Question: What is the difference between a historical beta, an adjusted beta, and a fundamental beta? Does it matter which beta is used, and if so,

What is the difference between a historical beta, an adjusted beta, and a fundamental beta? Does it matter which beta is used, and if so, which is best?

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An historical beta is simply the slope of a regression line between returns on a stock and returns on some market index during some past period Historical betas can vary significantly depending on the ... View full answer

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