Examlex
The _____ is based on American college testing (ACT) work keys system, and gives scores for "reading for information, locating information, and applied math."
Liquidity Betas
A measure of how sensitive an asset's price is to changes in market liquidity, often used in financial modeling to assess the impact of liquidity risk.
Priced Factor
An element affecting the pricing of securities that is reflected in market prices due to its influence on asset returns.
Market Illiquidity
A situation in which an asset cannot be easily sold or exchanged for cash without a substantial loss in value.
Book-to-market Ratio
A valuation metric comparing the book value of a company to its market price.
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