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The book-to-market effect is when firms with lower B/M ratio outperform higher B/M ratio firms with higher B/M ratio outperform lower B/M ratio firms with
The book-to-market effect is when
- firms with lower B/M ratio outperform higher B/M ratio
- firms with higher B/M ratio outperform lower B/M ratio
- firms with lower B/M ratio have the same performance as the higher B/M ratio
- there is no such thing as B/M effect
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Tidy Finance With R
Authors: Christoph Scheuch, Stefan Voigt, Patrick Weiss
1st Edition
1032389346, 978-1032389349
