New Methods for the Arbitrage Pricing Theory and the Present Value Model PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download New Methods for the Arbitrage Pricing Theory and the Present Value Model PDF full book. Access full book title New Methods for the Arbitrage Pricing Theory and the Present Value Model by Jianping Mei. Download full books in PDF and EPUB format.

New Methods for the Arbitrage Pricing Theory and the Present Value Model

New Methods for the Arbitrage Pricing Theory and the Present Value Model PDF Author: Jianping Mei
Publisher: World Scientific
ISBN: 9789810218393
Category : Business & Economics
Languages : en
Pages : 132

Get Book Here

Book Description
This book consists of two essays on new approaches for the Arbitrage Pricing Theory and the Present Value Model, and one essay on cross-sectional correlations in panel data. The new approaches are designed to study a large number of securities over time. They can be employed by security analysts to discover market anomalies without assuming observable factors or constant risk premium. The book shows how these two approaches can be used to determine how many systematic factors affect the U.S. stock market.