the GAIA variants and SPY since November 2024 (through April 18th, 2025). https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/9c4bd300-c171-43cc-b9e4-be23e3eadaf9/Screenshot+2025-04-20+at+3.49.43%E2%80%AFPM.png Blog - Country-Based Investing at the Decline of American Exceptionalism - Make it stand out Table 3. Performance statistics of the GAIA variants and SPY from 2024 through April 18th, 2025. Sharpe ratio was calculated assuming a risk-free rate of 4.25%. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/e135aa60-c0f2-4263-8285-62a3790b5743/Screenshot+2025-04-20+at+3.47.00%E2%80%AFPM.png Blog - Country-Based Investing at the Decline of American Exceptionalism - Make it stand out Table 2. Performance statistics of the GAIA variants and SPY since November 2024 (through April 18th, 2025). Sharpe ratio was calculated assuming a risk-free rate of 4.25%. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/92a394de-abbd-4a7a-a13b-2221a8fb9ebd/Screenshot+2025-04-21+at+11.32.07%E2%80%AFAM.png Blog - Country-Based Investing at the Decline of American Exceptionalism - Make it stand out Table 5. Skewness of strategies across the three time periods explored in this article. https://www.novatero.investments/blog/2025/3/24/is-the-stock-market-a-three-body-problem monthly 0.5 2025-03-24 https://www.novatero.investments/blog/2025/2/19/fix-our-hearts-or-die monthly 0.5 2025-02-20 https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/50ebc538-b098-4126-b933-353a7e11a2d9/Screenshot+2025-02-14+at+4.32.42%E2%80%AFPM.png Blog - Fix Our Hearts or Die: Investing, Collectivism, and Coffee Can - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.novatero.investments/blog/2025/2/5/after-the-time-skip-coves monthly 0.5 2025-02-06 https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/1014ed23-89c7-4d2d-a81b-2923243049d2/undefined+-+Imgur.gif Blog - After the Time Skip: COVES, GAIA, and Capitalizing on the Country Factor - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/fd894351-eded-4a9d-800b-e1eb7dfaf388/Screenshot+2025-02-04+at+8.18.11%E2%80%AFPM.png Blog - After the Time Skip: COVES, GAIA, and Capitalizing on the Country Factor - Make it stand out Figure 4. Three-month return checkpoints for the two switches, their COVES variants, SPY, and the GAIA variant. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/4a65791a-1b08-4726-95d0-014ee7df8195/Screenshot+2025-02-04+at+7.15.43%E2%80%AFPM.png Blog - After the Time Skip: COVES, GAIA, and Capitalizing on the Country Factor - Make it stand out Figure 2. Statistics for the two switch investment types, the COVES variants based on them, SPY, and the traded GAIA variant (GAIA-LO) after one year. 6 month returns are based on May 2024-October 2024. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/8b694371-dd63-4fe6-abf4-a639b0bd6236/Screenshot+2025-02-04+at+7.06.14%E2%80%AFPM.png Blog - After the Time Skip: COVES, GAIA, and Capitalizing on the Country Factor - Make it stand out Figure 1. Statistics for the two switch investment types, the COVES variants based on them, and SPY after six months. The period covered runs from October 2023-April 2024. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/24183b80-4c73-49cf-92fd-c6bfc5b9f93c/Screenshot+2025-02-05+at+8.55.38%E2%80%AFPM.png Blog - After the Time Skip: COVES, GAIA, and Capitalizing on the Country Factor - Make it stand out Figure 3. Additional performance details for the ETF and Option switches and SPY from after 12 months of activity. https://www.novatero.investments/blog/2025/1/23/after-the-time-skip-a-reassessment-of-the-defi-landscape monthly 0.5 2025-01-23 https://www.novatero.investments/blog/2025/1/6/hello-again monthly 0.5 2025-01-07 https://www.novatero.investments/blog/2022/10/22/coves-one-year-in monthly 0.5 2022-10-23 https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/8803097f-04a5-4ed7-9184-b9f4de868ca0/Screen+Shot+2022-10-19+at+8.57.03+PM.png Blog - COVES: One Year In - Make it stand out Table 3. One-Year Return, Standard Deviation, Skewness, and Sharpe ratio as well as a count of positive, negative, and no return days for four VIX ETN-based strategies from October 2021 through September 2022. Risk-free rate for Sharpe ratio was calculated from the 10-year Treasury rate on 9/30/22. