Hirschey, Nicholas H.Vasconcelos, Beatriz Carvalho de2025-02-262025-02-262024-01-242023-12-20http://hdl.handle.net/10362/179856The purpose of this study is to analyze the performance and dynamics of varies investment strategies. The individual part focuses on the analysis of U.S. stock market’s value stocks’ superior performance over growth stocks between January 1987 and December 2022. Value (Growth) stocks are priced lower (higher) than the company’s fundamentals. A performance and factor analysis were evaluated concluding that strategies sorted on EV/EBIT and Book-to Market delivered a positive value premium. In the group part, diverse strategies were combined to form three portfolios: Equal-Weighted, Tangency and Global Minimum Variance to provide valuable insights for investors seeking to optimize their portfolios.engFinancial marketsPortfolio managementValue vs. growth investingValue premiumU.S. stock marketFundamental analysismaster thesis203866282