Honors in Business
Date of Award
William J. Trainor Jr.
Thesis Professor Department
Economics and Finance
Edward A. Baryla Jr., Scott Jeffress
This is a study about abnormal characteristics in the stock market and how to successfully use them in personal portfolios. Market anomalies are unexpected excess returns that occur in relation to certain variables. Five commonly known market anomalies (market cap, price-earnings ratio, price-book value, momentum, volatility) are tested to give evidence for their presence. Existing variables are then combined in different portfolios in order to observe whether they generate greater excess returns combined rather than individually. This study will also reveal whether long-term holding is possible and how the anomalies react in bullish and bearish markets.
East Tennessee State University
Honors Thesis - Withheld
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This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 License.
Steinfeldt, Larissa C., "Do Market Anomalies Add Up?" (2014). Undergraduate Honors Theses. Paper 192. https://dc.etsu.edu/honors/192
Copyright by the authors.