---
title: Investor Risk Appetite and High-Beta Stock Valuation Analysis
url: https://www.ml-quant.com/papers/ssrn/4623331/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4623331
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4623331
featured: 2023-11-08
citations: unknown
topic: Macro-Finance & Rates
---


# Investor Risk Appetite and High-Beta Stock Valuation Analysis

The study reveals a pattern in high-beta stock returns around macroeconomic announcements, indicating that investor risk appetite significantly influences these returns.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4623331
- Identifier: SSRN 4623331
- Released: 2023-11-04
- First featured: Quant Letter No. 25 (2023-11-08): https://www.ml-quant.com/issues/2023-11-08/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Macro-Finance & Rates

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