Is There a Lottery Premium in the Stock Market?

lottery stocks
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We show that stop-loss rules increase the returns to investment in stocks with lottery features These stocks typically have sporadic big gains and frequent

We find short interest-related mispricing is strongest in lottery stocks As stocks become more lottery-like, arbitrage risk increases, resulting in higher

lottery sambad morning dear Abstract: Research across international markets identifies lottery-like stocks that contradict the standard positive risk-return trade-off

lottery chances of winning Stocks Ay , or suppose , now , it was the number of your grandmother's ? 1 Buy No , no ! she has no luck in lotteries : she had a whole ticket once