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The Capital Asset Pricing Model (CAPM) and Arbitrage Portfolio Theory (APT) have been commonly used techniques in the global investing community for calculating the required return of a risky asset. This paper investigates whether CAPM and APT are valid models for determining price/return of the...
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structure on stock return in the context of oil and gas sector of Pakistan. For this purpose the analysis is conducted on 10 oil … and gas companies operating in Pakistan on the basis of availability of data over the period of 2005 to 2014. To examine … capital structure does affect the stock return of oil and gas companies in Pakistan. Furthermore, debt to equity ratio and …
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