The Characteristics of Security Returns
Lecture no. 4 from the course: Advanced Investments
Taught by Professor Steve L. Slezak | 32 min | Categories: The Great Courses Plus Online Economics & Finance Courses
Review concepts from probability and statistics that are essential to know in investing. Focus on formulas that measure three characteristics of an asset: its expected return, its return variance (or volatility), and the covariance (or correlation) of its return with the returns on other assets.