Question

What are the key characteristics of the following anomaliesL (i) size; (ii) value; and (iii) low beta? (any theoretical justification on each would be helpful)

Answer 1

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Summary- In this study we explore the relationship between size value and low beta we try to find out whether there is some causality in the variables when they are subject to time varying treatment.Finding from our study we can say low beta factor is the most persistent factor and other factors shows some amount of significance.The result of the study will provide better insights to investors in understanding the risk return characteristics that exist among the factors which may effect the stock prices.