Sentences with phrase «over glamour stocks»
This phenomenon obviously presents a problem for the efficient markets crowd because the historic excess returns of value stocks over glamour stocks can not be explained by the traditional CAPM model.
https://greenbackd.com/ Not exact matches
In a new paper Value vs Glamour: A Global Phenomenon (via SSRN) The Brandes Institute updates the landmark 1994 study by Josef Lakonishok, Andrei Shleifer, and Robert Vishny investigating the performance of value stocks relative to that of glamour securities in the United States over a 26 - year Glamour: A Global Phenomenon (via SSRN) The Brandes Institute updates the landmark 1994 study by Josef Lakonishok, Andrei Shleifer, and Robert Vishny investigating the performance of value stocks relative to that of glamour securities in the United States over a 26 - year glamour securities in the United States over a 26 - year period.
Market capitalization - weighted returns are useful for demonstrating that the outperformance of value over glamour is not a function of the value portfolios containing smaller stocks.
Statistically inexpensive «value» stocks have on average outperformed statistically expensive «glamour» stocks across the board over the long - term