Port1

Port2

Port3

Port4

Port5

Port6

Port7

Port8

Port9

Port10

High-Low

excess return

−0.0002

0.001

0.0016

0.0016

0.0003

0.0007

0

0.0008

−0.0021

−0.0036

−0.0034

t-stats

−0.0882

0.7377

2.3409

2.6362

0.4844

1.1417

0.0329

0.6225

−1.8105

−2.4221

−1.1622

ff3-alpha

0.0013

0.0018

0.0023

0.0019

0.0002

0.0006

−0.0005

−0.0001

−0.0027

−0.0047

−0.0061

t-stats

0.9956

1.771

3.128

3.2153

0.378

1.1336

−0.683

−0.1198

−2.5424

−3.8965

−2.6807