ChAssetTurnover
Change in Asset Turnover — Soliman 2008
Profitability
Quick facts
| Factor ID | ChAssetTurnover |
| Display name | Change in Asset Turnover |
| Family | Predictor |
| Category | Profitability |
| Direction | higher_expected_return |
| Status | supported |
| Paper | Soliman 2008 |
| Source tables | — |
| Required fields | — |
| PIT required | yes |
| Coverage | 2011-04-25 – 2026-05-15 · 605,785 rows · 88.4% of panel |
Formula
assets_turn - assets_turn_lag4q
China adaptation
No adaptation note.
Direction-adjusted cumulative return
Return metrics
| Metric | Value |
|---|---|
| Months in sample | 181 |
| Monthly mean | 0.2529% |
| Monthly std | 1.5413% |
| Annualized Sharpe | 0.57 |
| t-stat (simple) | 2.21 |
| Hit rate (months > 0) | 56.9% |
| Last 12M compounded | 7.65% |
| Cumulative wealth (start = 1) | 1.546 |
Recent 12 months
| Month | L/S return | Cumulative | Names |
|---|---|---|---|
| 2025-05 | +0.20% | 1.439 | 5037 |
| 2025-06 | -0.53% | 1.432 | 5042 |
| 2025-07 | +0.90% | 1.445 | 5038 |
| 2025-08 | +0.92% | 1.458 | 5055 |
| 2025-09 | -1.40% | 1.438 | 5057 |
| 2025-10 | -1.03% | 1.423 | 5070 |
| 2025-11 | +2.58% | 1.460 | 5069 |
| 2025-12 | +2.57% | 1.497 | 5068 |
| 2026-01 | +1.05% | 1.513 | 5063 |
| 2026-02 | -2.12% | 1.481 | 5063 |
| 2026-03 | +4.50% | 1.547 | 5062 |
| 2026-04 | -0.06% | 1.546 | 5090 |
Known data issues
None recorded.
Notes
None recorded.
See also: Profitability family, Factor library, Factor returns.