Cirrus Research, LLC is an independent research firm dedicated to delivering innovative analysis and insights to mid, small and micro cap investors. Our approach is idea driven and disciplined, our services strategic and quantitative, and our products solely focused on the discovery of arbitrage and opportunistic situations for our clients.

In this endeavor we employ historically deep and accurate data across multiple markets. Our products utilize proprietary modeling and valuation tools specifically constructed to analyze and forecast volatility and risk in under-researched areas of the markets. Helping our clients achieve superior risk-adjusted returns through original and anticipatory analyses is our goal.

Cirrus Capsule: Small Caps outperform as Top-line Growth Recovers

The chart below relates recovery in sales growth for Small Cap firms vs. Large Cap over the past 40 years. The vertical shaded bars areas represent periods of economic recession. Swings in growth, as measured by revenues, between smaller and large firms appear cyclical, with Small Caps outperforming Large once a recovery is underway. Notably, Small Cap outperformance can run as long as three to four years. In the current cycle (E), we estimate that the turn in relative top-line growth for Small Caps began in March 2010.