貌似没在数学中接触到这个概念，直译是“无条件均值”，里面还有“无条件方差”，但不知道具体所指。
下面包括前面的一段话，是在讲资本资产定价模型之后。
希望那位帮忙解释一下标红部分的话。
谢谢！


But from the practitioners’ point of view, this simply indicates
that there exist other priced factors in addition to the market beta.
Still, risk models should encompass more.
Specifically, some factors may
not be priced or rewarded unconditionally through time, but they do differentiate
cross-sectional security returns. In other words, it is conceivable
to assume that there are nonpriced risk factors whose returns exhibit a
low unconditional mean but high unconditional variance.