A comprehensive analysis focused on how to use the AIM system to manage a small portfolio of multiple exchange traded funds. Includes 15+ years of data to perform a detailed empirical analysis.
A detailed analysis of the AIM algorithm when varying the check frequency, % initial investment in equity, and high/low/medium beta ETFs. Concept of internal rate of return is used for comparison.
Back-Testing the Robert Lichello Automatic Investment Management (AIM) System for Timing the Stock Market
Robert Lichello's Automatic Investment Management system for timing the stock market is explained with buy/sell examples. Additionally, the system is tested using over 10-years of price history of the S & P Depository Receipt ETF (ticker SPY) and compared to buy and hold strategy.