Value Stocks beat Growth Stocks: An empirical Analysis for the German Stock Market

Autori

• Christian Schießl

Parametri

• Economia e affari
• Marketing e PR

Maggiori informazioni sul libro

This master's thesis examines the effectiveness of hedge portfolio structures using value premium proxies (P/B, P/E, DY), size, and momentum factors on German stocks from 1992 to 2011. It finds that P/B portfolios yield the highest average monthly return, while the Fama-French three-factor model best explains expected stock returns.

Lingua: Inglese

Pubblicato: 2012

(In brossura)