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PAARSPilot Activated Automatic Recovery System (Operational Capability Improvement Program; Lockheed Martin)
References in periodicals archive ?
Although the total PAARs of the portfolio of low PE stocks is slightly negative, (13) their superior performance of 8.7% in relation with the corresponding performance of the portfolio of high PE stocks is also in line with the results of the previous research of Kyriazis and Diacogiannis (2007).
Furthermore, our results show that investing in high DY stocks also reduces the extent of losses (negative PAARs) in years of falling stock prices (2004, 2007-8).
Table 3 contains the PAARs of the portfolios formed on the basis of low and high market value (MV) stocks.