Abhyankar, Abhay; Ho, Keng-Yu; Zhao, Huainan - In: Quantitative Finance 8 (2008) 7, pp. 693-704
In this paper, we study the relative performance of value versus growth strategies from the perspective of stochastic dominance. Using half a century US data on value and growth stocks, we find no evidence against the widely documented fact that value stocks stochastically dominate growth stocks...