https://communities.sas.com/t5/SAS-Procedures/IDVOL/m-p/390852#M66169 <P>Hi all, I am trying to use IDVOL macro to&nbsp;estimate idiosyncratic risk. I ran the macro but realised that this macro gives&nbsp;the&nbsp;measure for each day.&nbsp;I was wondering how I can&nbsp;annualse it. Is it correct if I get an average of the measure per year. Thank you</P> Fri, 25 Aug 2017 09:01:13 GMT khedmatim 2017-08-25T09:01:13Z https://communities.sas.com/t5/SAS-Procedures/IDVOL/m-p/390852#M66169 <P>Hi all, I am trying to use IDVOL macro to&nbsp;estimate idiosyncratic risk. I ran the macro but realised that this macro gives&nbsp;the&nbsp;measure for each day.&nbsp;I was wondering how I can&nbsp;annualse it. Is it correct if I get an average of the measure per year. Thank you</P> Fri, 25 Aug 2017 09:01:13 GMT https://communities.sas.com/t5/SAS-Procedures/IDVOL/m-p/390852#M66169 khedmatim 2017-08-25T09:01:13Z https://communities.sas.com/t5/SAS-Procedures/IDVOL/m-p/390856#M66170 <P>This macro is not part of the SAS product, therefore I don't see how we can help you with it. &nbsp;The only information I could find on this was another post mentioning something called WRDS:</P> <P><A href="https://communities.sas.com/t5/SAS-Procedures/How-to-use-idvol-macro-to-calculate-month-end-idiosyncratic/td-p/179433" target="_blank">https://communities.sas.com/t5/SAS-Procedures/How-to-use-idvol-macro-to-calculate-month-end-idiosyncratic/td-p/179433</A></P> <P>&nbsp;</P> <P>Try contacting the author/owner of that code?</P> Fri, 25 Aug 2017 09:16:20 GMT https://communities.sas.com/t5/SAS-Procedures/IDVOL/m-p/390856#M66170 RW9 2017-08-25T09:16:20Z