Home | Business News | Browse by Publication | M | Management Science

Testing the APT with the maximum sharpe ratio of extracted factors.

Publication: Management Science
Publication Date: 01-JUL-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
To an investor, how expected return and risk are related is the most important question. The standard multifactor model posits that the relevant risk measures are the betas of systematic factors. The theory, however, does not specify what the systematic factors are. Existing methodology tests the theory for a...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Management Science
Selection neglect in mutual fund advertisements., July 01, 2009
Quality improvement incentives and product recall cost sharing contrac..., July 01, 2009
Brand and price advertising in online markets., July 01, 2009

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.