Residual reversal is short-term reversal computed on residual returns, the part of each stock’s return that its factor exposures do not explain. Industry-adjusted reversal is reversal computed on each stock’s return in excess of its industry’s average return.
Quantitative Finance · Glosarium
Apa itu Residual reversal, industry-adjusted reversal?
Dikenal juga sebagai: residual reversal · industry-adjusted reversal