news | March 29, 2026

High minus low (HML) - How To Discuss

High minus low (HML),

Definition of High minus low (HML):

  1. High Minus Low (HML), also referred to as the value premium, is one of three factors used in the Fama-French three-factor model. HML accounts for the spread in returns between value stocks and growth stocks and argues that companies with high book-to-market ratios, also known as value stocks, outperform those with lower book-to-market values, known as growth stocks.

  2. This method evaluates the short- and long-term profit margins for a stock or bond to determine how well the stock or bond will perform in the future.

  3. To understand HML, it is important to first have a basic understanding of the Fama-French three-factor model. Founded in 1992 by Eugene Fama and Kenneth French, the Fama-French three-factor model uses three factors, one of which is HML, in order to explain the excess returns in a manager’s portfolio.

How to use High minus low (HML) in a sentence?

  1. HML refers to the outperformance of value stocks over growth stocks.
  2. High Minus Low (HML) is a component of the Fama-French three-factor model.
  3. Along with another factor, Small Minus Big (SMB), HML is used to estimate portfolio managers’ excess returns.

Meaning of High minus low (HML) & High minus low (HML) Definition

High Minus Low (HML),

High Minus Low (HML): What is the Meaning of High Minus Low (HML)?

High minus low (HML), also called premium value, is one of the three factors used in FamaFunch's three-factor model. HML considers the performance gap between value stocks and growth stocks, and argues that companies with high book-to-market ratios, also called value stocks, are subject to market-to-market prices. Are There is a shortage in the market which we call development stock.

  • High minus low (HML) FamaFunch is a component of the three factor model.
  • HTML refers to the higher performance of a value stock compared to a development stock.
  • Along with another factor, small minus bug (SMB), HTML is used to evaluate the high performance of portfolio managers.

Literal Meanings of High Minus Low (HML)

High:

Meanings of High:
  1. To a large extent or in a certain amount.

  2. very much

  3. For (or pitch) high note.

  4. Highlights, degrees or numbers.

  5. A famous moment of happiness or success.

  6. High school (mainly used in nouns)

  7. From a vertical surface

  8. Larger than usual in number, size or intensity.

  9. Excellent in rank, status or importance.

Sentences of High
  1. The statue is about five meters high

  2. He was one of the pioneers of chemical technology in the 20th century

  3. My voice rose with joy

  4. Commodity prices are at extraordinary levels

  5. Ups and downs in life

  6. High mountain peak

  7. Financial security is at the top of your priority list

  8. Loud voice

  9. This is candy butter used for cooking, it has a strong odor.

  10. In IPA, the 'i' symbol (as in most spellings) indicates a high front head.

Synonyms of High

towering, high-frequency, carried away, high level, exorbitant, thrilled, illustrious, overjoyed, piping, peak, on cloud seven, shrill, lofty, high point, intoxicated, treble, high-level, ecstatic, drugged, rapturous, upper

Minus:

Meanings of Minus:
  1. (Temperature) below zero

  2. Mathematical subtraction operations.

  3. A loss.

  4. (In front of the number) is negative below zero.

  5. Slightly worse than (after note)

  6. It has a negative electric charge.

Sentences of Minus
  1. What is 97 minus seven?

  2. Minus 10 degrees Fahrenheit

  3. Telling a plus or minus sign in front of a number allows relative positioning.

  4. For every advantage of this team, there can be disadvantages.

  5. Minus five

  6. My lowest score is B negative

  7. What you don't usually say via SMS is that it costs more to pull downloaded content.

Synonyms of Minus

abstract, without, catch, unencumbered by, devoid of, downside, pitfall, dock, take off, unaffected by, snag, deduct, clear of, fly in the ointment, hitch, lacking in, take away, debit, stumbling block, disadvantage, withdraw, take from, discount, remove

Low:

Meanings of Low:
  1. In a low position or condition.

  2. More or less

  3. Bottom point, level or number.

  4. Above ground or below average height.

  5. Below average in volume, amplitude or low intensity.

  6. Arrange yourself in other important people or things or in class.

  7. (Sound or voice) loud or not clear.

  8. Not depression or energy.

Sentences of Low
  1. He squeezed, bending down to cover his face

  2. Their level of popularity is low all the time.

  3. The school is a tall, low-rise building

  4. Raising low-income children

  5. Lower level jobs

  6. Deep and loud sound

  7. I feel weak

  8. The cattle roar

Synonyms of Low

soft, stifled, gentle, peasant, blue, lowest level, bellow, miserable, rock bottom, moderate, all-time low, reasonable, dulcet, lowest point, morose, faint, low-ranking, sad, bargain, nadir, short, dejected, poor, low point, downhearted, down, melancholy, depressed, sorrowful, lowly

High Minus Low (HML),

What is The Meaning of High Minus Low (HML)?

  1. High minus low (HML), also called premium value, is one of the three factors used in FamaFrench's three-factor model. Explaining the performance gap between value stocks and growth stocks, HML argued that companies with higher book-to-market ratios, also called value stocks, are more popular with better book-to-market value ratios.

    • High minus low (HML) is a component of the FamaFrench three-factor model.
    • HTML refers to the better performance of value stocks on growth stocks.
    • With another factor, small minus G (SMB), HTML is used to evaluate the additional performance of portfolio managers.

