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. The concept of internal rate of return is used for comparison.
Robert Lichello's Automatic Investment Management system for timing the stock market is explained in this article 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.