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Do other popular investment strategies, like long the market and short Treasury Bills, long small stocks and short large stocks, and long value stocks and

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Do other popular investment strategies, like long the market and short Treasury Bills, long small stocks and short large stocks, and long value stocks and short growth stocks, explain a lot or only a little of the variability in returns of the long-short momentum hedge fund strategy in the far-right column of the Q1 table?Answer "A LOT" or "A LITTLE".What from the regression output best supports your conclusion?

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Momentum docile spread 19212014 Past Winners Long/Short Decile 10 [10-1) Beta from CAPM -0.17 Beta on Market Factor .2 -0.07 Beta on Value Factor

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