Monday is all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at the profitability premium.
Chart of the Day
Buyback yields don’t say a whole lot about future market returns.
Research links
- Luck matters but a significant factor should overcome bad luck. (systematicrelativestrength.com)
- The market for baseball cards exhibits financial market-type anomalies. (quantpedia.com)
- Return smoothing and higher Sharpe ratios. (dynamicbeta.com)
- Managed futures tends to perform independently from all asset classes. (valuewalk.com)
- Three factors dominate fixed income returns. (etf.com)
