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Why values within a "Style Box" are discrete and not continuous?

Style Boxes map financial products on a two axes diagram, but instead of using continuous values for the axes, they use discrete values (small/medium/large, value/blend/growth, etc.). (source) How i …
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2 votes

Why values within a "Style Box" are discrete and not continuous?

It appears that in 2016 Morningstar presented a new framework for style box based analysis, which is continuous: (source) Another document from 2004 shows a similar continuous nature: (source)
Sparkler's user avatar
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