Capital Asset Pricing Model (CAPM)

Various models are built to estimate mutual fund performance. However, most of these articles only deal with one, or at most two different performance models. This project will compare the most basic single factor Capital Asset Pricing Model (CAPM) as well as Fama and French model (1992,1996) add proxies for size and book-to-market; the Carhart… Continue reading Capital Asset Pricing Model (CAPM)