JMF Capstone Wealth ManagementMispricing Isn’t Going Anywhere – JMF Capstone Wealth Management https://www.jmfcapstone.com An Alabama registered investment advisor Fri, 21 Nov 2025 19:30:19 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.22 Mispricing Isn’t Going Anywhere https://www.jmfcapstone.com/2016/06/20/mispricing-isnt-going-anywhere/ https://www.jmfcapstone.com/2016/06/20/mispricing-isnt-going-anywhere/#respond Mon, 20 Jun 2016 09:00:38 +0000 http://evolvemypractice.com/?p=2884 Financial research has uncovered many anomalies (mispricings) that persist even well after they’ve been discovered, the findings are published and their existence becomes widely known. The most well-known anomalies that represent violations of the Fama-French three-factor model (market beta, size and value) are: Net Stock Issues: Net stock issuance and stock returns are negatively correlated....

The post Mispricing Isn’t Going Anywhere appeared first on JMF Capstone Wealth Management.

]]> Financial research has uncovered many anomalies (mispricings) that persist even well after they’ve been discovered, the findings are published and their existence becomes widely known. The most well-known anomalies that represent violations of the Fama-French three-factor model (market beta, size and value) are:

  1. Net Stock Issues: Net stock issuance and stock returns are negatively correlated. It’s been shown that smart managers issue shares when sentiment-driven traders push prices to overvalued levels.

Read the rest of the article on ETF.com.

The post Mispricing Isn’t Going Anywhere appeared first on JMF Capstone Wealth Management.

]]> https://www.jmfcapstone.com/2016/06/20/mispricing-isnt-going-anywhere/feed/ 0