Based on the Fama's three-factor model (FF3) and five-factor model (FF5), this study adds a
low-priced stock premium factor LPP, and then builds a new four-factor and six-factor model …

Research in several financial markets has shown that low priced shares significantly
outperform high priced shares on a risk-adjusted return basis. This phenomenon is referred …

This study investigates the low-price effect on the Polish stock market. By adopting sorting,
cross-sectional tests and checks of the monotonic relation, we have examined the …

Since the appearance of the one-period, two-parameter capital asset pricing model (CAPM)
of Sharpe (1964), Lintner (1965), and Black (1972), researchers have continued to …

The low price effect simply purports that low priced shares significantly outperform high
priced shares on a risk-adjusted return basis. The objective of the study was to test the …

The incredible January effect : the stock market's unsolved mystery | CiNii Research CiNii 国立
情報学研究所 学術情報ナビゲータ[サイニィ] 論文・データをさがす 大学図書館の本をさがす 日本の博士 …

The low price effect is a phenomenon where low priced stocks significantly outperform the
high priced stocks on a risk-adjusted basis. The objective of this study was to test the …

Niniejszy artykuł prezentuje badanie poświęcone anomalii niskiej ceny na polskim rynku
akcji. Wykorzystując sortowanie, metody analizy przekrojowej oraz testy relacji …

Can we predict returns based on… raw prices? Does the nominal price forecast future
performance? Is it better to invest in low-or high-priced stocks? The relevant evidence …