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Amihud measure explained: liquidity risk of stocks (Excel)
Автор: NEDL
Загружено: 2021-09-27
Просмотров: 8299
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How to measure the liquidity or illiquidity of a stock? And how does it relate to liquidity risk and liquidity costs when trading large volumes? Today we are investigating the Amihud (2002) liquidity measure and its subsequent revisions and improvements and apply it to understand the liquidity risk when investing in stocks.
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