scholarly journals Asset Pricing Model in Korean Stock Market

2014 ◽  
Vol 13 (2) ◽  
pp. 87-119
Author(s):  
Dong Hoe Kim
Keyword(s):  
Asset Pricing ◽  
Stock Market ◽  
Pricing Model ◽  
Asset Pricing Model ◽  
Korean Stock Market

The five-factor asset pricing model tests for the Chinese stock market

2017 ◽  
Vol 43 ◽  
pp. 84-106 ◽  
Author(s):  
Bin Guo ◽  
Wei Zhang ◽  
Yongjie Zhang ◽  
Han Zhang
Keyword(s):  
Asset Pricing ◽  
Stock Market ◽  
Model Tests ◽  
Chinese Stock Market ◽  
Pricing Model ◽  
Asset Pricing Model

scholarly journals An Empirical Research of the Consumption-based Capital Asset Pricing Model: Evidence from China’s Stock Market

2021 ◽  
Vol 2 (4) ◽  
Author(s):  
Wenlai Yang
Keyword(s):  
Asset Pricing ◽  
Stock Market ◽  
Empirical Research ◽  
Empirical Method ◽  
Capital Asset Pricing Model ◽  
Capital Asset Pricing ◽  
Pricing Model ◽  
Capital Asset ◽  
Asset Pricing Model ◽  
Model Evidence

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.

scholarly journals CAPITAL ASSET PRICING MODEL TESTING IN WEST AFRICA ECONOMIC AND MONETARY UNION STOCK MARKET: THE CASE OF IVORIAN LISTED FIRMS

2017 ◽  
Vol 5 (2) ◽  
pp. 23-30
Author(s):  
Zimy Samuel Yannick Gahé ◽  
Zhao Hongzhong ◽  
Brou Matthias Allate ◽  
Thierry Belinga
Keyword(s):  
Asset Pricing ◽  
Stock Market ◽  
Stock Returns ◽  
Monetary Union ◽  
Economic And Monetary Union ◽  
Capital Asset Pricing ◽  
Pricing Model ◽  
Capital Asset ◽  
Listed Firms ◽  
Asset Pricing Model

This paper investigates the validity of Capital Asset Pricing Model (CAPM) for the West African Economic and Monetary Union (WAEMU) stock market using monthly stock returns of twenty Côte d’Ivoire’s listed firms from January 2002 to December 2011. We split this interval into different time periods. Each one of them has also been divided into two different sub-periods among which one served as estimation mean and the second one helped to test the estimated parameters obtained using a times series regression. Afterwards some statistical tests have been conducted to see whether the CAPM’s hypotheses hold or not. The findings showed that higher risk is not associated with higher level of return within the study area. Also, there was no relation between stock return and non-systemic risk except for one period where we found evidence that stock returns were affected by other risk than the systematic risk. On the contrary the stock expected rate of return had a linear relationship with the systematic risk. The study suggested that the listed companies consider other factors and variables which could explain their returns.

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