Is Beta Still Alive? Conclusive Evidence from the Swiss Stock market.

This paper proposes an alternative approach to access the usefulness of betas and applies it to a representative sample of the Swiss stock market. The approach is based on a more pragmatic analysis of the implications of using realised, rather than expected returns and on the fact that the realised market excess return is volatile and often negative.

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Year of publication:	1997
Authors:	Isakov, D.
Institutions:	Geneva School of Economics and Management, Université de Genève
Subject:	CAPITAL MARKET \| REGRESSION ANALYSIS

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Series:	Ecole des Hautes Etudes Commerciales, Universite de Geneve-.
Type of publication:	Book / Working Paper
Notes:	19 pages
Classification:	G13 - Contingent Pricing; Futures Pricing ; G14 - Information and Market Efficiency; Event Studies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005779580