An Empirical Evaluation of the Intertemporal Capital Asset Pricing Model: the Stock Market In Spain

1989 ◽  
Vol 16 (5) ◽  
pp. 729-743 ◽  
Author(s):  
Gonzalo Rubio
2021 ◽  
Vol 2 (4) ◽  
Author(s):  
Wenlai Yang

Recently, the Capital Asset Pricing Model has been widely used in the stock market. The traditional Capital Asset Pricing Model has been revised and expanded to the Consumption-based Capital Asset Model. This article does the research in the following ways. Firstly, this article summarizes the Capital Asset Pricing Model and empirical method. Secondly, it analyzes and processes the data worked out of the Capital Asset Pricing Model. Finally, it analyzes the empirical results.


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