Student or educator? Sign up with your school email and get 6 months of Pro free.
CoChat
Sign Up
Cited by 470

The DOI matches its Crossref record; 53 of the 53 references it cites were found in a registry or an index.

Mutual Fund's R 2 as Predictor of Performance

Amihud, Yakov, Goyenko, Ruslan·2012·The Review of Financial Studies
DOI 10.1093/rfs/hhs182
Open this paper in CoChat — free account

Abstract

We propose that fund performance can be predicted by its R2, obtained from a regression of its returns on a multifactor benchmark model. Lower R2 indicates greater selectivity, and it significantly predicts better performance. Stock funds sorted into lowest-quintile lagged R2 and highest-quintile lagged alpha produce significant annual alpha of 3.8%. Across funds, R2 is positively associated with fund size and negatively associated with its expenses and manager's tenure.

Overview

The claims and statistics of this paper haven’t been checked yet.

Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.

A few free checks a day · papers already verified open instantly · results are public

Integrity signals

Registry

Crossref · 10.1093/rfs/hhs182

Cites

53 of 53 references verified0 citation errors · 0 not checkable

Statistics

Verification

Claims the paper makes

The claims and statistics of this paper haven’t been checked yet.

Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.

A few free checks a day · papers already verified open instantly · results are public

Self-check

Percentages, sums and reported differences re-computed from the paper’s own numbers.

The self-check needs the paper’s full text.

Citations

Cites

Show all 53 references

Cited by

See all 470

Metadata

Authors
Amihud, Y., & Goyenko, R.
Venue
The Review of Financial Studies
Publisher
Oxford University Press (OUP)
Published
2012-03-01
Volume
26
Issue
3
Pages
667-694
ISSN
  • 0893-9454 (ISSN-L)
  • 1465-7368
DOI
10.1093/rfs/hhs182
OpenAlex
W3123600049
Cited by
470
References
53
FWCI
33.96
Type
journal article
Language
en
Open access
closed

About these checks

Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

Statistics and arithmetic are recomputed, not judged.

Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.

What counts as a claim ›How we measure confidence ›How we check this ›

Are you an author, or do you see a problem with this page? Request a review

How to cite

Cite CoChat for the checks on this page, and the paper for its own findings.

This page
CoChat. (2026). Citation check: Mutual Fund's R 2 as Predictor of Performance. https://app.cochat.ai/papers/10.1093/rfs/hhs182
The paper
Amihud, Y., & Goyenko, R. (2012). Mutual Fund's R 2 as Predictor of Performance. The Review of Financial Studies. https://doi.org/10.1093/rfs/hhs182

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.