Because the influence is low to shear the factor that shearwall anti-shear strength more, and each factor returns the interaction 由于影响低矮剪力墙抗剪强度的因素较多,且各因素之间还相互作用。
Once you have an estimate of the factor sensitivities, it is a simple matter to multiply each of them by the expected factor return and add up the results 一旦你有了对因素敏感性的估算,将其一一乘上期望因素回报率并把结果相加就是一件简单的事情。
(3 ) for time-varying risk premium and industrial momentum, serial autocorrelation of factor returns including size, be / me, and industry contributes mostly to momentum profits, especially industry momentum (3)时变风险溢价与行业惯性方面:公司规模、净值市值比以及行业等因子的序列自相关性是惯性策略获利性之主要驱动因素,尤以行业惯性显著。