A comparison of fundamental and historical beta in assessment of systematic risk Evidence from Tehran Security Exchange

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

GHALIBAF ASL HASAN; Salmalian Sahar

Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: FINANCIAL KNOWLEDGE OF SECURITY ANALYSIS (FINANCIAL STUDIES) Year:2019 | Volume:12 | Issue:43 Page(s): 181-192

Download Full-Text

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Persian Verion

View:

748

Download:

Cites:

Information Journal Paper

Title

A comparison of fundamental and historical beta in assessment of systematic risk Evidence from Tehran Security Exchange

Author(s)

GHALIBAF ASL HASAN | Salmalian Sahar | Issue Writer Certificate

Keywords

fundamental betaQ1

historical betaQ1

systematic riskQ1

information accountingQ1

Abstract

One of the most important aspects of investing is the risk of that investment. considering systematic and unsystematic risk as total risk, a part of risk that not deleted by diversification is called systematic risk. The purpose of this research is a comparison between two criteria of systematic risk assessment, the fundamental beta and historical beta. before that, the effect of financial statements information on the historical beta is investigated. For this purpose, the data of 33 companies that is selected by sifting method were collected during the period 1386-1395 using econometric methods of time series and pooled data. The results show that among the 7 accounting variables tested in this study (financial leverage, operating leverage, liquidity, fluctuation of earnings per share, percentage of dividend, size, and growth), 3 variables, namely, financial leverage, liquidity and size of firm affected The historical beta, and the historical beta, despite easiness in calculation, has a better performance than fundamental beta

Cites

No record.

References

No record.

Cite

APA: Copy

GHALIBAF ASL, HASAN, & Salmalian, Sahar. (2019). A comparison of fundamental and historical beta in assessment of systematic risk Evidence from Tehran Security Exchange. FINANCIAL KNOWLEDGE OF SECURITY ANALYSIS (FINANCIAL STUDIES), 12(43 ), 181-192. SID. https://sid.ir/paper/200080/en

Vancouver: Copy

GHALIBAF ASL HASAN, Salmalian Sahar. A comparison of fundamental and historical beta in assessment of systematic risk Evidence from Tehran Security Exchange. FINANCIAL KNOWLEDGE OF SECURITY ANALYSIS (FINANCIAL STUDIES)[Internet]. 2019;12(43 ):181-192. Available from: https://sid.ir/paper/200080/en

IEEE: Copy

HASAN GHALIBAF ASL, and Sahar Salmalian, “A comparison of fundamental and historical beta in assessment of systematic risk Evidence from Tehran Security Exchange,” FINANCIAL KNOWLEDGE OF SECURITY ANALYSIS (FINANCIAL STUDIES), vol. 12, no. 43 , pp. 181–192, 2019, [Online]. Available: https://sid.ir/paper/200080/en

Related Journal Papers