Hostname: page-component-586b7cd67f-2brh9 Total loading time: 0 Render date: 2024-12-05T02:42:20.462Z Has data issue: false hasContentIssue false
  • English
  • Français

Abstract: Rate-of-Return Characteristics and Risk-Return Relationships of Low-Priced, Highly Speculative Securities

Published online by Cambridge University Press:  19 October 2009

Norman D. Gardner
Get access Rights & Permissions [Opens in a new window]

Extract

Purpose. The purpose of this paper is to examine the rate-of-return characteristics and risk-return relationships of low-priced, highly speculative securities and to compare these with those of so-called higher-quality issues. The capital asset pricing model is used as a framework for conducting this analysis.

Type
XII. Securities–Risk and Return
Information
Journal of Financial and Quantitative Analysis , Volume 11 , Issue 4 , November 1976 , pp. 645
Copyright
Copyright © School of Business Administration, University of Washington 1976

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)