Gavekal Capital: Swedish Stocks Weakest in World

Friday, November 15, 2013

Swedish Stocks Weakest in World

Over the last month MSCI Sweden stocks have been in a slump. There are 32 of them and they are down on average 3.6%, making them the worst performing country in the MSCI World index.

Over the last 50 days, 44% of Swedish stocks were up and 57% were down. At a net reading of -13%, Sweden has been the worst performer on average.

Sweden has had the fewest days of positive performance over the last 50 days. For Sweden, only 47% of the last fifty trading days were up, which is the lowest in the world as well.

About Gavekal Capital

Gavekal Capital is a US registered investment advisory firm that manages the Gavekal Knowledge Leaders Strategy. Knowledge Leaders are a group of the world’s leading innovators with deep reservoirs of intangible capital. These companies often possess competitive advantages such as strong brand, proprietary knowledge or a unique distribution mechanism. Knowledge Leaders are largely service-based and advanced manufacturing businesses, often operating globally. Gavekal Capital seeks to identify the world’s leading knowledge companies through a proprietary process that analyzes corporate knowledge investments.
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