Compare the first four and last four industries in Table 8.3. What characteristic seems to determine whether
Question:
Compare the first four and last four industries in Table 8.3. What characteristic seems to determine whether the adjustment factor is positive or negative?
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Table 8.3 Industry Beta Adjustment Factor Agriculture 0.99 -0.140 Industry betas and adjustment factors Drugs and medicine 1.14. -0.099 Energy utilities 0.60 -0.237 Gold 0.36 -0.827 Construction 1.27 0.062 Air transport 1.80 0.348 Trucking 1.31 0.098 Consumer durables 1.44 0.132
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Related Book For
ISE Investments
ISBN: 9781260571158
12th International Edition
Authors: Zvi Bodie, Alex Kane, Alan Marcus
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