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You have two estimates of the beta of a share listed on the London stock exchange. Both estimates are calculated by regressing returns on the
- You have two estimates of the beta of a share listed on the London stock exchange. Both estimates are calculated by regressing returns on the share against returns on the FTSE 100 index over the last five years. One is computed using daily returns, while the other is computed using weekly returns. The first estimate is 0.72, and the second is 0.95. What explanations might there be for the difference?
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