Studying the Expected Returns Based on Carhart Model Com-pared to CAPM Model and Implicit Capital Cost Model Based on Cash and Capital Flow of Growth and Value stocks
The purpose of this study was to examine the expected returns of Carhart model compared to the capital asset pricing model and the implicit capital cost model based on cash and capital returns of growth and value stocks. The statistical population consisted of the companies listed in Tehran Stock Ex...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Islamic Azad University of Arak
2017-12-01
|
| Series: | Advances in Mathematical Finance and Applications |
| Subjects: | |
| Online Access: | http://amfa.iau-arak.ac.ir/article_536267_1dec67bb80f71d22369c4b306060b2d2.pdf |