Question
Which of the following is not included in the
Fama–French three-factor model?Solution
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.
Who is the author of 'The Argumentative Indian'?
LIC, ____________________ and New India Assurance are identified as Domestic Systemically Important Insurers (D-SIIs) for 2021-22.
World Bank will give $_________ million loan to support the Government of Tamil Nadursquo;s Chennai City Partnership: Sustainable Urban Services Programme.
Recently Maharashtra Government has given approval to renaming of which of the following cities?
Who is the writer of the book 'Maa -mother'?
What was the name of Indian army operation in 1988?
In which of the following languages is âChildhood Days - A Memoirâ by Satyajit Ray written?
Who wrote âEra of Darkenssâ book?
The book 'The White Tiger' which won the Man Booker Prize, was authored by:
Abhinav Bindra won India's first individual Olympic gold, he is associated to?
