Pairwise, the degree of mispricing in the benchmark is less than in the Buy&Hold treatment, but this difference is only marginally significant under the vGAD measure and not significant under the vGD measure.
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Pairwise, the degree of mispricing in the benchmark is less than in the Buy&Hold treatment, but this difference is only marginally significant under the vGAD measure and not significant under the vGD measure.