Question—Risk premium and volatility

是 否 +2 论坛币

k人 参与回答

经管之家送您一份

应届毕业生专属福利!

求职就业群

赵安豆老师微信：zhaoandou666

经管之家联合CDA

送您一个全额奖学金名额~ !

立即领取

感谢您参与论坛问题回答

经管之家送您两个论坛币！

+2 论坛币

Riskpremium is proportional to the risk an asset is exposed to. Since risk levelcan be measured by volatility, so a very volatile stock must offer a highpremium.请问这表述是对的吗，为什么？

扫码加我 拉你入群

请注明：姓名-公司-职位

以便审核进群资格，未注明则拒绝

分享0 收藏0 回帖

关键词：Volatility question premium Quest Risk

这个是对的吧，个人觉得。
风险越大，回报越大。
所以股票收益应该比债券高。

generally speaking, it is a good intuition.
However, it is not that easy to give an exact answer to your question.
Firstly, whether higher risk leads to higher return is uncertain. Secondly,
how to volatility is measured or observed is still controversial. There are many
theoretical arguments as well as empirical evidences in support for both sides.