Abbas, Nahzat; Khan, Jahanzeb; Aziz, Rabia; Sumrani, Zain - In: International Journal of Financial Research 6 (2015) 1, pp. 90-100
This study aims to test the explanatory power of Fama and French three factor model (1993) in explaining cross-sectional average return for Pakistan¡¯s equity market for the time frame of 10 years from 2004-2014. The sample includes firms that traded on KSE-100 index from 2004-2014. Six...