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Fama-French Factors
Glossary · Factor Models
Definition
A family of asset pricing models that explain returns using market, size, value, profitability, and investment factors.
FF3 uses market, SMB (size), and HML (value). FF5 adds profitability and investment.
Terms are defined in the context of how ArthaPilot uses them. For authoritative definitions, consult the SEC, IRS, or a qualified financial advisor.