# How to get real-time data for Fama-French model?

For Fama-French model we need SMB (small[market cap] minus big) and HML (high[book-to-market-ratio] minis low). I want to calculate daily alpha in real time, but the problem is how to get these values.

Is there any benchmark for this values or I have to know entire market and calculate these values manually?

Does Bloomberg or some other service provide this kind of data?

• This is historical daily data which can be used for research purpose. But how to get (or how to calculate) real time data for SMB and HML. E.g. I need up to today values in order to calculate alpha for tomorrow. – Dejan Nov 13 '14 at 16:45
• I have access to market cap for every company through API. As far as I understand, I need to create portfolios of small caps and big caps, so I need to download market caps for every company in order to create these portfolios, and this would be to much data for download. I am interested in some approximate values of SMB and HML to avoid this computation. Is there any market index which is good representative of these portfolios? – Dejan Nov 13 '14 at 18:05