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Common Stock Price Volatility Measures and Patterns

Published online by Cambridge University Press:  19 October 2009

Edward I. Altman  and
Robert A. Schwartz
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Extract

This study is another attempt to analyze the behavior of common stock prices. In the last decade, and even before that, literature has spewed forth an abundant supply of studies in this area, from random walkers, to optimum portfolioers, to performance measurers. Terms such as risk and return, variance and covariance, and variability and volatility proliferate journal pages and our daily conversations.

Type
Security Analysis
Information
Journal of Financial and Quantitative Analysis , Volume 4 , Issue 5 , January 1970 , pp. 603 - 625
Copyright
Copyright © School of Business Administration, University of Washington 1970

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