Also, we need to know how much individual stocks are correlated with rm; we measure that by the regression coefficient.
我们必须清楚,有多少个股与市场总体收益率相关;,我们用回归系数,即β系数来表示。
Relative to the whole market, It's well known that over periods of multiple decades the market has a tendency to go up.
是和整个市场相关的对吗,我们都知道经过几十年的时间周期,市场会有上涨的倾向。
of a stock is how much it reacts to movements in the market portfolio.
一只股票风险指标β系数直接反应出,The,β,市场组合变动与投资收益的相关性。
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