Niederhoffer's Negative Equity Correlation Strategy Still Gains 9.3%

R. G. Niederhoffer Capital Management finished 2013 up 9.3% in the fund’s flagship diversified program, according to an investor letter reviewed by ValueWalk.  The fund's benchmark, the Newedge Short Term Traders Index, was up 3.52% on the year.

Positive performance typically during periods of stock market turbulence

This represented the fund’s best performance in any year that the stock market rose by more than 20%.  Positive performance during generally negative market environments is a noteworthy achievement for a trading strategy.  The fund typically performs positively during market environments of heavy price volatility, periods of time when...