12.超额收益(excesss return)意味着超过无风险收益率的基金收益 率,詹森α的定义是在假设市场均衡的条件下,超过基准期望收益 率的基金收益率为非正常(abno...
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GSCI Excess Return Index 高盛商品超额收益指数
Cumulative Excess Return 累计超额收益
Excess Return ER 额外回报
excess return rate 超额收益率
abnormal excess return rate 累积超额收益率
expected excess return-to-standard deviation ratio 单位风险预期超额收益
excess sample return line 剩余样品回流管线
Research abroad shows that the turnover of a firm’s control right can bring about 20% abnormal excess return rate to the stockholders of the target firm.
国外有研究表明,控制权转移能给目标公司股东带来20%左右的超额收益率。
参考来源 - 上市公司控制权转移与市场反应·2,447,543篇论文数据,部分数据来源于NoteExpress
Whatever the excess return from equities, it is a reward for risk.
无论股票的超额收益有多少,都存在风险。
Second, there were over reactions and excess return during M&A.
其次,并购期间,市场存在过度反应并能获取超额受益;
The capitalized value of this excess return is economic Goodwill.
这一超出市场回报的价值被资本化就变成了经济商誉。
I mean, do you really--you might wonder, aren't people missing something if the excess return is so high of stocks over short-term bonds?
我是指,你们真的。。。你们也会怀疑,这里是不是少了点什么,如果股票收益率高出短期债券收益率那么多?
I'll let you read Siegel and his discussion of this possibility, ... but I think that-- what I want to get now is not necessarily any agreement on whether you believe that there's such a high excess return for stocks.
我会要求你们读西格尔的书,以及他对这种可能性的讨论,但是我认为-,你们并不需要,同意炒股的收益,远远高于其他的投资方式。
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