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/34f83e2b-4bef-4034-9afb-ce152b5dbff5/Screen+Shot+2022-10-19+at+5.14.09+PM.png Blog - COVES: One Year In - Make it stand out Figure 3. Drawdowns for the five labelled strategies starting in October 2021 through September 2022. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/43c4db04-54bd-4725-ac0c-ef5d43422f91/Screen+Shot+2022-10-19+at+5.26.38+PM.png Blog - COVES: One Year In - Make it stand out Table 1. One-Year Return, Standard Deviation, Skewness, and Sharpe ratio for five labelled strategies from October 2021 through September 2022. Risk-free rate for Sharpe ratio was calculated from the 10-year Treasury rate on 9/30/22. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/8c3386ce-4ac0-4fa1-9bf0-3551c7a68a13/Screen+Shot+2022-10-19+at+5.27.17+PM.png Blog - COVES: One Year In - Make it stand out Table 2. Count of positive, negative, and no return days for the five labelled strategies from October 2021 through September 2022. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/9341707f-b57d-4a8d-8167-8c94e7844b00/Screen+Shot+2022-10-19+at+5.13.30+PM.png Blog - COVES: One Year In - Make it stand out Figure 1. Total return of five labelled strategies over time from October 2021 through September 2022. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/f910055a-1e5b-4757-b4bb-9920e91369c1/Screen+Shot+2022-10-19+at+5.16.46+PM.png Blog - COVES: One Year In - Make it stand out Figure 2. Daily returns for the five labelled strategies from October 2021 through September 2022. https://www.novatero.investments/blog/2022/7/16/when-life-gives-you-lemons-you-paint-that-shit-gold monthly 0.5 2022-07-25 https://www.novatero.investments/blog/2022/4/22/chasing-the-tail-versus-riding-the-walrus monthly 0.5 2022-05-01 https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/950b622e-4989-4344-a6d0-91fca4d0c5ef/What+is+Technology+Adoption_2.png Blog - Chasing The Tail Versus Riding The Walrus - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.novatero.investments/blog/2022/4/15/coves-six-months-in monthly 0.5 2022-04-20 https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/fc4e34c3-c19c-49d9-a345-dae11be2665a/Screen+Shot+2022-04-20+at+1.11.16+PM.png Blog - COVES: Six Months In - Make it stand out Figure 2. Daily returns for the five labelled strategies from October 2021 through March 2022. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/e9fed447-5e2a-4895-804a-18a3f072835f/Screen+Shot+2022-04-20+at+12.10.39+PM.png Blog - COVES: Six Months In - Make it stand out Table 1. Six-Month Return, Standard Deviation, Skewness, and Sharpe ratio for five labelled strategies from October 2021 through March 2022. Risk-free rate for Sharpe ratio was calculated from the 10-year Treasury rate on 4/1/22. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/3d6ad1ba-5d07-45d9-b885-fcfaaeb622fb/Screen+Shot+2022-04-20+at+1.33.32+PM.png Blog - COVES: Six Months In - Make it stand out Table 2. Count of positive, negative, and no return days for the five labelled strategies from October 2021 through March 2022. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/48754d6a-df3b-41bd-bd85-7fda1a680128/Screen+Shot+2022-04-20+at+1.57.30+PM.png Blog - COVES: Six Months In - Make it stand out Figure 3. Drawdowns for the five labelled strategies starting in October 2021 through March 2022. