Article Archive For Keyword:
Proxy
A Duration Proxy For Stock Portfolios by George R. Arrington, Ph.D.
ARTICLE SYNOPSIS...Duration, used in fixed-income portfolios to measure risk associated with changes in interest rates, is applied here to measure the risk of a stock portfolio.
The duration statistic has proved
to be a valuable risk indicator
for fixed-income portfolios
AUTHOR: George R. Arrington, Ph.D.DATE: AUG 1998
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