Momentum in Stock Returns Assignment | Homework For You
May 22nd, 2020
i. In the data, the momentum portfolio has positive alpha under the CAPM but not under the Fama-French 3-factor model.
ii. The momentum portfolio will load slightly towards growth stocks.
Momentum could be considered an example of overreaction, as good news in the past makes investors gradually more optimistic, which creates price continuation.
iv. Momentum is an example of a contrarian strategy. Get Finance homework help today
Don't use plagiarized sources. Get Your Assignment on
Momentum in Stock Returns Assignment | Homework For You
Just from $13/Page