Efficient-Market vs Factors
Also called: multi-factor model, factor model, systematic-factors
Factor models explain returns by exposure to broad drivers — the market, size, value, momentum — rather than luck. CAPM is the one-factor case; multi-factor models add more knobs.
Where this is taught
Definitions are the trailer. These free levels turn Efficient-Market vs Factors into something you play — one bite-size lesson, with worked examples, a quiz and XP.