Senarathne, Chamil W. - In: Journal of capital markets studies 3 (2019) 2, pp. 137-156
Purpose - The purpose of this paper is to examine whether Fama-French common risk-factor portfolio investors herd on a …-Data Library. CSAD driven by fundamental and non-fundamental information is assessed using Fama-French five-factor model. Findings … information or non-fundamental information, for any region under consideration. However, Fama-French common risk-factor portfolio …