The Institute of Statistics and Econometrics, School of Economics, Nankai University, Tianjin, China
School of Business, Nankai University, Tianjin, China
Department of Economics, University of Wisconsin-Madison, Madison, WI, USA
The Economics Department, Rutgers University, New Brunswick, NJ, USA
Copyright © 2017 Liuling Li, Xiao Rao, Wentao Zhou, Bruce Mizrach et al. This is
an open access article distributed under the Creative Commons Attribution
License, which permits unrestricted use, distribution, and reproduction in any
medium, provided the original work is properly cited.
How to Cite this Article
Li, L. , Rao, X. , Zhou, W. and Mizrach, B. (2017) Analysis of 48 US Industry Portfolios with a New Fama-French 5-Factor Model.
Applied Mathematics,
8, 1684-1702. doi:
10.4236/am.2017.811122.