Hostname: page-component-77c89778f8-gq7q9 Total loading time: 0 Render date: 2024-07-23T11:38:34.348Z Has data issue: false hasContentIssue false
  • English
  • Français

Abstract: Usefulness of Historical Risk Data to Estimate the Probability of Future Loss for Common Stocks

Published online by Cambridge University Press:  19 October 2009

Shannon P. Pratt  and
Frank T. Magiera
Get access Rights & Permissions [Opens in a new window]

Extract

The purpose of this research is to compare empirically the usefulness of two historical risk, measures to predict the probability of future loss of various magnitudes resulting from investment in different common stocks. The two risk measures are the mean absolute deviation and the standard deviation of the natural logarithms of monthly investment performance relatives.

Type
Research Article
Information
Journal of Financial and Quantitative Analysis , Volume 7 , Issue 2 , March 1972 , pp. 1647
Copyright
Copyright © School of Business Administration, University of Washington 1972

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.)