Definition of Characteristic line - Finance dictionary
Characteristic line(See Chapter 18 of the Vernimmen)
The characteristic line of the Security is the graphically presented regression of the Security's Return versus that of the market. The slope of this line is equal to the Beta of the Security.
Characteristic line(See Chapter 18 of the Vernimmen)
The characteristic line of the Security is the graphically presented regression of the Security's Return versus that of the market. The slope of this line is equal to the Beta of the Security.
Characteristic line(See Chapter 18 of the Vernimmen)
The characteristic line of the Security is the graphically presented regression of the Security's Return versus that of the market. The slope of this line is equal to the Beta of the Security.