Risk and Return Analysis of Stocks Listed on the Kuala Lumpur Stock Exchange's (KLSE) Second Board
Investors prefer to invest in securities or portfolios that can give them predictable expected return to their investment Other than the average return, the standard deviation and the coefficient of variation measures how the values are spread out This statistics indicate investment risk with res...
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| Main Author: | |
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| Format: | Project Paper Report |
| Language: | English English |
| Published: |
1997
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| Online Access: | http://psasir.upm.edu.my/id/eprint/7885/1/GSM_1997_1_A.pdf http://psasir.upm.edu.my/id/eprint/7885/ |
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| Institution: | Universiti Putra Malaysia |
| Language: | English English |
| Summary: | Investors prefer to invest in securities or portfolios that can give them predictable
expected return to their investment Other than the average return, the standard
deviation and the coefficient of variation measures how the values are spread out
This statistics indicate investment risk with respect to the portfolio foanation
method. The findings are consistent to previous findings which suggest that
securities with higher risk tead to have higher returns as compared to the lower
risk securities. The findings show that risk diversification is achieved through
portfolio formation. Portfolio beta, average return, standard deviation and
coefficient of variation are relatively constant, irrespective of the method of
portfolio formation. |
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