Why beta shifts as the return interval changes

The paper examines and explains why estimates of systematic risk (beta coefficient) shift the time-interval used to measure returns changes

Year of publication:	1983-05
Authors:	Hawawini, Gabriel
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	systematic risk \| beta coefficient \| intervaling effect \| return measurement \| regression analysis

Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	G10 - General Financial Markets. General ; G11 - Portfolio Choice
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011108497