Baghdadabad, Mohammad Reza Tavakoli; Glabadanidis, Paskalis - In: Review of Pacific Basin Financial Markets and Policies … 16 (2013) 04, pp. 1350028-1
pricing model (CAPM). One of the attributes of the model is an estimate of risk by beta, which in equilibrium describe the … support the average drawdown beta and the pricing model of average drawdown CAPM versus the conventional beta and CAPM in a …