Chen, Lin; Qin, Lu; Zhu, Hongquan - In: International Review of Economics & Finance 36 (2015) C, pp. 119-127
according to the magnitude of opinion divergence are significantly profitable. The expected returns of portfolios with small … opinion divergence are significantly higher than other portfolios, particularly for small companies. When this pricing factor … is included in the CAPM and the Fama–French three-factor model, the influence of opinion divergence on stock returns …