How is beta derived from a security's market model? Why are high beta securities termed aggressive? Why

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How is beta derived from a security's market model? Why are high beta securities termed "aggressive"? Why are low beta securities termed "defensive"?

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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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Question Posted: Mar 16, 2016 02:50 AM

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How is beta derived from a security's market model? Why are high beta securities termed aggressive? Why

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Beta as derived from the market model is the slope of the regression line relati...View the full answer

Fundamentals of Investments

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