The Market Model Applied to European Common Stocks (Classic Reprint): Some Empirical Results: Some Empirical Results (Classic Reprint) - Softcover
Inhaltsangabe
Understanding how the market model explains stock returns across Europe and the U.S.
The book presents an empirical test of the market model and CAPM by examining how security risk premiums relate to their systematic risk, using data from 228 European stocks across seven countries plus a comparison set of 65 American stocks from 1966 to 1971. It explains how beta measures the market-related risk of each security and how the model’s predictions hold up under real-world conditions.
Two short chapters frame the scope and value: one explains the data base and how prices, dividends, and market indexes are prepared for analysis; the other discusses methodological choices that affect parameter estimates, such as interval length and data quality. The discussion helps readers understand why results may vary with daily, weekly, bi-weekly, or monthly returns.
- Learn how beta and risk premiums are estimated and interpreted
- See how CAPM expectations compare with observed security returns
- Understand data preparation, including adjustments for splits and dividends
- Explore how return interval and measurement errors influence findings
Ideal for readers of empirical finance, market researchers, and students seeking a clear view of how market models perform in real markets.
Die Inhaltsangabe kann sich auf eine andere Ausgabe dieses Titels beziehen.
Weitere beliebte Ausgaben desselben Titels
Suchergebnisse für The Market Model Applied to European Common Stocks...
Foto des Verkäufers
The Market Model Applied to European Common Stocks: Some Empirical Results
Print-on-DemandAnbieter: Forgotten Books, London, Vereinigtes Königreich
Verkäuferbewertung 4 von 5 Sternen
Paperback. Zustand: New. Print on Demand. This book probes the relationship between a market index and share prices of individual companies. Using advanced mathematics, the author assesses the validity of the 'market model' by testing its assumptions against real-world data. Using over 200 companies in seven European countries and the USA, the data is analysed across different time periods and different methods of return measurement. The findings show that the market model and its assumptions are robust even across different countries, with some key differences indicating areas where the model might be refined. The book provides insights into the complex relationship between market movements and company returns, making it a valuable resource for investors, analysts, and academics seeking to understand and predict stock market behaviour. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781333735272_0
Neu kaufen
EUR 16,05
Versand gratis
Versand von Vereinigtes Königreich nach USA
Versand von Vereinigtes Königreich nach USA
Anzahl: Mehr als 20 verfügbar
Beispielbild für diese ISBN
The Market Model Applied to European Common Stocks Some Empirical Results Classic Reprint
Anbieter: PBShop.store US, Wood Dale, IL, USA
Verkäuferbewertung 5 von 5 Sternen
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781333735272
Beispielbild für diese ISBN
The Market Model Applied to European Common Stocks Some Empirical Results Classic Reprint
Anbieter: PBShop.store UK, Fairford, GLOS, Vereinigtes Königreich
Verkäuferbewertung 5 von 5 Sternen
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781333735272
Neu kaufen
EUR 24,60
EUR 3,79 Versand
Versand von Vereinigtes Königreich nach USA
Versand von Vereinigtes Königreich nach USA
Anzahl: 15 verfügbar