BJ Data Tech Solution

Specialized on Data processing, Data management Implementation plan, Data Collection tools - electronic and paper base, Data cleaning specifications, Data extraction, Data transformation, Data load, Analytical Datasets, and Data analysis. BJ Data Tech Solutions teaches on design and developing Electronic Data Collection Tools using CSPro, and STATA commands for data manipulation. Setting up Data Management systems using modern data technologies such as Relational Databases, C#, PHP and Android.

R-squared is too small
R-squared is too small

Hi,
I am doing my research about using Fama-French factors to get the abnormal return. I have collected Panel data and use ' xtreg Y X1 X2 X3'.
However, I got R-squared around 4%. is there any way to improve it or is there any other kind of regression can fix it?

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