Question
Because of a news announcement, my company earned a 9% return yesterday on the same day that the S&P earned 2%. My company's beta is
Because of a news announcement, my company earned a 9% return yesterday on the same day that the S&P earned 2%. My company's beta is 1.5 and the standard deviation of my stock is 20%. If the risk-free rate is 0% how much of my company's stock price can I claim was due to the news event?
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Fundamentals Of Healthcare Finance
Authors: Paula H. Song, Kristin L. Reiter
4th Edition
1640553223, 978-1640553224
