Examlex
Three cardinal features for TMD include all except one. Which is the exception?
Momentum
An investment strategy that involves buying securities that have had high returns over a certain period and selling those that have had poor returns, based on the belief that trends will continue.
Turnover
Turnover refers to the total volume of shares or securities traded within a particular timeframe or the rate at which inventory is sold and replaced in a business.
Fama-French Model
A three-factor model developed for explaining asset prices and their returns, incorporating market risk, the size effect, and the value effect.
Benchmarking Performance
The process of comparing the performance of one's investments or company to a standard or a set of standards.
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