Latest news with #AIRM
Economic Times
03-05-2025
- Business
- Economic Times
Why you should let data and not market beliefs guide your investment decisions
Modi believes that price is the most important factor in investing. He is credited with developing the AIRM (TM), an approach to screening stocks and businesses in a scientific manner. His role model is Warren Buffett. Synopsis Contrary to the popular "Sell in May and go away" adage, data suggests Indian stock markets perform better from May to October, averaging 7.6% returns compared to November-April's 4%. Analyzing a decade of trends reveals May, June, and July historically show strong probabilities of positive returns. In God we trust, everybody else brings data to the table. It was originally framed by renowned statistician Dr. W. Edwards Deming. But in India, it was popularized by Mr. Narayana Murthy, founder of Infosys - indicating that while faith has its place, but in the world of markets and business - data beats noise. ADVERTISEMENT There is a popular saying in the West that creates lots of noise when the month of May starts: 'Sell in May and go away.' The belief is that stock markets tend to underperform from May to October and do better from November to April. Since this is an age old adage nobody questions it. From the above data, it's evident that despite the second half of the year being packed with major festivals and events, the six-month period from November to April delivered modest average returns of just 4%, with only 6 out of 10 years ending in the the supposedly weaker period - May to October - performed significantly better, delivering an average return of 7.6%, with 8 out of 10 years showing positive results. ADVERTISEMENT Let's go even deeper and examine the upcoming months individually (May, June, and July) The data further reveals that the upcoming months - May, June, and July- have historically shown strong probabilities of delivering positive returns, reinforcing the importance of relying on data instead of market myths. ADVERTISEMENT May, in particular, has performed well across the past decade, often kicking off the summer period on a strong we've seen, markets are often clouded by assumptions and popular narratives. But when we remove the noise and look purely at data, a different perspective emerges - one of steady performance and resilience, even during months traditionally viewed with caution. ADVERTISEMENT The recent market recovery, the return of foreign investors, and a decade's worth of historical trends all point to the same insight: short-term fear shouldn't drive long-term decisions. As responsible market participants one must rely on evidence, not emotion. This is the time to stay informed, stay objective, and let data - not outdated beliefs - guide our next move. (You can now subscribe to our ETMarkets WhatsApp channel) (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains How Pi42 is simplifying crypto trading: CTO Satish Mishra on integrating technical & fundamental insights NEXT STORY
Yahoo
05-02-2025
- Business
- Yahoo
Senate Dems ask Hegseth to probe potential price gouging on military families' housing
Democrats on the Senate Banking Committee are asking Defense Secretary Pete Hegseth to probe what's driving the price hikes in rent and housing costs for military families. Specifically, 15 Democrats — led by the committee's ranking member, Sen. Elizabeth Warren (D-Mass.), and Sen. Ruben Gallego (D-Ariz.) — wrote a letter on Monday asking the Department of Defense (DOD) to investigate whether the high prices are a result of companies and landlords using RealPage's rent-pricing system. RealPage, a property management software company, is facing legal action from the Justice Department and 10 state attorneys general, who argue its rent-pricing system allows landlords to align their rents with each other to stifle competition and increase their own revenue, thereby hurting tenants. 'Services provided by RealPage may enable landlords to raise rents even more aggressively to the detriment of military families,' the lawmakers wrote. 'RealPage's services YieldStar and AIRM help landlords exchange proprietary information about lease terms and rents in order to maximize revenue.' The Senate Democrats are asking DOD to investigate whether landlords and private companies with which DOD has housing contracts are using RealPage's products 'to price gouge military families'; whether the DOD is taking steps to protect military families' data from being disclosed to housing companies; and what steps DOD is taking to ensure military families have access to safe, clean and affordable housing. 'The Department of Defense has a responsibility to protect military families from predatory private housing companies and ensure that taxpayer dollars meant for military families are not being pocketed by unscrupulous landlords,' they wrote. The lawmakers expressed concern, too, that the Basic Allowance for Housing (BAH) — which the DOD provides service members to help with housing costs — is not keeping up with the costs of rent. The Senate Democrats asked DOD to probe, too, reports that landlords are raising rents to profit off BAH increases rather than because of market conditions, citing a study saying this practice is 'common.' 