Literal Meanings of High Minus Low (HML)

High:

Meanings of High:
  1. Vertically very wide.

  2. Larger or larger than normal, in number, size or intensity.

  3. Very good in position, status or importance

  4. Happiness, especially from the effects of drugs or alcohol.

  5. (Especially food) has an unpleasant pungent odor when it starts to spoil.

  6. (Of a letter) is formed from the tongue which is relatively close to the roof of the mouth.

  7. ■■■■■■, level or figure.

  8. In large quantities or in a certain quantity.

  9. (Long) For high notes or in.

  10. (In card games) with the most cards.

Sentences of High
  1. Both held positions of responsibility under Lloyd George.

  2. Loud and sharp sound

  3. He's not drunk, he's a little drunk.

  4. This is the canned butter used for cooking, it has a slightly pungent smell.

  5. The ups and downs of life

  6. I go to school

  7. Is one of the pioneers of chemical technology.

  8. My voice is loud with joy

  9. A standard 52 card pack is used which has more ace.

Synonyms of High

in the sky, wrecked, foremost, high as a kite, rotting, gamy, big, penetrating, outrageous, on drugs, prohibitive, multistorey, high-pitched, important, off one's head, pre-eminent, going off, stiff, aloft, zenith, forceful, turbulent, sky-scraping

Minus:

Meanings of Minus:
  1. To deduct from

  2. (Temperature) below par.

  3. (In front of the number) is less than negative zero.

  4. Too bad (after comments).

  5. Abbreviation of minus sign.

Sentences of Minus
  1. What is ninety-three minus seven?

  2. Minus 40 degrees Celsius

  3. C. minus

  4. For every advantage with this team, there can be a loss.

Low:

Meanings of Low:
  1. Height above average or below average.

  2. Less than average in number, scope or intensity.

  3. Put yourself under other important people or things or in the classroom.

  4. (Sound or voice) not loud or clear.

  5. Depressed or low energy.

  6. Low point, level or number.

  7. Hard times in life.

  8. Or in a low position or condition.

Sentences of Low
  1. The school is a tall, short building.

  2. Low level jobs

  3. The ups and downs of acting life

  4. He bent down to save his face.

  5. We speak softly so as not to wake Dean.

  6. The rooster crows, the cow cries

Synonyms of Low

knee-high, gloomy, bass, cut-price, quiet, resounding, flat, fed up, ordinary, disheartened, small, low-pitched, booming, glum, proletarian, stunted, sapped, hushed, resonant, discouraged

High Minus Low (HML),

What is The Meaning of High Minus Low (HML)?

  1. High minus low (HML), also called premium value, is one of the three factors used in FamaFrench's three-factor model. The FamaFrench three-factor model is a stock market profit assessment system developed by economists Eugene Fama and Kenneth French. Explains the difference in performance between HML value and growth stock. The system says that companies with higher book-to-market ratios, also called value stocks, perform better with lower book-to-market ratios, called growth stocks.

    • High minus low (HML), also called premium value, is one of the three factors used in FamaFrench's three-factor model.
    • FamaFrench's three-factor model is a stock market profitability assessment system. Economists Eugene Fama and Kenneth French developed.
    • The system says that companies with higher book-to-market ratios, also called value stocks, perform better with lower book-to-market ratios, called growth stocks.
    • Along with another factor called Small Minus G (SMB), High Minus Low (HML) is used to evaluate the additional performance of portfolio managers.
    • A large part of the performance of the portfolio can be explained by the observed trend of small and valuable stocks to outperform large or growing stocks on average.

Literal Meanings of High Minus Low (HML)

High:

Meanings of High:
  1. When food (especially food) starts to spoil, it has an unpleasant odor.

  2. (One letter) is produced with the tongue relatively close to the roof of the mouth.

  3. Height, surface or shape.

  4. A very happy or successful moment.

  5. For (longer) or in higher notes.

  6. (In the game of cards) with the most cards.

Sentences of High
  1. He's not drunk, just a little drunk.

  2. My voice rises with joy.

Synonyms of High

stinking, charged up, apogee, going bad, intense, miasmic, extreme, criminal, high-rise, dear, stormy, top, zonked, above one's head, jacked, boisterous, falsetto, powerful, main, violent, tempestuous, unreasonable, delirious, over one's head, stoned, sky-high, distinguished, whiffy, hyped up

Minus:

Meanings of Minus:
  1. (Temperature) equal below.

  2. (After comments) Too bad.

  3. Negative electrical charge.

Sentences of Minus
  1. What is ninety-nine minus seven?

Low:

Meanings of Low:
  1. Below average height from top to bottom or top to bottom.

  2. In low position or condition or in.

Sentences of Low
  1. Lower status jobs

  2. He squeezed, bending down to save his face

  3. The rooster crows, the cow screams.

Synonyms of Low

rumbling, down in the mouth, humble, whispered, dispirited, unpretentious, without energy, woebegone, shallow, subdued, low-spirited, stubby, forlorn, low-priced, moody, cheap, quietened, bargain-basement, dwarfish, low-cost, quieted, rich, plebeian, sonorous, plain