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This article shows that it can take a long period of time until research knowledge finds its application in practice and get disseminated as innovation trend. Factor-based investing is such an example. Having its developing roots in the nineties, it took more than two decades until this approach...
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Capital Asset Pricing Model (CAPM) and cost-ofcarry relationship. We apply the technical trading rules developed from spot … market prices, on futures market prices using a CAPM based hedge ratio. Historical daily prices of twenty stocks from each of …
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