Price is What You Pay, Value is What You Get - Dissecting the Quality Anomaly in US Equity Returns
The purpose of the thesis relates to the Quality anomaly observed in the US equity market, where stocks with Quality characteristics tend to outperform and have higher risk adjusted returns. By dissecting the Quality anomaly, the thesis aims to analyze the drivers of the over performance of Quality and investigate the presence of a systematic Quality premium. From previous research, three areas ha
