Empirical Analysis of the Dogs of the Dow (DoD) Trading ...
Dogs of the Dow (DoD) is a high dividend yield investment-based strategy that is said to be able to beat stock market returns. In 1991, O’Higgins and Downes in their book introduced the Dogs of the Dow trading strategy and claimed the strategy to be able to provide investors with abnormal returns. Under this strategy, a portfolio ................
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