NO.PZ2015121801000089
问题如下:
With respect to return-generating models, the intercept term of the market model is the asset’s estimated:
选项:
A.
beta.
B.
alpha.
C.
variance.
解释:
B is correct.
In the market model, Ri =αi +βiRm +ei, the intercept, αi, and slope coefficient, βi, are estimated using historical security and market returns.
这是什么公式,在哪里讲过