A Study Of The Low Beta Anomaly On The Swedish Stock Market
This paper examines the low beta anomaly and its possible presence on the Swedish stock market. It also investigates if it is possible to apply a low-beta investment strategy in order to exploit the anomaly. The findings of the paper indicate that the low-beta anomaly is present on the Swedish market and that it persists when controlling for the Fama-French factors. The result indicates that it mi