Debating the Risk and Rate-of-Return Connection

March 1998
Financial Executive;Mar/Apr98, Vol. 14 Issue 2, p8
Academic Journal
The article discusses research by professors Sheridan Titman and Kent Daniel that suggests risk does not determine the expected return on a stock. They instead conclude that such measures as capitalization, book-to-market ratio, and momentum are better indicators of return. Their work was published in the "Journal of Finance."


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