Dissecting Anomalies. EUGENE KENNETH R. FRENCH. Eugene F. The asset growth and profitability anomalies are less robust. There is. By Eugene F. Fama and Kenneth French; Abstract: The anomalous returns associated with net stock issues, accruals, and momentum are. Eugene F. Fama & Kenneth R. French, “Dissecting Anomalies,” Journal of Finance, American Finance Association, vol. 63(4), pages , August.
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You can help frnch errors and omissions. Help us Corrections Found an error or omission? If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. Among profitable firms, higher profitability tends to be associated with abnormally high returns, but there is little evidence that unprofitable firms have unusually low returns.
Copyright c The American Finance Association. Most users should sign in with their email address. As the access to this document is restricted, you may want to search for a different version of it. Close mobile search navigation Anomalis navigation. Abstract A five-factor model that adds profitability RMW and investment CMA factors to the three-factor model of Fama and French suggests a shared story for several average-return anomalies.
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Corrections All material on this site frenh been provided by the respective publishers and authors. This allows to link your profile to this item. Sign in via your Institution Sign in. This article is also available for rental through DeepDyve. The asset growth and profitability anomalies are less robust. If you are a registered author of this item, you may also want to check the “citations” tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Citing dlssecting via Web of Science You could not be signed in. For Permissions, please e-mail: We have no references for this item. Oxford University Press is a department of the University of Oxford. The anomalous returns associated with net stock issues, accruals, and momentum are pervasive; they show up in all size groups micro, small, and big in cross-section regressions, and they are also strong in sorts, at least in the extremes.
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