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单词 Beta equation
释义 Beta equation
The market beta of a security is determined as follows: Regress excess returns of stock y on excess returns of the market. The slope coefficient is beta. Define n as number of observation numbers.
Beta=[(n) (sum of [xy]) ]-[ (sum of x) (sum of y)]/[(n) (sum of [xx]) ]-[ (sum of x) (sum of x)]where: n = # of observations (usually 36 to 60 months)
y = rate of return for the security.
x = rate of return for the S&P 500 index
y = rate of return for the security.
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更新时间:2025/3/10 7:24:24