Alpha and the Risk of Failure
Can Abnormal Returns be Explained by the Risk of Failure?
978-3-639-16509-8
3639165098
84
2009-07-05
49,00 €
eng
https://images.our-assets.com/cover/230x230/9783639165098.jpg
https://images.our-assets.com/fullcover/230x230/9783639165098.jpg
https://images.our-assets.com/cover/2000x/9783639165098.jpg
https://images.our-assets.com/fullcover/2000x/9783639165098.jpg
This study aims to test, on a specific
sample, if abnormal returns or alpha, as defined
by the Capital Asset Pricing Model (CAPM) and the
Fama-French Three Factor Model (FF-TFM), can be
explained by the risk of failure measured using the
Skogsvik probability of default model. The study
tests data over a 20 year period for 133 Swedish
listed companies within the sectors manufacturing,
quarrying and mining, and IT.
https://morebooks.de/books/hu/published_by/vdm-verlag-dr-mueller/3/products
Gazdaság
https://morebooks.de/store/hu/book/alpha-and-the-risk-of-failure/isbn/978-3-639-16509-8