The long / short strategy generated excess returns of 45 basis points per month, 50 % higher than the 31 basis points per month generated by
the unconditional quality strategy, despite running at lower volatility (10.4 % as opposed to 12.2 %).
The long / short strategy generated excess returns of 45 basis points per month, 50 % higher than the 31 basis points per month generated by
the unconditional quality strategy, despite running at lower volatility (10.4 % as opposed to 12.2 %).