• Skip to primary navigation
  • Skip to main content

EACVA

European Association of Certified Valuators and Analysts

  • Home
  • Association
    • EACVA’s Mission
    • Benefits of Membership
    • Classifications of Membership
    • Become a Member
    • NACVA / EACVA Professional Standards
    • NACVA | GACVA Standard Comparison Charts
  • Certified Valuation Analyst (CVA)
    • CVA Training and Exam
    • CVA Training and Exam Registration
    • Info Webcast: Certified Valuation Analyst (CVA)
    • The Core Body of Knowledge for Business Valuations
    • ANSI & NCCA Accredited
    • CVA Candidate Status
  • Business Valuation Events
    • Webcast – Around the Valuation World international
    • Annual International Business Valuation Conference 2023
    • Business Valuation Seminars
      • Live Web-Seminar: Valuation Meets ESG & Sustainability
    • Introduction to Business Valuation – Free Webcasts
  • European Business Valuation Magazine (EBVM)
    • Become an Author
  • Blog
  • Contact Us
  • Show Search
Hide Search

Using a Non-Beta-Adjusted Size Premium in the Context of the CAPM Will Likely Overstate Risk and Understate Value

Wolfgang Kniest · February 4, 2019

Article by Roger Ibbotson and James Harrington about measuring the Relative Performance of Small Stock vs. Large Stock and the Cost of Equity.

Discussion of two different ways of measuring the relative performance of small stocks versus large stocks:

  • “small stock premium”
  • “beta-adjusted size premium”

Download the article.

Organization

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Join EACVA today. Apply for Membership.

Learn More

Copyright © 2023 EACVA. All rights reserved.

  • Contact Us
  • Privacy Policy
  • Imprint