Is research and development mispriced or properly risk adjusted?

Keyphrases

• Risk-adjusted 100%
• Development Intensity 100%
• Research Intensity 100%
• Excess Returns 60%
• Overvaluation 30%
• Underpricing 20%
• Information Asymmetry 10%
• Stock Returns 10%
• Risk Factors 10%
• Higher Groups 10%
• Future Risk 10%
• Voluntary Disclosure 10%
• Outlays 10%
• Existing Technology 10%
• Specific Risk 10%
• Information Risk 10%
• Risk-adjusted Returns 10%
• Earnings Guidance 10%

Economics, Econometrics and Finance

• Research and Development 100%
• Industry 52%
• Information Asymmetry 5%
• Investors 5%
• Capital Market Returns 5%
• Corporate Disclosure 5%
• Risk Factor 5%