spb/wp17_uqo

1% Generated by scripts/r3k_19_figures_v2.py -- do not edit by hand (FIRC-0002 v2.1, Stage E exhibits). Figure file: figures/r3k_v2/fig2_cumulative_ls.pdf (copy in paper/figures_r3k/).2% \input{figures_r3k/fig2_cumulative_ls} on its own places the float with its caption; inside an existing figure wrapper only the graphic is printed.3\ExhibitFigure{fig:cumls}{\textbf{Cumulative return of the AI-composite long--short portfolio by size group.} Cumulative return of the equal-weighted Q5$-$Q1 portfolio on the AI composite, selected every June from the cohort quintiles and held July--June, for all firms and within the two size groups (largest 1,000 firms by corrected capitalization versus the rest; quintiles formed within group). Monthly returns, splice months set to missing; 180 months. No uncertainty band is drawn on a cumulative path; the monthly mean, HAC $t$ and alphas are in Table~\ref{tab:alphaboth}. The lines use distinct dashes and markers so that they remain distinguishable in grayscale.}{\includegraphics[width=\textwidth]{fig2_cumulative_ls.pdf}}4