The well-documented market underperformance of the majority of value and growth stocks
over a 12-month holding period reflects that traditional valuation metrics might tell us …

The study compares the performance of alternative implementations of both time-series and
cross-sectional momentum strategies across 24 markets. We find that over our sample …

This article examines the added value of combining price momentum with various value
strategies in the Finnish stock market during the period 1993–2008. The results show that …

Purpose–The purpose of this research is to study the extent to which various price and
earnings momentum measures can be used to enhance portfolio performance by better …

Purpose–The purpose of this paper is to examine the added value of combining a
momentum indicator with a value indicator in varying stock market conditions …

The aim of this thesis is to examine whether the pricing anomalies exists in the Finnish stock
markets by comparing the performance of quantile portfolios that are formed on the basis of …

We show that stock prices underreact when there is a political event, reflected in higher
momentum returns. We conjecture that political news crowds out stock news cause investors …

Momentum is one of numerous market anomalies highlighted over the last 30 or more years,
bringing into question the efficiency of markets around the world. However, the question is …

Industry-level equity research is a relatively small but rapidly growing area of interest to
finance academics. Costs of equity estimation as well as investigations into various …

Numerous studies have found that profits that can be realised from following a momentum-
based investment strategy of buying recent outperforming stocks (winners) and selling …