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Understanding High Minus Low (HML).



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The HML ratio is a measure of market risk. It is calculated by subtracting the return on a portfolio of high-risk stocks from the return on a portfolio of low-risk stocks. The resulting number is then divided by the market risk premium. The HML ratio can be used to determine whether a stock is overvalued … Read more

Bhutanese Ngultrum (BTN) Definition.



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The Bhutanese Ngultrum is the official currency of Bhutan. It is subdivided into 100 chhertum and is pegged to the Indian Rupee at par. The Ngultrum was introduced in 1974, replacing the earlier Bhutanese Rupee. What is the currency of Bhutan known as? The Bhutanese ngultrum (BTN) is the official currency of Bhutan. It is … Read more