Ralitsa Petkova

Deborah and David Daberko Faculty Fellowship
Weatherhead School of Management
Associate Professor
Banking and Finance Department
Weatherhead School of Management

Ralitsa Petkova, PhD, associate professor of banking and finance, joined the Weatherhead School of Management faculty in 2014 in the Master of Science of Management-Finance program. Prior to this, she instructed undergraduates, graduates, and doctoral students at Purdue University, Texas A&M University, the University of Texas at Austin, and Case Western Reserve University.

Petkova’s research focuses on empirical asset pricing. Her findings have appeared in such prestigious journals as the Journal of Finance, Review of Financial Studies, Journal of Financial Economics, and the Journal of Empirical Finance. 

She has presented at numerous conferences including the Western Finance Association Annual Meeting, the European Finance Association Annual Meeting, the 12th Annual Hedge Fund Research Conference at the University of Paris-Dauphine, and at a number of universities including Purdue University, Texas Tech, University of Georgia, and the University of Oklahoma.

Petkova is the recipient of the 2005 Weatherhead School of Management Research Funding Award and also the 2004 Weatherhead Summer Research Award. She was an Olin Fellow at the University of Rochester in 2001, where she received her PhD in finance and her Master of Science in applied economics.

Initially Appointed: 2014


University of Rochester
Bachelor of Arts
Hamilton College

Teaching Information

Teaching Interests

  • Financial Modeling
  • Investment Strategies

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Courses Taught

  • Financial Modeling
  • Investment Strategies

Office Hours

By Appointment Only

Research Information

Research Interests

  • Empirical Asset Pricing
  • Stock Return Anomalies
  • Hedge Funds

Awards and Honors

  • Intramural Grant Funding
    Case Western Reserve University


  • Petkova, R. G. (2023).
    Extrapolative Beliefs about Bitcoin returns (vol. 56, 104069)  Finance Research Letters
  • Petkova, R. G., Gulen, H. (2020).
    Absolute strength: Exploring momentum in stock returns 
  • Petkova, R. G., Chen, Z. (2012).
    Does idiosyncratic volatility proxy for risk exposure?  (vol. 25, issue 9, pp. 2745-2787)  Review of Financial Studies
  • Petkova, R. G., Krishnan, C. , Ritchken, P. H. (2009).
    Correlation Risk  (vol. 16, issue 3, pp. 353-367)  Journal of Empirical Finance
  • Petkova, R. G., Chen, L. , Zhang, L. (2007).
    The Expected Value Premium  (vol. 87, pp. 269-280)  Journal of Financial Economics
  • Petkova, R. G. (2006).
    Do the Fama–French factors proxy for innovations in predictive variables? (vol. 61, issue 2, pp. 581-612)  Journal of Finance
  • Petkova, R. G., Zhang, L. (2005).
    Is Value Riskier than Growth? (vol. 78, issue 1, pp. 187-202)  Journal of Financial Economics


  • Petkova, R. G. (Presenter & Author)  12th Annual Hedge Fund Research Conference, "Does Timing the Momentum Crowd Pay Off? An Analysis of Hedge Fund Performance", University of Paris-Dauphine, House of Finance, Paris, France. (2020).
  • Petkova, R. G.  European Finance Association Annual Meeting, "Absolute strength: Exploring momentum in stock returns", European Finance Association, Oslo, Norway. (2016).