This study of the post–earnings announcement drift and the value–glamour anomaly finds
that value stocks have greater information uncertainty, exhibit more-muted initial market …

This compelling book examines the price-based revolution in investing, showing how
research over recent decades has reinvented technical analysis. The authors discuss the …

Value investing is about buying stocks with strong fundamentals at a low price and selling
the stocks when the ratio gets high. The authors comprehensively review this theoretical …

While the momentum strategy assumes the continuation of the price movement, the reversal
strategies rely on a contrary assumption: predicting the price trend to revert. How can both …

Value premium, which is the return difference between value and growth stocks, is one of
the most important asset pricing anomalies. Value stocks tend to have more returns than …