2024年2月20日 · What is the Slope of the Security Market Line? The slope of the security market line (SML) is the reward-to-risk ratio, which equals the difference between the expected …

The security market line (SML) is the Capital Asset Pricing Model (CAPM). It gives the market's expected return at different systematic or market risk levels. It is also called the 'characteristic …

2022年3月29日 · What Is the Security Market Line? The security market line (SML) is a line drawn on a chart that serves as a graphical representation of the capital asset pricing model...

Security market line (SML) is the representation of the capital asset pricing model. It displays the expected rate of return of an individual security as a function of systematic, non-diversifiable risk. The risk of an individual risky security reflects the volatility of the return from the security rather than the return of the market portfolio.

（1）定义： 资本资产定价模型 （CAPM）的图示形式称为证券市场线（SML)。 它主要用来说明 投资组合报酬率与系统风险程度 β系数 之间的关系。 SML揭示了市场上所有风险性资产的均衡期望收益率与风险之间的关系。 （3）几何图像： 2、资本市场线（CML）： （1）定义： 资本市场线（CML）是指表明 有效组合的期望收益率和标准差之间的一种简单的线性关系的一条射线。 它是沿着投资组合的有效边界，由风险资产和 无风险资产 构成的投资组合。 （3）几何图像： 二 …

2024年4月1日 · The slope of the SML represents the market risk premium. A steeper slope implies a higher premium for taking on additional risk, potentially influencing investors to seek …

2024年11月29日 · What Is the Security Market Line (SML)? The security market line (SML) plots the relationships between an asset's expected return and beta. It represents the expected return for bearing systematic risk. Generally, stocks with high betas (systematic/unsystematic risk) carry greater expected returns.

2021年9月1日 · The SML, which is upward sloping, shows the expected return on an asset for each level of risk. The securities that appear on the left (right) side of the SML are considered undervalued (overvalued).

2022年6月2日 · This market risk premium guides the slope of the SML. The slope will be steep with a high market risk premium, and gradually it will decrease as the market risk premium goes down. A zero beta security or security with a nil market risk premium has the risk-free rate as its expected rate of return.

2024年5月1日 · What is the Slope of the Security Market Line? The slope of the SML is determined by the market risk premium, which is the difference between the expected market return and the risk-free rate.