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Imagine an alternative to Bonilla-Silva's conception of the emerging tri-racial stratification system in the U.S. What social change would be necessary to reach that alternative?
SMB Beta
A measure used in the evaluation of stocks, indicating a stock's sensitivity to movements in the small minus big (SMB) factor, part of the Fama-French three-factor model.
HML Beta
A measure of sensitivity to the HML (High Minus Low) factor, part of the Fama-French three-factor model, indicating how much a stock's return is affected by the value premium.
Risk Premium
The additional return expected on an investment for taking on higher risk compared to a risk-free asset.
SMB Beta
A measure used in financial models to estimate the sensitivity of a stock’s return relative to the return of a small-minus-big (SMB) factor, part of the Fama-French three-factor model.
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