Research Article
Testing the Augmented Fama–French Six-Factor Asset Pricing Model with Momentum Factor for Borsa Istanbul
Table 2
Descriptive statistics for intersection portfolios exceeding the risk-free interest rate.
| | N (weeks) | Mean | Std. dev |
| SL | 396 | 0.0021 | 0.03356 | SN | 396 | 0.0025 | 0.02977 | SH | 396 | 0.0015 | 0.02922 | BL | 396 | 0.0016 | 0.02431 | BN | 396 | 0.0032 | 0.02370 | BH | 396 | 0.0011 | 0.02695 | SC | 396 | 0.0025 | 0.03067 | SM | 396 | 0.0021 | 0.03019 | SA | 396 | 0.0007 | 0.03003 | BC | 396 | 0.0022 | 0.02701 | BM | 396 | 0.0020 | 0.02460 | BA | 396 | 0.0026 | 0.02695 | SW | 396 | 0.0007 | 0.02978 | SM- | 396 | 0.0019 | 0.02877 | SR | 396 | 0.0042 | 0.03169 | BW | 396 | −0.0008 | 0.02836 | BM- | 396 | 0.0025 | 0.02419 | BR | 396 | 0.0034 | 0.02342 | SC- | 396 | 0.0018 | 0.02752 | SN- | 396 | 0.0024 | 0.03195 | SA- | 396 | 0.0016 | 0.03454 | BW- | 396 | 0.0019 | 0.02754 | BN- | 396 | 0.0033 | 0.02532 | BL- | 396 | 0.0012 | 0.02432 |
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