Mutual fund systematic risk for bull and bear markets: an empirical examination
FJ Fabozzi, JC Francis - The journal of Finance, 1979 - JSTOR
THE QUESTION OF THE STABILITY of the systematic risk, or beta coefficient, for mutual
funds over bull and bear market conditions has been debated in the literature [22, 23, 24, 25 …
funds over bull and bear market conditions has been debated in the literature [22, 23, 24, 25 …
Stability of alphas and betas over bull and bear markets: An empirical examination
D Chawla - Vision, 2003 - journals.sagepub.com
This paper examines the influence of bull and bear markets on the stability of alpha and beta
for the single index market model. The data for the study is collected for the period March 01 …
for the single index market model. The data for the study is collected for the period March 01 …