Email: info@paritascapital.com   Phone: (203) 717-1620

Investing

Tech Giveth; Tech Taketh Away

The S&P 500® Information Technology Index has been on a significant bull run for quite some time now, especially since the beginning of 2017. It has outpaced the other S&P 500® sectors by a wide margin. It also has the largest weight within the S&P 500® Index, significantly contributing to the S&P...

Q4 2017 Investment Commentary

Our evaluation of market risk remained low during the 4th quarter. As a result, we maintained a below average allocation to Fixed Income in the GWS portfolio with an average allocation of 30.48% during the 4th quarter. Volatility continued to be muted through the 4th quarter as it has been during all of...

Is the Next Market Pullback Imminent?

It’s been a noteworthy year for the U.S. equity market. Beyond reaching record highs, the S&P 500 is on track to post its 9th consecutive year of gains. The only other time this happened was 1991 through 1999 on the run up leading to the tech bubble. Furthermore, the index hasn’t had a 3%...

Quantify The Risk

We calculate the risk of each individual asset in our portfolio to ensure we know exactly how it is behaving.

We analyze prices to determine movements and calculate statistics, such as correlation and volatility, that help us construct our risk value.

If risk is unknown, it cannot be managed. We are able to effectively manage risk by being able to quantify it.

Optimize the Risk

We use the power of today's computers to calculate the optimal amount of capital needed to achieve a specific risk target for each asset.

The optimizer evaluates each asset in the portfolio and determines whether or not it is contributing the right amount of risk to the overall portfolio.

Allocate the Capital

We invest the assets in the portfolio according to the capital amounts calculated during our optimization.

Communication Services
Company Ticker(s) New Sector Old Sector
Facebook FB Communication Services Information Technology
Alphabet GOOG/GOOGL Communication Services Information Technology
Activision Blizzard ATVI Communication Services Information Technology
Electronic Arts EA Communication Services Information Technology
Take-Two Interactive Software Inc. TTWO Communication Services Information Technology
Twitter TWTR Communication Services Information Technology
Walt Disney DIS Communication Services Consumer Discretionary
Comcast Corporation Class A CMCSA Communication Services Consumer Discretionary
Netflix NFLX Communication Services Consumer Discretionary
Charter Communications Inc. Class A CHTR Communication Services Consumer Discretionary
Twenty-First Century Fox Inc. Class A FOXA Communication Services Consumer Discretionary
CBS Corporation Class B CBS Communication Services Consumer Discretionary
Omnicom Group Inc OMC Communication Services Consumer Discretionary
Twenty-First Century Fox Inc. Class B FOX Communication Services Consumer Discretionary
Viacom Inc. Class B VIAB Communication Services Consumer Discretionary
Interpublic Group of Companies Inc. IPG Communication Services Consumer Discretionary
DISH Network Corporation Class A DISH Communication Services Consumer Discretionary
Discovery Communications Inc. Class C DISK Communication Services Consumer Discretionary
News Corporation Class A NWSA Communication Services Consumer Discretionary
TripAdvisor Inc. TRIP Communication Services Consumer Discretionary
Discovery Communications Inc. Class A DISCA Communication Services Consumer Discretionary
News Corporation Class B NWS Communication Services Consumer Discretionary
AT&T Inc. T Communication Services Telecommunication Services
Verizon Communications Inc. VZ Communication Services Telecommunication Services
CenturyLink Inc. CTL Communication Services Telecommunication Services