The Impact of Market Risk Variation on the Ability of Capital Asset Pricing Model To Explain the Change in Stock Returns
| المصدر: | مجلة كلية التجارة للبحوث العلمية |
|---|---|
| الناشر: | جامعة الإسكندرية - كلية التجارة |
| المؤلف الرئيسي: | Asaran, Asaran Galal (Author) |
| المجلد/العدد: | مج55, ع1 |
| محكمة: | نعم |
| الدولة: |
مصر |
| التاريخ الميلادي: |
2018
|
| الشهر: | يناير |
| الصفحات: | 1 - 23 |
| DOI: |
10.21608/ACJ.2018.37206 |
| ISSN: |
1110-7588 |
| رقم MD: | 977565 |
| نوع المحتوى: | بحوث ومقالات |
| اللغة: | الإنجليزية |
| قواعد المعلومات: | EcoLink |
| مواضيع: | |
| رابط المحتوى: |
الناشر لهذه المادة لم يسمح بإتاحتها. |
| LEADER | 02890nam a22002177a 4500 | ||
|---|---|---|---|
| 001 | 1720037 | ||
| 024 | |3 10.21608/ACJ.2018.37206 | ||
| 041 | |a eng | ||
| 044 | |b مصر | ||
| 100 | |9 527546 |a Asaran, Asaran Galal |e Author | ||
| 245 | |a The Impact of Market Risk Variation on the Ability of Capital Asset Pricing Model To Explain the Change in Stock Returns | ||
| 260 | |b جامعة الإسكندرية - كلية التجارة |c 2018 |g يناير | ||
| 300 | |a 1 - 23 | ||
| 336 | |a بحوث ومقالات |b Article | ||
| 520 | |b The purpose of this study is determine the effect of the degree of stock market risk, at different estimation periods for capital asset 4pricing model (CAPM) variables, on the ability of the CAPM to explain the change in stock returns, applied on the Egyptian stock market. Where the researcher assumes that the different degree of market risk (high low) may affects the ability of capital asset pricing model to explain the change in the stock returns. Especially most of the literature reviews of capital asset pricing model were not exposed to the conditions of measuring the returns. That is the approach of the present study was to test the theory of capital asset pricing model at a different degree of market risk and different basis of estimation periods of capital asset pricing model variables (1,3,6,12 months). Because the Egyptian stock market is one of the emerging markets, the study of capital asset pricing model ability, to predict stock returns at a different degree of market risk and different basis of estimation periods for capital asset pricing model variables are critical. This is exposing in this study. This study is based on a different approach represented in testing the ability of the capital asset pricing model to explain the change in the stock returns, according to a different degree of market risk (high – low).The EGX30 index was used as the most important indicator to measure the market index.70% of the strongest stocks were selected within the index for the study tests during the period from 01/01/2009 to 31/03 /2015. | ||
| 653 | |a السياسة الإقتصادية |a التنمية الإقتصادية |a النمو الإقتصادي |a التنمية المستدامة |a السياسة المالية |a النظام المالي |a المراقبة المالية |a الرأسمالية |a الأصول الثابتة |a مصر |a المجتمع المصري |a مستخلصات الأبحاث | ||
| 773 | |4 إدارة الأعمال |6 Business |c 018 |e Journal of the Faculty of Commerce for Scientific Research |f Maǧallaẗ Kulliyyaẗ Al-Tiǧāraẗ li-l-Buḥūṯ Al-ʿilmiyyaẗ |l 001 |m مج55, ع1 |o 1049 |s مجلة كلية التجارة للبحوث العلمية |v 055 |x 1110-7588 | ||
| 856 | |u 1049-055-001-018.pdf |n https://acjalexu.journals.ekb.eg/article_37206.html | ||
| 930 | |d n |p y | ||
| 995 | |a EcoLink | ||
| 999 | |c 977565 |d 977565 | ||
عناصر مشابهة
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Examining the Ability of Capital Asset Pricing Model and Arbitrage Pricing Theory Model in Predicting Expected Returns for Stocks Trading in Amman Stock Exchange (ASE
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Testing the Effectiveness of the Behavioral Capital Asset Pricing Model in Inefficient Markets: Applied Study on Listed Companies in the Egyptian Stock Exchange
بواسطة: Mahmoud, Mostafa Yousef Hassan منشور: (2019) -
Analysis of Risk-Return Relationship Using the Capital Asset Pricing Model : An Empirical Study on a Sample of Jordanian Corporations for the Period (1996 - 2004)
بواسطة: الكيلاني، قيس أديب منشور: (2006) -
Application of Capital Asset Pricing Model in the Analysis of Football Betting Market in Australia
بواسطة: Al Harthi, Amani Abd Alrzaq منشور: (2012) -
The Effect of Aggregate Volatility Risk on Asset Pricing: The Case of Amman Stock Exchange
بواسطة: Anber, Rana Mohammad منشور: (2016)
