Dear community,
Does anyone have experience with the return data provided on growth vs value portfolios on the Kenneth French website? I am currently working on a university paper and would like to distinguish between growth and value portfolios based on the Size & Book-to-Market Ratio.
However, there are a number of portfolios, with unclear names. Could I just proceed in taking the portfolio with the highest average returns as a value portfolio (e.g. because of the value premium) and the one with the lowest returns as the growth portfolio?
Thank you for any feedback!