Value spread as a predictor of stock returns : evidence from China.

• Main Authors: Woon, Wei Xiang., Wong, Shixiang., Sim, Ferarina Yun Rong.
• Other Authors: Chang Xin
• Format: Final Year Project
• Language: English
• Published: 2011
• Subjects: DRNTU::Business::Finance::Portfolio management
• Online Access: http://hdl.handle.net/10356/44194
• Institution: Nanyang Technological University

The objective of this study is to investigate the predictive power of the value spread for stock returns. We conducted the study using China Stock Market & Accounting Research Database (CSMAR) data for the Chinese equity markets. We also analysed the predictive abilities of two other related var...