The cross-section of Expected Returns Method applied on data from American stocks
The main purpose of this thesis is to study the impact of a number of independent variables on the cross-section of expected returns on NYSE, ALTERNEXT (formed AMEX) and NASDAQ stocks between 1990 and 2008 in the American market. The analysis is based on methods presented in a number of scientific articles, which will be dealt with below. This study starts with the formation of portfolios by pre-r