[PDF][PDF] The effect of common stock beta variability on the variability of the portfolio beta
HJ Weinraub, BR Kuhlman - Journal of Financial …, 1994 - financialdecisionsonline.org
The relationship between the variability of individual stock betas and the variability of small
portfolio betas is tested. Stocks are combined into small portfolios using two measures of …
portfolio betas is tested. Stocks are combined into small portfolios using two measures of …
[PDF][PDF] Reducing the Short Term Variability of Small Portfolio Betas
BR Kuhlman, HJ Weinraub - Journal of Financial and Strategic Decisions, 1994 - Citeseer
Management of portfolio risk is difficult if beta is nonstationary, due to an inability to predict
the level of beta in subsequent periods. Since large, well diversified portfolios have …
the level of beta in subsequent periods. Since large, well diversified portfolios have …
An examination of the relationship between pure residual and market risk: a note
SN Chen, AJ Keown - The Journal of Finance, 1981 - JSTOR
THE PROCESS OF DIVERSIFICATION has received considerable attention in the financial
literature [6, 9, 11, 16, 17, 18]. Evans and Archer [6] found that through naive diversification …
literature [6, 9, 11, 16, 17, 18]. Evans and Archer [6] found that through naive diversification …