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Where Is the value premium?
The value premium is driven by 7 percent of the stock market. The 93 percent of market capitalization held most by institutional investors is value premium free. In contrast, in stocks held most by individual investors, the value premium, even when the stocks are value weighted, reaches a staggering 185 bps per month. In addition, the value premium is a long-side anomaly. It is a value premium puzzle, not a growth discount puzzle..Printed Journal
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| FAJ6402 | PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | Virginia: CFA Institute 2008 |
|---|---|
| Edisi | Vol. 64, No. 2, Mar. - Apr., 2008 |
| Subjek | Portfolio management Asset allocation Equity strategies Equity investments Fundamental analysis and Valuation models |
| ISBN/ISSN | 0015198X |
| Klasifikasi | NONE |
| Deskripsi Fisik | 8 p. |
| Info Detail Spesifik | Financial Analysts Journal |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas |