| Book to Market Equity (BE/ME) | |||||||
| Intercept | p-value | ||||||
| Low | Medium | High | Low | Medium | High | ||
| Size | Small (S) | 0.133*** | 0.068*** | 0.134*** | 0.000 | 0.000 | 0.000 |
| Medium (M) | 0.133*** | 0.067*** | 0.132*** | 0.000 | 0.000 | 0.000 | |
| Big (B) | 0.067*** | 0.200*** | 0.064*** | 0.000 | 0.000 | 0.000 | |