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STATISTICAL BIASES AND SECURITY RATES OF RETURN.

Authors :
Cheng, Pao L.
Deets, M. King
Source :
Journal of Financial & Quantitative Analysis; Jun71, Vol. 6 Issue 3, p977-994, 18p
Publication Year :
1971

Abstract

The article presents an exploration into the formation of annualization and overlapping biases in security rate of return statistical models through the underlying bias within the expected geometric mean return concerning the estimation of the population mean. Additional relationships between the geometric mean and the internal rate of return are also outlined.

Details

Language :
English
ISSN :
00221090
Volume :
6
Issue :
3
Database :
Complementary Index
Journal :
Journal of Financial & Quantitative Analysis
Publication Type :
Academic Journal
Accession number :
5722516
Full Text :
https://doi.org/10.2307/2329915