Styles like value and size, explained
Build a factor return, and tell the difference between taking on a known risk and real skill (alpha).
Module 2 of 26, Why prices move, and why beating the market is hard. Lesson 3 of 6, about 18 minutes.
The takeaway
Factors are risks to measure and control, not money waiting to be collected.
This page is a public summary. The full lesson has the worked examples, an interactive exercise and a short quiz, and sits in the course. Lessons 1 and 2 of Module 1 are free and the rest need a pass.
Open this lesson in the course
General information only. It doesn't consider your objectives, finances or needs. Tickfloor holds no financial services licence and never places trades.