'These findings raise significant concerns that landlords are profiteering by taking taxpayer money that is intended to support military families,' the lawmakers wrote. They also noted that, in 2022, the DOD increased the BAH for 28 areas where rental prices increased dramatically. In 'several' of those areas — according to the Senate Democrats, who cited the DOJ lawsuit — RealPage allegedly 'contributed to excessive rental costs.' RealPage did not respond to a request for comment, but the company has forcefully defended itself against the legal challenges it faces. The company says housing affordability is the 'real problem' and that the purpose of its revenue management system 'is to optimize revenue – not to maximize rents.' The company also has said that some price recommendations include lowering rents – not just raising rents – and that the landlords and companies that use the software are never coerced into accepting the software's pricing recommendations. 'Housing affordability should be the real focus. RealPage is proud of the role our customers play in providing safe and affordable housing to millions of people. Despite the noise, we will continue to innovate with confidence and make sure our solutions continue to benefit residents and housing providers alike,' RealPage CEO and President Dana Jones said in a statement on the company's website, responding to the 'false claims' in 'media and legal filings.' A DOD spokesperson said the Department would respond directly to the authors of the letter. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
The Hill
04-02-2025
- Business
- The Hill
Senate Dems ask Hegseth to probe potential price gouging on military families' housing
Democrats on the Senate Banking Committee are asking Defense Secretary Pete Hegseth to probe what's driving the price hikes in rent and housing costs for military families. Specifically, 15 Democrats — led by the committee's ranking member, Sen. Elizabeth Warren (D-Mass.), and Sen. Ruben Gallego (D-Ariz.) — wrote a letter on Monday asking the Department of Defense (DOD) to investigate whether the high prices are a result of companies and landlords using RealPage's rent-pricing system. RealPage, a property management software company, is facing legal action from the Justice Department and 10 state attorneys general, who argue its rent-pricing system allows landlords to align their rents with each other to stifle competition and increase their own revenue, thereby hurting tenants. 'Services provided by RealPage may enable landlords to raise rents even more aggressively to the detriment of military families,' the lawmakers wrote. 'RealPage's services YieldStar and AIRM help landlords exchange proprietary information about lease terms and rents in order to maximize revenue.' The Senate Democrats are asking DOD to investigate whether landlords and private companies with which DOD has housing contracts are using RealPage's products 'to price gouge military families'; whether the DOD is taking steps to protect military families' data from being disclosed to housing companies; and what steps DOD is taking to ensure military families have access to safe, clean and affordable housing. 'The Department of Defense has a responsibility to protect military families from predatory private housing companies and ensure that taxpayer dollars meant for military families are not being pocketed by unscrupulous landlords,' they wrote. The lawmakers expressed concern, too, that the Basic Allowance for Housing (BAH) — which the DOD provides service members to help with housing costs — is not keeping up with the costs of rent. The Senate Democrats asked DOD to probe, too, reports that landlords are raising rents to profit off BAH increases rather than because of market conditions, citing a study saying this practice is 'common.' 'These findings raise significant concerns that landlords are profiteering by taking taxpayer money that is intended to support military families,' the lawmakers wrote. They also noted that, in 2022, the DOD increased the BAH for 28 areas where rental prices increased dramatically. In 'several' of those areas — according to the Senate Democrats, who cited the DOJ lawsuit — RealPage allegedly 'contributed to excessive rental costs.' RealPage did not respond to a request for comment, but the company has forcefully defended itself against the legal challenges it faces. The company says housing affordability is the 'real problem' and that the purpose of its revenue management system 'is to optimize revenue – not to maximize rents.' The company also has said that some price recommendations include lowering rents – not just raising rents – and that the landlords and companies that use the software are never coerced into accepting the software's pricing recommendations. 'Housing affordability should be the real focus. RealPage is proud of the role our customers play in providing safe and affordable housing to millions of people. Despite the noise, we will continue to innovate with confidence and make sure our solutions continue to benefit residents and housing providers alike,' RealPage CEO and President Dana Jones said in a statement on the company's website, responding to the 'false claims' in 'media and legal filings.' A DOD spokesperson said the Department would respond directly to the authors of the letter.
