Carhart suggests a four factor model approach. Which of the following is not included in their approach? a. Factor about a broad market index b.Factor about return differences between small-cap and large-cap portfolios c. Factor about momentum d.Factor about return differences between value and growth stocks e. Factor about return differences between economy cyclical characteristics

Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter10: Price-searcher Markets With Low Entry Barriers
Section: Chapter Questions
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Carhart suggests a four factor model
approach. Which of the following is not
included in their approach?
a. Factor about a broad market index
b.Factor about return differences between
small-cap and large-cap portfolios
c. Factor about momentum
d.Factor about return differences between
value and growth stocks
e. Factor about return differences between
economy cyclical characteristics
Transcribed Image Text:Carhart suggests a four factor model approach. Which of the following is not included in their approach? a. Factor about a broad market index b.Factor about return differences between small-cap and large-cap portfolios c. Factor about momentum d.Factor about return differences between value and growth stocks e. Factor about return differences between economy cyclical characteristics
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