Fama–French three-factor model is used for asset pricing and portfolio management. The three factors are company size, company price-to-book ratio, and market risk. The traditional asset pricing model, known formally as the capital asset pricing model (CAPM) uses only one variable to describe the returns of a portfolio or stock with the returns of the market as a whole. In contrast, the Fama–French model uses three variables. Fama and French started with the observation that two classes of stocks have tended to do better than the market as a whole: (i) small caps and (ii) stocks with a high Book-to-market ratio (B/P, customarily called value stocks, contrasted with growth stocks). They then added two factors to CAPM to reflect a portfolio's exposure to these two classes.
X is 13m south east of Y and Z is 12m south of Y. In which direction is Z with respect to X?
Rohit walked 20 metres towards South from point P, took a left turn and walked 15 metres again he took a left turn and walked 20 metres. How far and in ...
A man starts walking from point O reaches 5m east at point A. Then he turns to his right and walks 7m to reach point B. Again he turns to his left and w...
What is the distance between K’s house and Z’s house?
Savita starts walking from Mall and walks 10 m towards East and then turns right and walks 90 m. Then she turns left and walks 40 m. After that she agai...
Pawan walks 14 km in south direction then turns towards his right and walks 7 km. Then takes two consecutive left turns of 2 km and 11 km respectively. ...
Mita started walking towards North. After walking 25 metres she turned right and walked 20 meters and took a left turn and walked 5 meter. In which dire...
What is the total distance between Pole M and Pole R?
Read the directions carefully and answer the questions based on them.
L is to the east of R. M is 5m to the south of L. N is 5m to the south of...