How well has Fama and French’s five-factor model explained returns over the decades? According to our analysis, only one factor has truly held up over all time periods.

The Fama-French Three Factor model is a formula for calculating the rate of return on a given asset. Like many (if not most) such models, it offers an estimated value based on market factors at ...

However, one group went the extra mile and did an extensive investigation of the Fama and French 5-factor model using out of sample data from the Chinese A-share market.

Fama is arguably the world’s most famous and influential finance professor, thanks to his revolutionary efficient market hypothesis — that stock market prices at any time incorporate all ...

In this article, we analyzed the performance of the overall hedge fund index as well as different styles of hedge funds based on the Fama-French Four-Factor model.