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Finding 4719Emerging EvidenceValidation V0

Persistence: slower reversion $k$ raises exposure to $x$, amplifying valuations. Excess volatility occurs when prices of risk for permanent and transitory shocks align, letting shocks magnify returns beyond dividend growth.

72%Confidence
1Evidence objects
v1Version
DraftStatus

Evidence trail

Supporting72% linkage confidence
Persistence: slower reversion $k$ raises exposure to $x$, amplifying valuations. Excess volatility occurs when prices of risk for permanent and transitory shocks align, letting shocks magnify returns beyond dividend growth.

key_findings bullet 2 · key_findings

Inspect source: Good Times and the Dividend Yield →
Knowledge status

This Finding was extracted from the configured corpus. It is versioned, traceable, and may evolve through editorial review or new corpus evidence.