今天看到一个题，关于fama french model的，但是完全不明白什么意思，连问题和答案都看不明白，也不知道选什么。。。求各位大神帮助！
A multifactor regresion based on the Fama&French model has been performed and produced the following results:
Rfund US = 0.001 +1.81*RMRF - 0.4*HML - 0.5*SMB
Based on these results, which of the following proposals is true ?
A. Value and Big
B. Riskier than the market and Small
C. Growth and Big
D. Riskier than the market and Value
The answer should be C. Growth means growth stocks and Big means big stocks. Please refer to Fama and French 1996 JF paper or Section 20.2 of Asset Pricing by Cochrane.
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