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/0abcb34a-d45b-4723-b24d-5048720c41c6/Screen+Shot+2022-04-18+at+9.20.21+PM.png Blog - COVES: Six Months In - Make it stand out Figure 1. Total return of five labelled strategies over time from October 2021 through March 2022. https://www.novatero.investments/blog/2022/2/26/when-cape-fails monthly 0.5 2022-02-27 https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/a044ba5b-6d62-43e7-8933-a0b4ff1c00c4/Price-Earnings_Ratios_as_a_Predictor_of_Twenty-Year_Returns_%28Shiller_Data%29.png Blog - When CAPE Fails - Make it stand out My goodness, just look at it. It's beautiful. https://www.novatero.investments/blog/2021/11/28/fixing-retail-investing-part-iii monthly 0.5 2021-11-29 https://www.novatero.investments/blog/2021/11/26/omicron-narratives-and-markets-under-correlations-and-over-corrections monthly 0.5 2021-11-29 https://www.novatero.investments/blog/2021/8/24/coves-the-paper-the-proposal-and-an-example monthly 0.5 2022-04-18 https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/1629931873938-VB8CY155UK1UHP577LVE/COVES+Returns.png Blog - COVES: The Paper, The Proposal, and An Example - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/1629924024054-E8HQCS3IBS5074DAU9WX/Screen+Shot+2021-08-25+at+1.39.43+PM.png Blog - COVES: The Paper, The Proposal, and An Example - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/1629866502369-EAL83AN6QDW4BX198MFZ/Screen+Shot+2021-08-24+at+9.40.41+PM.png Blog - COVES: The Paper, The Proposal, and An Example - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/1629866778789-WAOMKPGGXRMUKM8DF4LU/Screen+Shot+2021-08-24+at+9.46.06+PM.png Blog - COVES: The Paper, The Proposal, and An Example - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.novatero.investments/blog/2021/6/20/fixing-retail-investing-part-ii monthly 0.5 2021-06-22 https://www.novatero.investments/blog/2021/5/22/do-not-mistake-the-tool-for-the-end-product-5fywt monthly 0.5 2021-05-26 https://www.novatero.investments/blog/2021/4/18/beyond-the-memes-beyond-the-speculation-defi-tokenization-and-the-asset-that-metaphorically-broke-my-head-wide-open monthly 0.5 2021-04-21 https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/1618956529203-1INCXYRD7DFWOKUHXJDO/2880px-US_Consumer_Price_Index_Graph.svg.png Blog - Beyond Speculation, Beyond the Memes: Crypto, DeFi, and the asset that (metaphorically) broke my head wide open Source: U.S. Department of Labor https://www.novatero.investments/blog/2021/3/21/o70rlv05w9i9l7jh3pn6h489k953nm monthly 0.5 2021-03-22 https://www.novatero.investments/blog/2021/2/24/we-have-never-seen-anything-like-we-have-never-seen-anything-like-gme-well-since-the-last-time-it-happened-well-since-the-last-time-it-happened monthly 0.5 2021-02-25 https://www.novatero.investments/blog/2021/2/13/africa-could-be-the-next-big-thing-too-bad-you-cant-invest-in-it monthly 0.5 2021-03-18 https://www.novatero.investments/blog/2021/1/28/are-you-surprised-that-robinhood-turned-out-to-be-prince-john monthly 0.5 2021-01-29 https://www.novatero.investments/blog/2021/1/26/we-have-never-seen-anything-like-gme-since-the-last-time-it-happened monthly 0.5 2021-02-03 https://www.novatero.investments/blog/2021/1/17/novatero-funds-status-through-q4-2020 monthly 0.5 2021-01-19 https://www.novatero.investments/blog/2021/1/1/mf-doom-delivery-apps-and-the-split monthly 0.5 2021-01-02 https://www.novatero.investments/blog/2020/12/5/research-paper-identification-of-potential-covid-related-insider-trading-by-us-senators-based-on-financial-disclosures monthly 0.5 2021-03-22 https://www.novatero.investments/blog/2020/10/22/now-available monthly 0.5 2021-01-01 https://www.novatero.investments/blog/2020/9/13/research-paper-determination-of-executive-actions-for-self-enrichment-ease-at-the-cost-of-corporate-integrity monthly 0.5 2021-12-23 https://www.novatero.investments/blog/2020/9/6/updates-the-riskreward-of-descending-in-the-fog-and-nickels-in-front-of-a-steamroller monthly 0.5 2020-09-14 https://images.squarespace-cdn.com/content/v1/5c885ef251f4d4af6fac0996/1599440797244-UQTELA3OM3C9M49IM1J4/CAPEvsCAPE10.png Blog - 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