150806 20251017144653.0 doi 10.1080/13504851.2015.1042137 sideral 142653 ART-2015-142653 eng Ferruz, Luis Universidad de Zaragoza (orcid)0000-0002-3816-9747 A sector strategy from the Fama and French model 2015 In this article, we test the degree of possible interest there may be in developing an investment strategy based on the three-factor Fama and French model (1992). To this end, we construct a sectorial strategy, taking as a market risk factor the sectorial index to which the securities belong. From our results, we conclude that the aforementioned strategy is of limited use, given that no extraordinary consistent yields are obtained. From this, we conclude that the hypothesis of the efficient market can be accepted. info:eu-repo/semantics/closedAccess All rights reserved http://www.europeana.eu/rights/rr-f/ 0.378 2015 ECONOMICS 280 / 341 = 0.821 2015 Q4 T3 0.34 2015 Economics and Econometrics 2015 Q3 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Badía, Guillermo Universidad de Zaragoza (orcid)0000-0003-2795-3728 4002 230 Universidad de Zaragoza Dpto. Contabilidad y Finanzas Área Economía Finan. y Contab. 22, 18 (2015), 1511-1514 Appl. econ. lett. APPLIED ECONOMICS LETTERS 1350-4851 237018 http://zaguan.unizar.es/record/150806/files/texto_completo.pdf Versión publicada 1160882 http://zaguan.unizar.es/record/150806/files/texto_completo.jpg?subformat=icon icon Versión publicada oai:zaguan.unizar.es:150806 articulos driver 2025-10-17-14:37:15 ARTICLE