The value effect works on a much longer time horizon than momentum, so that investors using those models may be buying what the momentum models are selling.

相对瞬间模型，价值效应作用的时间范围较长，于是乎，采用这个模型的投资者买入时恰逢采用瞬间模型的投资人卖出。

youdao

In effect, an event horizon has formed in the river, preventing waves from making their way out.

实际上，视界已经在河中形成了，并阻止水波流动。

youdao

At sunrise, this strange effect would cause the sun to appear to rise above the horizon... then slow to a halt... then reverse direction and drop back below the horizon.

日出时这种奇怪的效果会让太阳看上去似乎从地平线升起…然后慢慢停住…反方向落回到地平线之下。

youdao

In effect, the personnel on the BP oil drilling platform, Deepwater Horizon, were poorly prepared for events that took place on April 20, 2010.

FORBES: Risk Management Vs Rescue Management