Over the long run, 55% of US stocks underperformed US Treasury Bill returns, meaning that more than half of individual stocks did worse than the safest government-backed investments. While traditional ...

There is strong evidence of a negative cross-sectional relationship between realized skewness and future stock returns - stocks with negative skewness are compensated with high future returns for ...

Four populations were repeatedly sampled with the aim of examining interval estimation of the cumulative amount, T, of some characteristic that has a positively skewed distribution, a feature of many ...