Match List I wish List II:

 

List-I

 

List -II

 

Characteristic based price factors

 

Descriptions

A.

Volatility (VOL)

I.

Captures deviations from linearity in the relationship between returns and firm size

B.

Momentum (MOM)

II.

Uses returns to firms outside the equity universe to account for risk dimensions not
captured by the other risk factors

C.

Size Non Linearity (SNL)

III.

Differentiates between stocks with positive and negative excess returns in the recent

D.

Non Estimation Indicator (NEI)

IV.

Captures both long term and short term dimensions of relative returns variability

Choose the correct answer from the options given below:

1
(A) - (I), (B) - (III), (C) - (IV) (D) - (II)
2
(A) - (IV), (B) - (III), (C) - (I), (D) - (II)
3
(A) - (IV), (B) - (I), (C) - (II), (D) - (III)
4
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

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