Foresight Australian Small Cap Factor Report
Australian small caps (X100 stocks by market cap) represent a strong growth opportunity in the Australian share market according to our latest factor report. Importantly, the growth drivers in this segment of the market are not financially levered. Valuation on the basis of book yield and shareholder yield continues to be highly supportive. Volatility, both over long (3 year) and short (1 year) terms, continues to be much higher than the broader market.