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Asset Pricing in Indian Stock Market
Engelsk
Bogcover for Asset Pricing in Indian Stock Market af Sanjay Sehgal, 9788177080797
Specifikationer
Sprog:
Engelsk
Sider:
190
ISBN-13:
9788177080797
Indbinding:
Hardback
ISBN-10:
8177080792
Udg. Dato:
1 jan 2005
Størrelse i cm:
22,7 x 15,7 x 1,9
Oplagsdato:
1 jan 2005
Forfatter(e):

Asset Pricing in Indian Stock Market

Engelsk
Hardback 2005
Format:

Bog beskrivelse
This book empirically shows that the multi-factor asset pricing models, like the Fama-French model, provide a better description of average stock returns compared to the more widely accepted capital asset pricing model (CAPM). It is suggested that the market practitioners should re-design their investment management tool box by replacing CAPM with the Fama-French model for industry applications such as cost of capital estimation, corporate valuation, estimating fair rates of return, assessing stock market efficiency and portfolio performance evaluation. It is also revealed that size-based, value-based, reversal-based and momentum-based trading strategies do not provide extra-normal returns in India. The book will be a useful reference for mutual fund managers, portfolio managers, financial consultants and investors at large. Academicians and students in the area of investment management and corporate finance can also benefit from it.
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Specifikationer
Sprog:
Engelsk
Sider:
190
ISBN-13:
9788177080797
Indbinding:
Hardback
ISBN-10:
8177080792
Udg. Dato:
1 jan 2005
Størrelse i cm:
22,7 x 15,7 x 1,9
Oplagsdato:
1 jan 2005
Forfatter(e):
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