---
title: An Analytic Solution to the Mean-Variance Equilibrium: Is the Market Beta a Valuable Tool?
url: https://www.ml-quant.com/papers/ssrn/4751502/
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 4751502
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4751502
featured: 2024-03-13
citations: 0
topic: Portfolio & Allocation
---


# An Analytic Solution to the Mean-Variance Equilibrium: Is the Market Beta a Valuable Tool?

In the Markowitz market, market clearing is the same as the market portfolio's clearing, and the CAPM equation is equivalent to the semi-clearing condition, which determines the composition value percentage of the market portfolio.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4751502
- Identifier: SSRN 4751502
- Released: 2024-03-07
- First featured: Quant Letter No. 40 (2024-03-13): https://www.ml-quant.com/issues/2024-03-13/
- Citations (Semantic Scholar): 0
- Published in: not yet
- Topic: Portfolio & Allocation

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