Testing the Augmented Fama–French Six-Factor Asset Pricing Model with Momentum Factor for Borsa Istanbul

Table 2

Descriptive statistics for intersection portfolios exceeding the risk-free interest rate.

	N (weeks)	Mean	Std. dev
SL	396	0.0021	0.03356
SN	396	0.0025	0.02977
SH	396	0.0015	0.02922
BL	396	0.0016	0.02431
BN	396	0.0032	0.02370
BH	396	0.0011	0.02695
SC	396	0.0025	0.03067
SM	396	0.0021	0.03019
SA	396	0.0007	0.03003
BC	396	0.0022	0.02701
BM	396	0.0020	0.02460
BA	396	0.0026	0.02695
SW	396	0.0007	0.02978
SM-	396	0.0019	0.02877
SR	396	0.0042	0.03169
BW	396	−0.0008	0.02836
BM-	396	0.0025	0.02419
BR	396	0.0034	0.02342
SC-	396	0.0018	0.02752
SN-	396	0.0024	0.03195
SA-	396	0.0016	0.03454
BW-	396	0.0019	0.02754
BN-	396	0.0033	0.02532
BL-	396	0.0012	0.02432