. . "National Bureau of Economic Research" . . "Kapitalertrag Portfolio-Management Capital Asset Pricing Model." . . "Online-Publikation Online-publication." . . "Capital Asset Pricing Model" . . "Zonder onderwerpscode: economie." . . "Kapitalertrag" . . . . . . . . . . "Neoclassical factors"@en . "Neoclassical factors" . . . . . . . . . . . . . "Neoclassical Factors" . "Neoclassical Factors"@en . . . . . . . "The cross section of returns can largely be summarized by the market factor and mimicking portfolios based on investment-to-assets and earnings-to-assets motivated from neoclassical reasoning. The neoclassical three-factor model can capture average return variations related to momentum and financial distress anomalous to traditional factor models. The model also captures the relations of average returns with earnings-to-price, cash flow-to-price, book-to-market, dividend-to-price, long-term past sales growth, long-term prior returns, and market leverage." . "The cross section of returns can largely be summarized by the market factor and mimicking portfolios based on investment-to-assets and earnings-to-assets motivated from neoclassical reasoning. The neoclassical three-factor model can capture average return variations related to momentum and financial distress anomalous to traditional factor models. The model also captures the relations of average returns with earnings-to-price, cash flow-to-price, book-to-market, dividend-to-price, long-term past sales growth, long-term prior returns, and market leverage."@en . . "Arbeitspapier Working paper." . . "Portfolio-Management" . .