Publication Date
1-1-1998
Document Type
Dissertation/Thesis
First Advisor
Chittenden, William
Degree Name
B.S. (Bachelor of Science)
Legacy Department
Department of Finance
Abstract
This study, based upon recently published research on the subject, investigates mean reversion in large portfolios of stocks. Portfolios were formed based upon E/P ratios and industry diversification using firms listed on the New York Stock Exchange from 1977 to 1996. Analysis of the data confirms the presence of mean reversion but disagrees with other published works on the timing of the reversion. This study attempts to address unanswered questions concerning mean reversion. Particularly, the study discusses how investors can practically apply knowledge of mean reversion through contrarian investment strategies.
Recommended Citation
Steinberg, Wade, "Return to Higgledy-Piggledy Growth Again and Again" (1998). Honors Capstones. 966.
https://huskiecommons.lib.niu.edu/studentengagement-honorscapstones/966
Extent
10 pages
Language
eng
Publisher
Northern Illinois University
Rights Statement
In Copyright
Rights Statement 2
NIU theses are protected by copyright. They may be viewed from Huskie Commons for any purpose, but reproduction or distribution in any format is prohibited without the written permission of the authors.
Media Type
Text
