to STAR1). We then perform an unconditional and conditional portfolio performance evaluation. In both cases the evidence … suggests that the better performance of the STAR3, STAR4 and STAR5 categories reflects superior stock selection rather than …-rating system ; CAPM ; conditional and unconditional portfolio performance evaluation …

to STAR1). We then perform an unconditional and conditional portfolio performance evaluation. In both cases the evidence … suggests that the better performance of the STAR3, STAR4 and STAR5 categories reflects superior stock selection rather than …-Rating System ; CAPM ; conditional and unconditional portfolio performance evaluation …