Reviewed by Thomas Brock Fact checked by Suzanne Kvilhaug CAPM: An Overview Many investors use the capital asset pricing model (CAPM) as a way to estimate the potential return of a stock or other ...

This is a preview. Log in through your library . Abstract I use a Bayesian methodology developed by Pástor (2000) to examine the strength of the momentum effect first reported by Jegadeesh and Titman ...

Philip H. Dybvig, Jonathan E. Ingersoll, Jr. The complete-markets model of Arrow and Debreu and the mean-variance capital asset pricing model (CAPM) are two paradigms of risky asset markets. This ...