@article{2019,title={FIRM SIZE, PRICE/EARNING AND MARKET VALUE/BOOK VALUE ANOMALY IN STOCK MARKET: AN APPLICATION ON THE ISTANBUL STOCK EXCHANGE},abstractNode={The purpose of this study is to determine the existence of Firm Size (FS), Price/Earning (P/E) and Market Value/Book Value (MV/BV) anomaly in Istanbul Stock Exchange 100 (XU100) index and to reveal the anomaly providing the best investment performance. For this purpose, portfolios were created according to market value, price/earning and market value/book value ratios using monthly returns in July 2013-June 2018 of the companies traded in the XU100 index. The time series analysis using regression model based on Jansen (Alpha) method and portfolio performance analysis using Sharpe, Treynor and Jansen criteria were applied. As a result of the study, FS anomaly was detected in XU100 index, P/E and MV/BV anomalies were not detected. In addition, it is concluded that the best performing portfolio is the high-rated MV/BV portfolio. This study contributed to the literature with current data by revealing the results supporting the literature.},author={Fahrettin SÖKER-- Mehmet CİHANGİR - Eray BAYSA},year={2019},journal={The Journal of Academic Social Science}}