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Data Library

 

Benchmarks

 

U.S. Research Returns

 

U.S. Research Breakpoints

 

U.S. Book Equity Data

 

International Research Returns

Consulting Relationship

Fama / French Forum

Contact Information

 

Detail for Investment Breakpoints

Annual Breakpoints:

 

1964-2016

 

 

 

Construction:

 

We compute Investment breakpoints at the end of each June. Inv used in June of year t is the change in total assets from the fiscal year ending in year t-2 to the fiscal year ending in t-1, divided by t-2 total assets.

 

 

 

Stocks:

 

The breakpoints for year t use all NYSE stocks for which we have total assets data for t-2 and t-1.

 

 

 

Percentiles:

 

The file contains every fifth percentile of Inv, from 5% to 100%.

 




 

 

 

Copyright Kenneth R. French