Examlex
In upholding the free speech right of anonymous pamphleteering, the Supreme Court held that "Anonymity is a shield from the tyranny of the_______________ ."
HML Beta
A measure used in finance to assess the sensitivity of an asset or portfolio to a value factor, defined as high minus low book-to-market stocks.
SMB Beta
Stands for Small Minus Big Beta, a metric used in finance to measure a stock's sensitivity to the SMB factor, which represents the excess return of small-cap stocks over large-cap stocks.
Market Beta
A measure of a stock's volatility in relation to the overall market; indicates the stock's sensitivity to market movements.
Factor Portfolio
A portfolio constructed to have a high sensitivity to specific risk factors, aiming to capture the risk premiums associated with those factors.
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