Fama and French HML portfolio Using the knowledge of how Fama and French constructed their HML portfolio, and knowing what the typical value and growth companies are, could you explain the differential performance of the market and HML portfolios?
Fama and French HML portfolio Using the knowledge of how Fama and French constructed their HML portfolio, and knowing what the typical value and growth companies are, could you explain the differential performance of the market and HML portfolios?