RISKMEASUREMENTANDHURDLERATESINPRACTICE幻灯片.ppt

Disney’s performance has improved in the last 2 years, relative to the five years prior and that performance itself was better than the 5 years before that. Disney has improved markedly as an investment. Some of this improvement can be traced to Bob Iger ascending to CEO… and some of it is chance. Note also that this is a weekly regression… hence, we compute a weekly riskfree rate, using the average T.Bill rate for the last two years (about 2%) Deconstructing Tata Chemical’s beta page, we find that Tata Chemicals did worse than expected over the period – by 4.29% in an annual basis. (Here is