Fama-French Monthly HML Benchmark Return (I:FFMHMLR)

Fama-French Monthly HML Benchmark Return is at a current level of 3.70, up from 2.42 last month and up from 1.63 one year ago. This is a change of 52.89% from last month and 127.0% from one year ago.

The Fama-French model is a pricing model that was developed in the 1990s to account for additional factors when pricing assets. It considers both size risk and value risk factors, as value and small-cap stocks have historically tended to outperform markets. By including these two additional factors, the Fama-French model is thought to be a more robust method to price assets. High minus Low (HML) is one of the three factors in the Fama-French stock pricing model. It is the excess return that "value" companies with a higher book to market ratio return when compared to "growth" companies with a lower book to market ratio. HML = 1/2 (Small Value + Big Value) - 1/2 (Small Growth + Big Growth)