Port1

Port2

Port3

Port4

Port5

Port6

Port7

Port8

Port9

Port10

High-Low

excess return

−0.0012

−0.0005

−0.0003

0.0015

0.0008

0.001

0.0014

0.0009

0.0001

−0.0036

−0.0024

t-stats

−0.5893

−0.378

−0.3095

2.2714

1.2824

1.2725

1.7815

0.8962

0.1116

−1.8492

−0.6845

ff3 alpha

−0.0008

−0.0004

−0.0005

0.0009

0.0006

0.0008

0.0011

0.0006

0.0003

−0.0024

−0.0015

t-stats

−0.4371

−0.3473

−0.5398

1.5956

1.0262

1.029

1.373

0.5749

0.221

−1.3715

−0.4521