Growth and value stocks are two important subjects in capital
markets. First, these two stocks based on different variables such as
Estimation of their amount of risks and returns, circumstances of
obtaining returns at different periods in up and down market conditions
were realized in Tehran Stock Exchange. Then Growth stock with Value
Stock was compared through variables such as firm size, return and risk
premium. The results show that firm size is not suitable to realize
growth and value stock from each other. Also an investor by purchasing
the growth stock obtains the risk premium more than value stock in up
market and growth stocks returns are greater than value stock returns in
Tehran stock exchange.
کلید واژگان :
Growth Stock, Value Stock, Firm Size, Stock Return and Risk premium
