Anomaly mythology: Factors that predict stock market returns exciting, but not reliable
March 04, 2024
March 04, 2024
ANN ARBOR, Michigan, March 4 -- The University of Michigan issued the following news:
Study: Expensive anomalies
Stock market anomalies, which by their nature perform contrary to the notion of efficient markets, are appealing to investors.
They're also risky because they are mercurial--rising, falling and vaporizing, seemingly on a whim.
New research by Nejat Seyhun of the University of Michigan Ross School of Business and others decodes some o . . .
Study: Expensive anomalies
Stock market anomalies, which by their nature perform contrary to the notion of efficient markets, are appealing to investors.
They're also risky because they are mercurial--rising, falling and vaporizing, seemingly on a whim.
New research by Nejat Seyhun of the University of Michigan Ross School of Business and others decodes some o . . .