Question
From regressing FORD'S excess returns on market's excess returns (S&P 500) Coefficient Estimate P-Value Intercept -0.01 0.02 Market Index 0.09 0.01 Adj. R sq 0.95
From regressing FORD'S excess returns on market's excess returns (S&P 500)
Coefficient Estimate P-Value
Intercept -0.01 0.02
Market Index 0.09 0.01
Adj. R sq 0.95
Observations 60
Is FORD more or less risky than the S&P 500?
How did FORD perform relative to the market on a risk-adjusted basis? (assuming CAPM is true)
How well does CAPM explain the returns on FORD?
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
12th Edition
0357442156, 978-0357442159
