-1 * -2 Figure 2 A tree for a single factor Fj, normalized. tree in each factor as the cumulative normalized factor deviations in the factor. This would result in the factor starting at value Fj(0, 0) = 0 and then moving up +1 or down a1 each period.

Title | : | Journal of Investment Management |

Author | : | |

Publisher | : | - 2009 |

Continue