Title

Is Return on Invested Capital a Priced In Risk Factor in the Equity Market? An empirical analysis of the returns to an ROIC/WACC portfolio weighting model 2009-2021

Authors

Presenter(s)

Nora A. Jackson, Mary Bliss Stitzel

Comments

Presentation: 9:00 a.m.-10:15 a.m., Kennedy Union Ballroom

Files

Description

In this study we take six S&P 500 sectors, consumer discretionary, consumer staples, information technology, financials, healthcare and industrials, and develop sector portfolio weighting models with ROIC/WACC the principle factor loading. The hypothesis we test is the long-term cumulative returns for the sector models outperform the market (S&P 500).

Publication Date

4-20-2022

Project Designation

Independent Research

Primary Advisor

Tony S. Caporale, Robert D. Dean

Primary Advisor's Department

Economics and Finance

Keywords

Stander Symposium project, School of Business Administration

United Nations Sustainable Development Goals

Quality Education

Recommended Citation

"Is Return on Invested Capital a Priced In Risk Factor in the Equity Market? An empirical analysis of the returns to an ROIC/WACC portfolio weighting model 2009-2021" (2022). Stander Symposium Projects. 2657.
https://ecommons.udayton.edu/stander_posters/2657