Question
Two portfolio managers use different procedures to estimate alpha. One uses a single-index model regression, the other the Fama-French model. Other things being equal, would
Two portfolio managers use different procedures to estimate alpha. One uses a single-index model regression, the other the Fama-French model. Other things being equal, would you prefer the portfolio with the larger alpha based on the index model or the FF model?
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The Entrepreneur's Growth Startup Handbook 7 Secrets To Venture Funding And Successful Growth
Authors: David N. Feldman
1st Edition
1118445651, 978-1118445655
