Value Factor
Tilt toward cheap stocks (low P/E, P/B) vs growth.
Category: Factor Investing
What is Value Factor?
Long-run premium documented by Fama-French. Cyclical: value can underperform for years.
Tilt toward cheap stocks (low P/E, P/B) vs growth.
Category: Factor Investing
Long-run premium documented by Fama-French. Cyclical: value can underperform for years.