John Kosar, CMT and president and Jack Kosar, Vice-PresidentThe key to consistent, higher returns lies in data-backed insights for informed decision-making. After all, hard, proven numbers ensure bias-free trading decisions—as they say, ’numbers don’t lie’.
Asbury Research taps into understanding, emerging as an equity research leader offering a fully data-driven investment insights approach. The firm is renowned for accurate, precise investment insights, primarily focusing on the U.S. stock market and extending its research to commodity markets and individual stocks. It executes investment strategies predominantly through exchange-traded funds (ETFs).
What drives the Asbury engine is John Kosar's 40 years of hands-on experience on the trading floors, combined with Jack Kosar’s academic excellence and expertise in back-testing, creating a powerful blend of practical insights and rigorous analysis. The duo developed a ’follow the money’ philosophy, tracking where the real investment money flows rather than driving decisions based on speculations or forecasting. This approach positions their clients advantageously in the trading playground, giving them a head start into market metrics before it becomes buzzworthy.
“Market predictions and speculations are intelligent guesses at best. We want to see where people are voting with their dollars,” says John Kosar, CMT and president at Asbury Research. "At Asbury, we're tracking quantitative metrics that reveal investor conviction, the urgency to buy, and the relative relationships between asset classes.”
Asbury analyzes market breadth to gauge the strength of upward momentum—whether it's driven by broad participation, like all 100 stocks in an index climbing together, or by a few large-cap stocks pulling the rest along. Essentially, the firm gauges the market's collective wisdom and this deep understanding has enabled the company to develop a suite of models combining market insights and analytics.
Asbury’s flagship models include the correction protection model (CPM) and the sector ETF asset flow (SEAF) Model. CPM is a dynamic stock bond allocation model that helps clients swiftly shift between investing in stocks (risk on) and investing in bonds (risk off). The model's flexibility and consistent returns made it popular among risk-averse clients, especially older, retired individuals who prefer stability. The second flagship model, SEAF is a sector rotation model that follows the flow of investments guiding clients to promising market sectors.
Another standout offering, the U.S. versus the world model measures the strength of the US S&P 500 against 25 global equity markets. The U.S. stock market typically outperforms global markets; however, when this trend does not hold, the model identifies profitable global equity opportunities for clients.
At Asbury, we're tracking quantitative metrics that reveal investor conviction, the urgency to buy, and the relative relationships between asset classes.
Client-centricity—at its Finest
Asbury’s proactive strategies and models benefit a wide range of clients, such as RIAs, high-net-worth individuals and many engineers, who believe in the firm’s analytical outlook. Through a collaborative approach, it tailors research and customizes portfolios according to the client's needs. As market dynamics change, the company modifies its models accordingly. Constantly assessing and refining its models by back testing five-to-seven years, the firm remains attuned to the current trends.
“We have invested a lot of time to find out how the market drivers operate and focused our efforts to hone models that help our clients navigate the market,” states Jack Kosar, vice president at Asbury Research.
The company’s customer-centricity shines through its focus on client education, teaching them about the market, industry verbiage, how the industry operates and how to integrate Asbury’s tools to their advantage. It holds monthly teach-in sessions, led by John Kosar designed to empower clients through knowledge and guide them to confidently implement insights. This combination of adaptability, education, tailored models and data-driven research makes Asbury a trusted partner in the world of equity research, transforming data into informed investment decisions.
