Price crash risk of risk factors: Evidence from U.S. stock markets
碩士 === 國立政治大學 === 國際經營與貿易學系 === 107 === In traditional investment theory, it is often assumed that asset returns are normal distribution. However, the distribution of returns in the real financial market is asymmetric, and most of the large fluctuations are falling. Take the S&P500 as an example...
| Main Authors: | , |
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2019
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| Online Access: | http://ndltd.ncl.edu.tw/handle/ehmwmj |