淡江大學機構典藏:Item 987654321/95259
English  |  正體中文  |  简体中文  |  全文笔数/总笔数 : 58237/91808 (63%)
造访人次 : 13785531      在线人数 : 66
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜寻范围 查询小技巧:
  • 您可在西文检索词汇前后加上"双引号",以获取较精准的检索结果
  • 若欲以作者姓名搜寻,建议至进阶搜寻限定作者字段,可获得较完整数据
  • 进阶搜寻


    jsp.display-item.identifier=請使用永久網址來引用或連結此文件: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/95259


    题名: Important Factors of Estimated Return and Risk:The Taiwan Evidence
    作者: Ku, Kuang-Ping;Lin, William T.
    贡献者: 淡江大學財務金融學系
    关键词: 台灣;預期報酬;風險管理;因素分析;股票市場;敏感度分析;Taiwan;Expected Return;Risk Management;Factor Analyaia;Stock Market;Sensitivity Analysis
    日期: 2001-06
    上传时间: 2014-02-12 00:00:00 (UTC+8)
    摘要: This paper seeks to identify which factors are important forestimating portfolio's expected return and standard deviation in theTaiwan stock market. We have summarized from the existing empiricalliterature a total of 26 factors that may have explanatory power. Theresults of our evaluation show that except for the trading volume, theremaining 25 factors do not seem to help explain the average stockreturns during the July 1985-June 1999 period. However, the power ofthe trading volume to account for the expected returns on the stock isaffected by any changes in the sample or by the use of a differentevaluation model. We suggest three potential explanations for why allof 26 factors show no stable power to explain average returns onTaiwan stocks: high volatility, selection bias, and marketdifferences. Moreover, we find that all of the 26 factors areimportant in capturing the systematic covariation in stock returns.
    關聯: 2001年財務金融學術暨實務研討會論文集=Proceedings of the Annual Research Conference in Finance and Financial Market in the 21st Century
    显示于类别:[財務金融學系暨研究所] 會議論文

    文件中的档案:

    档案 大小格式浏览次数
    Important Factors of Estimated Return and Risk:The Taiwan Evidence_英文摘要.docx16KbMicrosoft Word172检视/开启

    在機構典藏中所有的数据项都受到原著作权保护.

    TAIR相关文章

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - 回馈