Question: We have a variable, eqnetis _ at , Not Equity lssuance divided by Assets. Ask JKP GPT whty this variable might be related to stock

We have a variable, eqnetis_at, Not Equity lssuance divided by Assets. Ask JKP GPT whty this variable might be related to stock returns.
Do you find the reasoning convincing?
Use the create_portfolio function to sort into five portfolios. Report the excess returns of each portfolio.
Portfolio 1
Portfolio 2
Portolio 3
Portfolio 4
Portfolio 5
Do firms that are issuing equity havo higher returns or frms that are buying back stock?
We have a variable, eqnetis _ at , Not Equity

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