Finding 6050Emerging EvidenceValidation V0
Authors sort stocks on 10-year-old FF3-based expected returns, build value-weighted bottom-versus-top 20% spreads using decade-old weights, and test alphas from 1968--2024 across size; transparent R-squared show persistent large-cap betas power.
72%Confidence
1Evidence objects
v1Version
DraftStatus
Evidence trail
Supporting72% linkage confidence
Authors sort stocks on 10-year-old FF3-based expected returns, build value-weighted bottom-versus-top 20% spreads using decade-old weights, and test alphas from 1968--2024 across size; transparent R-squared show persistent large-cap betas power.
key_findings bullet 2 · key_findings
Inspect source: NBER WORKING PAPER SERIES PRICING WITHOUT MISPRICING ... →This Finding was extracted from the configured corpus. It is versioned, traceable, and may evolve through editorial review or new corpus evidence.