Investment Decisions and Implications of CAPM : A Comparison of Cement and Power Generation & Distribution Sector of Pakistan

This paper consists on an empirical study and testing of the relationship between the Beta and Expected return of the Cement and Power generation & distribution sector of Pakistan. The data consisted on time period of 5 years.It discusses regression analysis of Beta and Expected return of both the sectors and result concludes that there is a significant positive relationship between Beta and Expected return. The over all analysis of the both sectors suggests that Cement Sector is more attractive than Power Generation and Distribution sector for investment decisions in Pakistan