Nora A. Jackson, Mary Bliss Stitzel
Download Project (78 KB)
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).
Tony S. Caporale, Robert D. Dean
Primary Advisor's Department
Economics and Finance
Stander Symposium project, School of Business Administration
United Nations Sustainable Development Goals
"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.