Research & Whitepapers

Deja vu All Over Again: Serial Correlation and Micro-Cap Equities

View a historical analysis of how micro-cap equity returns are distributed over time. (2017)

The State of the IPO Market

With the proper approach and analysis, IPOs represent a sound investment. Looking at IPOs by market capitalization and industry segment helps to narrow and focus the decision about whether a given IPO makes sense. (2016)

Dollar Strength and Small-Cap Stock Returns

With a continued run of a strong dollar, will money begin flowing back into Small-Cap stocks? We look at the reasons why this may just happen. (2015)

Are Micro-cap stock valuations high or low? Maybe both.

Evidence that an accurate assessment of valuation for the micro-cap asset class requires a deeper analysis of the index (2013)

Interest Rate Hikes and Small-Cap Stock Returns

Learn how small cap stocks have performed following previous hikes in interest rates. (2013)

The Micro-Cap Advantage: How MicroCap Equities Have Helped Enhance Return and Lower Correlation in Client Portfolios

Perritt Capital Management Founder Dr. Gerald W. Perritt’s white paper on The Micro-Cap Advantage. (2013)

Observations of Inflation Expectations’ Effect on Risk Assets in the Post-Crisis Period

An analysis of how higher inflation expectations have affected risk-assets in the new, zero-bound interest rate environment. (2013)

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