Indian Journal of Finance
By: Associated Management Consultants (P) Ltd.Single Issue
Single Issue
- IJF-March11-Article5-Beta Estimation Practice And Its Reliability Biasness Towards Aggressive Stocks : An Empirical Evidence From NSE
- Price : 80.00
- Published on March 1, 2011
- Associated Management Consultants (P) Ltd.
- Issues 356
- Language - English
- Published daily
About this issue
In finance literature, ‘beta’ possesses a prominent place as a measurement statistic of systematic risk arising out of economic wide uncertainties. As a matter of fact, Index Model is very common in practice as leading stock exchanges of India make use of this model for beta estimation. Our study aims at this approach of beta estimation for establishing how beta coefficients for aggressive stocks prove to be more reliable than defensive stocks. Since Index Model is linear and envisages the premise of Simple Linear Regression, the researchers compare reliability of beta coefficients for aggressive and defensive stocks on the basis of R-squired statistic.
About Indian Journal of Finance
Indian Journal of Finance, a source of sophisticated analysis of developments in the rapidly expanding world of finance, is a monthly journal with topics ranging from corporate to personal finance, insurance to financial economics and derivatives.