1. One of the characteristics of high beta stocks is that they often have volatile earnings performances....
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1. One of the characteristics of high beta stocks is that they often have volatile earnings performances. Let’s check out Alcoa. Compute the year-to-year percentage change in “Diluted-Income from Continuing Operations” for each of the five years. Do the earnings appear to be volatile?
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Related Book For 
Foundations Of Financial Management
ISBN: 9780073382388
13th Edition
Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley R. Danielsen
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