Handbook of applied investment research

書誌事項

Handbook of applied investment research

editors, John B. Guerard, William T. Ziemba

(World Scientific handbook in financial economic series, v. 9)

World Scientific, c2021

  • : hardcover

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注記

Includes bibliographical references and index

内容説明・目次

内容説明

This book introduces the readers to the rapidly growing literature and latest results on financial, fundamental and seasonal anomalies, stock selection modeling and portfolio management. Fifty years ago, finance professors taught the Efficient Markets Hypothesis which states that the average investor could not outperform the stock market based on technical, seasonal and fundamental data. Many, if not most faculty and investors, no longer share that opinion. In this book, the authors report original empirical evidence that applied investment research can produce statistically significant stock selection and excess portfolio returns in the US, and larger excess returns in international and emerging markets.

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