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  • Moreover,when the tests allow for variation in β that is unrelated to size,the relation between market β and average ret

    Moreover,when the tests allow for variation in β that is unrelated to size,the relation between market β and average return is flat,even when β is the only explanatory variable.
    這里的"flat"怎么翻譯?
    英語人氣:513 ℃時(shí)間:2020-05-12 06:07:15
    優(yōu)質(zhì)解答
    無變化的,一定的
    此外,當(dāng)測(cè)試允許變化大小無關(guān)的關(guān)系,即使是唯一的表達(dá)變量,市場(chǎng)和平均收益率也是一定的,
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