In empirical studies, to study the size effect of listed companies, the authors form portfolios according to market capitalization, either in tierciles (3 classes), quintiles (5 classes) or deciles (10 classes) of equal number. The tests are conducted on the entire sample, then on each of the portfolios to check for significantly different behavior or not. To meet this potential need of researchers on the Vietnamese stock market, we have been creating these portfolios (by capitalisation ascending) since 2008, calculated daily, and updated for free disposal of researchers on our platform.
Third (3)
Quintiles (5)
Deciles (10)
Data are Daily from 2008 and available in the CCPR Platform in the beginning of each month Similar portfolios for the United States are available in the Center for Research in Security Prices, for subscribed researchers.
Benchmark Indexes
Are available and free for Researchers
Market Indexes (Overall, HOSE, HANOI Stock Exchanges)
Size Indexes (Large Caps, Mid Caps, Small Caps, Mid & Small Caps, Cheap Caps)
10 Main Sector Indexes (Banks, Basic Materials, Consumer Goods, Consumer Service, Financials, Health Care, Industrials, Oil & Gas, Technology, Utilities)
2 Super Sector Indexes (Energy, Real Estate)
Data are Daily from 2008 and available in the CCPR Platform in the beginning of each month
Offered by Intelligent Financial Research & Consulting (IFRC)
Ph D, Finance at Université Paris Dauphine – PSL
CEO/Founder of Intelligent Financial Research & Consulting (IFRC, www.ifrc.vn)
Deputy Director, Data Science of Institute of Research on Economics, Environment and Data Science (IREEDS, www.ireeds.org)
and previously,
Lecturer in Vietnamese/European Institutes/Universities/Business Schools
Head of R&D at Paris Option Market (MONEP) Indexes Designer at NYSE Euronext
Notes
These portfolios are equally weighted (EW) or value weighted
These portfolios are available in PRICE and TOTAL RETURN (including dividend)
They are calculated in VND, and converted into USD, EUR, and JPY to take account the exchange risk in the performance
For each primary index, there are 2 weighting x 2 price/return x 4 currencies = 16 child indexes
In total, 3 tierciles, 5 quintiles, and 10 deciles represent 18 mother indexes: 18 x 16 = 288 portfolios indexes.