Common Risk Factors in Stock and Bond Returns: A Comprehensive Analysis
Investment Paper 2: Common risk factors in the returns
On stocks and bonds:
This
Paper identities five common
risk factors in the returns on stocks and bonds.
There are
three stock–
Market factors: an overall market factor and
factors related to firm size and book-to-market equity.
There are two bond-market factors. Related to maturity
and default risks. Most important. The five factors seem
to explain average returns On stocks and bonds. They
used the time-series regressions to attack the central
asset-pricing
Read MoreRisk Factors, Global Factors, and Corporate Finance: A Collection of Investment Papers
Investment Paper 2: Common risk factors in the returns
On stocks and bonds:
This
Paper identities five common
risk factors in the returns on stocks and bonds.
There are
three stock-market factors: an overall market factor and
factors related to firm size and book-to-market equity.
There are two bond-market factors. Related to maturity
and default risks. Most important. The five factors seem
to explain average returns On stocks and bonds. They
used the time-series regressions to attack the central
asset-pricing
Read MoreCommon Risk Factors in Stock and Bond Returns: A Comprehensive Analysis
Investment Paper 2: Common Risk Factors in the Returns on Stocks and Bonds: This paper identifies five common risk factors in the returns on stocks and bonds.
There are three stock-market factors: an overall market factor and factors related to firm size and book-to-market equity. There are two bond-market factors related to maturity and default risks.
Most importantly, the five factors seem to explain average returns on stocks and bonds. They used time-series regressions to address the central asset-
Read MoreCommon Risk Factors in Stock and Bond Returns: A Comprehensive Analysis
Investment Paper 2: Common Risk Factors in the Returns on Stocks and Bonds: This paper identifies five common risk factors in the returns on stocks and bonds.
There are three stock-market factors: an overall market factor and factors related to firm size and book-to-market equity. There are two bond-market factors related to maturity and default risks.
Most importantly, the five factors seem to explain average returns on stocks and bonds. They used time-series regressions to address the central asset-
Read MoreCommon Risk Factors and Global Financial Trends
Investment Paper 2: Common Risk Factors in Stock and Bond Returns
This paper identifies five common risk factors in the returns on stocks and bonds. There are three stock-market factors: an overall market factor and factors related to firm size and book-to-market equity.
There are two bond-market factors related to maturity and default risks. Most importantly, the five factors seem to explain average returns on stocks and bonds.
The authors used time-series regressions to address central asset-pricing
Read MoreCommon Risk Factors in Stock and Bond Returns: A Comprehensive Analysis
Investment Paper 2: Common Risk Factors in the Returns on Stocks and Bonds: This paper identifies five common risk factors in the returns on stocks and bonds.
There are three stock-market factors: an overall market factor and factors related to firm size and book-to-market equity. There are two bond-market factors related to maturity and default risks.
Most importantly, the five factors seem to explain average returns on stocks and bonds. They used time-series regressions to address the central asset-
Read More