capital asset pricing model (capm) การใช้

The capital asset pricing model ( capm ) demonstrates that the market portfolio is essentially the efficient frontier
Capital assets pricing model ( capm ) only considers systematical risk and assumes that non - systematical risk can be eliminated by diversification
Based on the rv - arma model , it is discussed that the persistence of conditional variances has a effect on capital asset pricing model ( capm ) from persistence viewpoint
Then sharpe , linter , mossion and ross , etc . developed markowitz ' s mean - variance model , leaded to standard investment models like capital asset pricing model ( capm ) , single - index model and arbitrage pricing theory ( apt )
In the research of emh , the capital asset pricing model ( capm ) is very important . the theory of capm is based on emh . if emh is available on the market , capm can be used by the investors to determine the price of assets