Study of Asymmetric Risk Premium in Value and Growth Stocks Based on P/E Ratio
In this thesis we predict asymmetric risk premium in both<br />value and growth stock portfolios. There are two competing<br />approaches to explain value premium: Market Over-reaction<br />Hypothesis based on which agents overstate future returns on growth<br />stock, and Ra...
| Main Authors: | , , |
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| Format: | Article |
| Language: | fas |
| Published: |
University of Tehran
2013-10-01
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| Series: | تحقیقات مالی |
| Subjects: | |
| Online Access: | https://jfr.ut.ac.ir/article_51076_bf76cc75eb542af4c135c77773ba6649.pdf |