08. Fama French SMB and HML
M4 L2A 19 Fama French SMB And HML V2
Fama French SMB and HML
SMB = \frac{1}{3} ( (r_{s,v} + r_{s,n} + r_{s,g}) - (r_{b,v} + r_{b,n} + r_{b,g}) )
HML = \frac{1}{2} ( (r_{s,v} + r_{b,v}) - (r_{s,g} + r_{b,g}) )
M4 L2A 19 Fama French SMB And HML V2
SMB = \frac{1}{3} ( (r_{s,v} + r_{s,n} + r_{s,g}) - (r_{b,v} + r_{b,n} + r_{b,g}) )
HML = \frac{1}{2} ( (r_{s,v} + r_{b,v}) - (r_{s,g} + r_{b,g}) )