Ancora Micro Cap Value Update

Friday, May 17, 2013

Preview:

The recent update through December 31, 2012 (Exhibit I) of the long-term Fama and French study on equity returns broken down by deciles of market capitalization and valuation now spans fifty years (1963-2012). The results continue to show that over the long-term, the smallest deciles of market cap (micro caps) when combined with the lowest deciles of valuation provide the most attractive returns.

For the entire article, please download the file below