Assume that stocks are sorted into a 23 matrix of size and value (BM). How did Fama
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Assume that stocks are sorted into a 2×3 matrix of size and value (BM). How did Fama and French (1993) use this matrix to create their size and value factors?
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Fama and French 1993 used the size and booktomarket ratio BM matrix to create their size and value f...View the full answer
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Related Book For 
Investment Valuation And Asset Pricing Models And Methods
ISBN: 9783031167836
1st Edition
Authors: James W. Kolari, Seppo Pynnönen
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