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Author:Chan, L. K. C.
Karceski, J.
Lakonishok, J.
Title:New paradigm or same old hype in equity investing?
Journal:Financial Analysts' Journal
2000 : JUL/AUG, VOL. 56:4, p. 23-36
Index terms:Stock markets
USA
Investment
Market research
Capital asset pricing
Quantitative techniques
Language:eng
Abstract:The recent relative stock-price performance of six U.S. equity asset classes differs markedly from the historical pattern. Large-capitalization growth stocks have apparently taken the place of small-capitalization and value stocks in investors' hearts. We explore three explanations of recent market behavior.
SCIMA record nr: 216389
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