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市值极小的股票中蕴涵着巨大的机会,但投资时一定要慎之又慎25年前,年轻的芝加哥大学经济学家罗尔夫·邦兹(Rolf Banz)发布了一个惊人的发现:股票的市值越低,投资于它的回报越高。这就是股票市场的一个规律。如果你按照公司市值所有股票分成十份,它们的排序极其完美。第一个10%(市值最大的股票)的平均收益最低,第二个10%的平均收益第二低。以此类推,第十个10%的股票市值最低,收益最高。
There are huge opportunities in stocks with very small market capitalization, but investing must be cautious 25 years ago, the young University of Chicago economist Rolf Banz released a surprising discovery: the stock The lower the market value, the higher the return on investment. This is a rule in the stock market. If you divide all shares into ten according to the company’s market capitalization, their rankings are perfect. The first 10% (the largest market capitalization stocks) the lowest average return, the second 10% average return second lowest. And so on, the tenth 10% of the stock market value of the lowest income highest.