Testing fama-french five factor model model in an emerging market
Order Description
1)How are the patterns in average stock returns in relation to the other factors in the Brazilain stock market(BOVESPA) similar to those documented in the US market?
2) Do Fama and French five factor model explain patterns in cross section average returns quoted in the Brazil stock market( BM&F BOVESPA) compared to the three-factor model? (more research questions can be included.)