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Excess volatility refers to the larger movements in market prices of stock than in their fundamental values. the unwillingness of financial analysts to consistently recommend
Excess volatility refers to the larger movements in market prices of stock than in their fundamental values. the unwillingness of financial analysts to consistently recommend the same stocks. the tendency for stocks with high rates of returns also to have quite variable returns. the greater volatility of futures prices compared to the volatility of prices of the underlying assets
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