Quant Nugget 3 : Common Misconceptions About 'Beta' - Hedging, Estimation and Horizon Effects

The intuitive meaning of "beta" is well known to all risk and portfolio managers: the beta is the sensitivity of the return on a given asset to a given risk factor. The applications of the "beta" are manifold, from risk computation and analysis to hedging. However, the precise definition and computation of the beta is far from trivial

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Year of publication:	2010
Authors:	Meucci, Attilio
Publisher:	[2010]: [S.l.] : SSRN
Subject:	Hedging \| Theorie \| Theory \| Betafaktor \| Beta risk \| Portfolio-Management \| Portfolio selection

Extent:	1 Online-Ressource (6 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: GARP's Risk Professional Magazine, June 2010 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 3, 2010 erstellt
Classification:	C1 - Econometric and Statistical Methods: General ; G11 - Portfolio Choice
Source:	ECONIS - Online Catalogue of the ZBW

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