Download or read book Value Spread written by and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The National Bureau of Economic Research, Inc. presents an abstract for the article entitled "The Value Spread," by Randolph B. Cohen, Christopher Polk, and Tuomo Vuolteenaho and published April 2001. The article discusses how expected return on value-minus-growth strategies is high at times when the value spread is wide. Value spread is the difference between the book-to-market ratio of a typical value stock and a typical growth stock. Users may purchase the full text of the paper online.