- Your research paper is written by certified writers
- Your requirements and targets are always met
- You are able to control the progress of your writing assignment
- You get a chance to become an excellent student!
Essay Details:
Essay text:
Like Treynor, Jenson also considered only the un-diversifiable risk, assuming that the portfolio eliminates the diversifiable risk.
ri = ¦A + rf + ¦Ai [ E(rm) ?Crf ] = ¦A + E (ri)
¦A = ri ?C rf ?C ¦Ai [ E(rm) ?Crf ]
¦A here is named as Jensen??s Alpha, as illustrated in diagram:
This measure indicates the difference between the portfolio's actual return and its expected return. According to efficient market hypothesis, the portfolio return should be on the SML, which means Jensen??s alpha is supposed to be zero and that indicates the portfolio was able to earn just its expected return...
Calculate a fair price for your order
Do you need an essay?
A professional team of writers is able to craft custom essays from scratch according to your instructions. We are ready to satisfy writing needs of every demanding customer.
Do you need many essays?
The product provided is intended to be used for research or study purposes. Get instant access to over 200,000 papers.
Common topics in this essay:
- “Romania And Bulgaria Are Scheduled To Join To The European Union On 1 January 2007. Using Market Analysis, Discuss Some Possible Implications For The Uk Labor Market.”
- CAPITAL MARKET ANALYSIS: A DICUSSION ON EFFICIENT MARKET HYPOTHESIS
- Efficient Market Hypothesis
- Efficient Market Hypothesis
- efficient-market
- Market Analysis - Introduction To Market Share
- Migros Corporate Governance Analysis According To Capital Market Board
- market audit and competitive market analysis
- The Advantages And Disadvantages Of Free Market Economy, Price Determination With Market Forces. And Government Intervention With Free Market Equilibrium Price And The More Suitable Model For The Sudan
- The Collapse Of Enron Seemed To Be A Thumb In The Nose To The Efficient Markets Hypothesis And Agency Theory. Discuss.
- The Efficient Market Hypothesis
- Efficient Market Hypothesis An
- Efficient Market Theory A Cont
- Efficient Market Theory: A Contradiction Of Terms
- Market analysis and market opportunities
Feedback of people who used our services.
Similar Essays:
3 pages / 885 words |
|||
1 pages / 260 words |
|||
2 pages / 416 words |
|||
3 pages / 771 words |
|||
2 pages / 531 words |
|||
3 pages / 771 words |
|||
4 pages / 1055 words |