does is make any sense to calculate betas against


Does is make any sense to calculate betas against local indexes when a company has a great part of its operations outside this local market?

Both the betas calculated against local indexes as well as those measured against international indexes are not very useful, as we can see from the following graphs which show the betas of Santander calculated with eachday data during the past 5 years.

 

Request for Solution File

Ask an Expert for Answer!!
Financial Management: does is make any sense to calculate betas against
Reference No:- TGS0331290

Expected delivery within 24 Hours