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X Market Excess Return X Market Excess Return

X Market Excess Return - PDF document

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Uploaded On 2021-06-12

X Market Excess Return - PPT Presentation

4 2 0 2 4 2 1 0 1 2 3 4 5 x y 002 001 000 001 002 004 002 000 001 002 003 XOM Y Stock Excess Return 5 10 15 20 25 30 00 02 04 06 08 10 ecdfx x Fnx 5 10 15 20 25 ID: 840525

return excess excess return

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Presentation Transcript

1 -4 -2 0 2 4 -2 -
-4 -2 0 2 4 -2 -

2 1 0 1 2 3 4 5 x
1 0 1 2 3 4 5 x

3 y -0.02 -0.01 0.
y -0.02 -0.01 0.

4 00 0.01 0.02 -0.
00 0.01 0.02 -0.

5 04 -0.02 0.00 0.
04 -0.02 0.00 0.

6 01 0.02 0.03 XOM
01 0.02 0.03 XOM

7 X (Market Exces
X (Market Exces

8 s Return) Y (Sto
s Return) Y (Sto

9 ck Excess Return
ck Excess Return

10 ) 5 10 15 20 25
) 5 10 15 20 25

11 30 0.0 0.2 0.4 0
30 0.0 0.2 0.4 0

12 .6 0.8 1.0 ecdf(
.6 0.8 1.0 ecdf(

13 x) x Fn(x) 5 10
x) x Fn(x) 5 10