Institutional Presentation
Gamma Investment Program
Gamma Global Macro Model
- The Gamma Investment Program is our institutional suite of forecasting and research products for the major developed and emerging economies covering stock indexes, bonds, individual equities, currencies, commodities, and economic conditions (Table 1).
- The Program is based on our Gamma Global Macro Model, a proprietary, fundamentally-based, nonlinear econometric algorithm that has accurately predicted major trends and inflection points for over 35 years.
- The Gamma Program delivers objective, unbiased, data-driven financial and economic forecasts, investment recommendations, analysis, and research tools needed to preserve and grow wealth.
Gamma Investment Program Features
Analysis and Indicators
- Gamma Macro, Equity, and Economic Intelligence Reports ®
- Concise monthly summary and analysis of Gamma Global Macro Model forecasts and investment recommendations
- Directional Forecast Indicator Tables and Charts
- Monthly expected return forecasts and recommended trade and position recommendations for all Gamma Global Macro Model markets and S&P 500, S&P 400, S&P 600, TSX 60, STOXX 600, Nikkei 225, and ASX 200 constituent companies
- Valuation Indicator Tables and Charts
- Proprietary valuation indicators for all Gamma Global Macro Model markets including valuation-based expected return forecasts
- Behavioral and Sentiment Tables and Charts
- Sentiment-based expected return forecasts.
- Long-Term Economic and Financial Forecasts for Major G-10 and Emerging Market Countries
- Global Economic and Financial Reference Tables and Charts
- Intramonth Updates and Periodic Analytical Papers on Major Economic and Financial Topics.
Gamma Intelligence Reports®
Macro, Equity, and Economic
- The Gamma Intelligence Reports® provide a concise monthly summary and analysis of forecasts and investment recommendations from the Gamma Global Macro Model
Gamma Macro Directional Indicators
Expected Return Forecasts and Recommended Trades
- The Gamma Global Macro Model generates one-month-ahead expected return forecasts and investment recommendations for all the major asset classes. Forecasts are summarized in tables and charts showing the direction of the signal.
Gamma Equity Forecasts
Forecasts and Analysis of Companies, Sectors, and Indexes
- The Gamma Global Macro Model generates expected return forecasts for companies and sectors in the S&P 500, S&P 400, S&P 600, TSX 60, STOXX 600, Nikkei 225, and ASX 200.
Gamma Valuation Indicators
Valuation Measures and Valuation-Based Expected Return Forecasts
- Proprietary measures of market valuation and 1-month to 5-year expected return forecasts based on current valuations. Measures and forecasts are summarized in tables and charts.
Gamma Economic Indicators
International Economic Forecasts
- Long-term economic forecasts covering interest rates, stock indexes, exchange rates, price indexes, output, employment, consumption, and investment for the major developed and emerging economies. Measures and forecasts are summarized in tables and charts.
Gamma Investment Consulting Principals
Karl V. Chalupa is the CEO and Co-Founder of Gamma Investment Consulting and Editor of the Gamma Intelligence
Reports. He is also President of Gamma Capital LLC, a quantitative global macro investment firm. Mr. Chalupa developed
the Gamma Investment Program used for previously trading the firm’s $400 million global macro program. He was
previously Director of Risk Management at Titan Advisors LLC, a $4.5 billion alternative investments firm. Mr. Chalupa
was also Managing Director of the Currency and Alternative Investment Strategies Groups at State Street Global Advisors
(SSGA) where he developed a $9 billion currency overlay program and launched SSGA’s first hedge fund based on his
Gamma Model. Mr. Chalupa spent 13 years at ABN Amro Bank where he traded interest rate and currency derivatives and
was Manager of the Proprietary Trading and Economic Research Desk. He began his career as an economist for the Federal
Reserve Bank of Chicago. Mr. Chalupa holds an MA in Economics from Brown University, graduated magna cum laude
from Northern Illinois University with BAs in Economics and Political Science, and is Series 3 registered.
Nicholas “Claude” Colabella is the Chief Operating Officer and Co-Founder of Gamma Investment Consulting and Co-
Editor of the Gamma Equity Intelligence Report. He was previously Director of Communications and Investor Relations at
Titan Advisors, LLC, a $4.5 billion alternative assets solutions firm. Mr. Colabella has equity research experience working at
Petroleum Research Group, Inc. (Rye, NY), an independent energy equity research boutique and at John S. Herold, Inc., a
leading petroleum research and consulting firm. He was a Managing Partner at Alpha Beta Alternative Investments, Inc., an
alternative investment boutique that managed Alpha Beta Partners, LP, a multi-strategy “fund of funds”. Mr. Colabella holds
an MBA in Finance from Duke University, Fuqua School of Business. He graduated magna cum laude from Manhattan
College, with a BS BA in Economics.
