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Value Effect

A measure that compares the book value of a company to the price of its stock – an inverse of...

BTM Effect

It stands for book-to-market effect; a measure that compares the book value of a company to the price of its...

Book-To-Market Effect

A measure that compares the book value of a company to the price of its stock – an inverse of...

BTM Ratio

The ratio of an entity's book equity to its market equity. In other words, it relates the original value of...