Sentences with phrase «adjusted capital asset pricing model»
⁴² He provides a starting point with his liquidity - adjusted capital asset pricing model (CAPM):
https://fundrise.com/ Not exact matches
Jensen's alpha takes into consideration capital asset pricing model (CAPM) market theory and includes a risk - adjusted component in its calculation.
Jensen's alpha takes into consideration capital asset pricing model (CAPM) market theory and includes a risk - adjusted component in its calculation.
Essentially, it's claims lead to the Capital Asset Pricing Model (CAPM) which states that no portfolio will have a better risk - adjusted return than the market portfolio, and no stock will have a better risk adjusted return than that implied by the CAPM.