the long-run behaviour and convergence of the market prices, long (short)-run profitability of the fundamental (trend …

market dominance, under and over-reaction, profitability and survivability) and to characterize various statistical … long-run behaviour and convergence of the market prices, long (short)-run profitability of the fundamental (trend following …

Profitability, measured by gross profits-to-assets, has roughly the same power as book-to-market predicting the cross … significantly higher valuation ratios. Controlling for profitability also dramatically increases the performance of value strategies … leverage. Controlling for gross profitability explains most earnings related anomalies and a wide range of seemingly unrelated …

Two recent asset pricing models share a common core of the addition of profitability and investment as factors, but … differ in implementation. We adapt these models for the UK and argue that the Fama–French five-factor profitability factor …