%0 Journal Article %1 fama1992crosssection %A Fama, Eugene F. %A French, Kenneth R. %D 1992 %J The Journal of Finance %K data-mining factor-empirical-test factor-investing high-minus-low small-minus-big %N 2 %P 427-465 %R 10.1111/j.1540-6261.1992.tb04398.x %T The Cross-Section of Expected Stock Returns %V 47 %X Two easily measured variables, size and book-to-market equity, combine to capture the cross-sectional variation in average stock returns associated with market 8, size, leverage, book-to-market equity, and earnings-price ratios. Moreover, when the tests allow for variation in p that is unrelated to size, the relation between market p and average return is flat, even when 8 is the only explanatory variable.

@article{fama1992crosssection, abstract = {Two easily measured variables, size and book-to-market equity, combine to capture the cross-sectional variation in average stock returns associated with market 8, size, leverage, book-to-market equity, and earnings-price ratios. Moreover, when the tests allow for variation in p that is unrelated to size, the relation between market p and average return is flat, even when 8 is the only explanatory variable.}, added-at = {2019-04-05T00:51:23.000+0200}, author = {Fama, Eugene F. and French, Kenneth R.}, biburl = {https://www.bibsonomy.org/bibtex/292f2e6dfcbccec8bcdcb60660a195454/antoinefalck}, doi = {10.1111/j.1540-6261.1992.tb04398.x}, interhash = {105cc48d039d15da970608fa961b2fba}, intrahash = {92f2e6dfcbccec8bcdcb60660a195454}, journal = {The Journal of Finance}, keywords = {data-mining factor-empirical-test factor-investing high-minus-low small-minus-big}, number = 2, pages = {427-465}, timestamp = {2019-04-05T15:27:34.000+0200}, title = {The Cross-Section of Expected Stock Returns}, volume = 47, year = 1992 }