The study tries to practically use the widely taught Capital Asset Pricing Model (CAPM) model for making investment … decisions on Bombay Stock Exchange (BSE) –500 Index. Using CAPM, the study tries to investigate whether securities on BSE 500 …

Regardless of whether the CAPM is rejected for valid reasons or by mistake, a single long-short portfolio will always …

capital valuation and interest in the early part of 20th c,, valuation theory has not been static. A particular spurt of … activity has been observed in the 1950-1960th when the theory of pricing financial assets has been elaborated starting from …, therefore, predicating a valuation theory on distributional statistical concepts of average returns and standard deviations, in …

of risk (and the market premium) theoretically truncated at zero. The best linear (CAPM) function describing this …

When using high-frequency data, the conditional CAPM can explain asset-pricing anomalies. Using conditional betas based … as well as 3 out of 6 of the anomaly component excess returns. Using high-frequency betas, the conditional CAPM is able …

-standard beta estimation procedure drive results presented as evidence supporting its underlying theory …