Volatility, Growth Options, and Returns
The study reveals that growth firms and high idiosyncratic volatility firms outperform the CAPM during periods of high aggregate volatility, thus lowering their risk.
Featured in No. 39 on 6 Mar 2024 ·
- Released
- 1 Oct 2023
- First featured
- No. 39 · 6 Mar 2024
- Published in
- Not yet, as far as Semantic Scholar knows
- Shares when featured
- 21
- Identifier
- RePEc:oup:rasset:v:13:y:2023:i:4:p:653-690.
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