{"id":"W3017334892","doi":"10.1111/eufm.12263","title":"Betas versus characteristics: A practical perspective","year":2020,"lang":"en","type":"article","venue":"European Financial Management","topic":"Financial Markets and Investment Strategies","field":"Economics, Econometrics and Finance","cited_by":7,"is_retracted":false,"has_abstract":true,"ca_institutions":"Dalhousie University","funders":"","keywords":"Econometrics; Economics; Profitability index; Explanatory power; Value premium; Financial economics; Equity (law); Stock (firearms); Investment (military); Capital asset pricing model; Engineering; Finance","routes":{"ca_aff":true,"ca_fund":false,"ca_venue":false,"about_ca":false,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.01636305,0.001141298,0.00157939,0.005262679,0.0006272284,0.005014515,0.001766899,0.002157405,0.01039964],"category_scores_gemma":[0.09939405,0.0006814889,0.0009448531,0.004735544,0.004719684,0.006768193,0.002212144,0.004493953,0.001441049],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.0008799994,"about_ca_system_score_gemma":0.001061343,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.003148147,"about_ca_topic_score_gemma":0.00160361,"domain_scores_codex":[0.9927016,0.00557358,0.0001956745,0.0005889102,0.0007606579,0.0001794676],"domain_scores_gemma":[0.8569696,0.1292848,0.00490889,0.004410943,0.003124609,0.001301181],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"theoretical_or_conceptual","study_design_gemma":"theoretical_or_conceptual","study_design_scores_codex":[0.0002069971,0.000180183,0.06698564,0.0002397342,0.000229829,0.0006386726,0.00171769,0.008573458,0.0009358872,0.7881379,0.007719222,0.1244349],"study_design_scores_gemma":[0.00006626753,0.0002292943,0.02319958,0.0002536525,0.0001129818,0.0006449592,0.00128372,0.05841048,0.0007264186,0.8892832,0.02567265,0.0001168127],"study_design_candidate":"theoretical_or_conceptual","study_design_consensus":"theoretical_or_conceptual","genre_codex":"methods","genre_gemma":"empirical","genre_scores_codex":[0.1387045,0.009293627,0.7612683,0.03733557,0.0007863796,0.0001029675,0.001214615,0.0005914032,0.05070276],"genre_scores_gemma":[0.8768506,0.003495611,0.1092762,0.001702854,0.00179959,0.0001469174,0.0003989604,0.0001599001,0.006169325],"genre_candidate":"empirical","genre_consensus":null,"teacher_disagreement_score":0.01636305,"threshold_uncertainty_score":0.08653706,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.06460067463749924,"score_gpt":0.2414476506868778,"score_spread":0.1768469760493785,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}