ARE THE REPORTS OF BETAS DEATH PREMATURE

被引：52

作者：

CHAN, LKC

LAKONISHOK, J

机构：

来源：

JOURNAL OF PORTFOLIO MANAGEMENT | 1993年 / 19卷 / 04期

关键词：

D O I：

10.3905/jpm.1993.51

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Do we have sufficient evidence to bury beta? Given that no other widely accepted risk measure exists, it is worthwhile to emphasize the difficulty of drawing any definitive conclusions from empirical research on stock returns, considering the noise in the data. The authors reexamine the evidence on beta, using the entire 1926-1991 history of US. stock returns.

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页码：51 / 62

页数：12

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