Ştefănescu, Răzvan; Nistor, Costel; Dumitriu, Ramona - In: Annals of the University of Petrosani, Economics 9 (2009) 4, pp. 257-262
The CAPM - beta is one of the most used tools to estimate the systematic risks associated to stock. In the last decades different behaviours of beta were revealed for the circumstances of the bull and the bear markets. This paper analyses the CAPM – beta responses for bad and good news for ten...
