|
Fama-French model ((See Chapter 19 of the Vernimmen))
The Fama-French model, as well as other offshoots from APT, tries to explain historical return by company-specific factors rather than the general macroeconomic factors in APT. This model isolates three factors: market return, price-to-book ratio, and the gap in returns between large caps and small caps.
|
|
|
|
You get more than just a glossary
on www.vernimmen.com:
- A monthly newsletter with over 60,000
subscribers
- 610,000 financial data for over 16,000
groups
- A 279-question quiz with answers
- A text book that has
sold 130,000 copies
- And all the rest |