Presenter(s)

    Margaret Eileen Schutter

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    Description

    Empirical research by financial economists show that small cap stocks outperform large cap stocks and value stocks outperform growth stocks over long periods of time (20 years or more). In this study, I extend the previous research by examining returns to portfolios based on size and value but over a much shorter time period, 2009 – 2016, to determine if the traditional outperformance patterns still hold. The 2009 – 2016 period is important because it includes the market rebound from the 2008 recession and has all the appearances of a long run bull market. It is also impacted by one of the most aggressive monetary easing policies in U.S. history. The universe of stocks is the S&P 500. Portfolios are rebalanced yearly.

    Publication Date

    4-18-2018

    Project Designation

    Independent Research

    Primary Advisor

    Tony S. Caporale, Robert D. Dean

    Primary Advisor's Department

    Economics and Finance

    Keywords

    Stander Symposium project

    Investing in S&P 500 Stocks: Do Size and Value Still Matter

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