Atkins, Allen B.; Ng, Pin T. - In: Journal of risk and financial management : JRFM 7 (2014) 2, pp. 67-79
The Capital Asset Pricing Model (CAPM) has been a key theory in financial economics since the 1960s. One of its main contributions is to attempt to identify how the risk of a particular stock is related to the risk of the overall stock market using the risk measure Beta. If the relationship...
