An empirical evaluation of CAPM’s validity in the British stock exchange

URI	http://purl.tuc.gr/dl/dias/43B0F006-C2CF-471F-B1A1-2AFE029664C0	-
Identifier	http://universitypress.org.uk/journals/ami/19-092.pdf	-
Language	en	-
Extent	8 pages	en
Title	An empirical evaluation of CAPM’s validity in the British stock exchange	en
Creator	Loukeris Nikolaos	en
Creator	Λουκερης Νικολαος	el
Creator	Matsatsinis Nikolaos	en
Creator	Ματσατσινης Νικολαος	el
Content Summary	The CAPM under the means of the two step regression procedure indicated that the cross section of average excess security return is positively related to beta. Under a frame of Computational Econometrics the two step regression procedure is implemented into CAPM, concluding that the strict CAPM test rejects the second H0 hypothesis on the market risk premium, hence the slope of the Security Market Line (SML) is different from the slope of SML indicated by CAPM. Consequently the CAPM has not a statistical significance in Portfolio Selection.	en
Type of Item	Peer-Reviewed Journal Publication	en
Type of Item	Δημοσίευση σε Περιοδικό με Κριτές	el
License	http://creativecommons.org/licenses/by/4.0/	en
Date of Item	2015-11-03	-
Date of Publication	2009	-
Subject	Capability, Financial (Financial literacy)	en
Subject	Financial capability (Financial literacy)	en
Subject	Literacy, Financial	en
Subject	financial literacy	en
Subject	capability financial financial literacy	en
Subject	financial capability financial literacy	en
Subject	literacy financial	en
Bibliographic Citation		en

Export

Metadata & Content in a METS Package:

Metadata in Format: