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Empowering smart homes by IoT-driven hybrid renewable energy integration for enhanced efficiency. [PDF]
Bagdadee AH +5 more
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Multi-strategy modified sparrow search algorithm for hyperparameter optimization in arbitrage prediction models. [PDF]
Cheng S +9 more
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Enhanced futures price-spread forecasting based on an attention-driven optimized LSTM network: integrating an improved grey wolf optimizer algorithm for enhanced accuracy. [PDF]
Tang Y, Gao Z, Cai Z, Yu J, Qin P.
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A heuristic model for the cost of capital of healthcare facilities: estimates for five countries. [PDF]
Zuniga-Jara S +2 more
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Multi-timescale optimization scheduling of integrated energy systems oriented towards generalized energy storage services. [PDF]
Mao Y, Cai Z, Jiao X, Long D.
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No Arbitrage and Arbitrage Pricing: A New Approach
The Journal of Finance, 1993ABSTRACTWe argue that arbitrage‐pricing theories (APT) imply the existence of a low‐dimensional nonnegative nonlinear pricing kernel. In contrast to standard constructs of the APT, we do not assume a linear factor structure on the payoffs. This allows us to price both primitive and derivative securities.
Bansal, Ravi, Viswanathan, S
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2008
Focusing on capital asset returns governed by a factor structure, the Arbitrage Pricing Theory (APT) is a one-period model, in which preclusion of arbitrage over static portfolios of these assets leads to a linear relation between the expected return and its covariance with the factors.
Gur Huberman, Zhenyu Wang
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Focusing on capital asset returns governed by a factor structure, the Arbitrage Pricing Theory (APT) is a one-period model, in which preclusion of arbitrage over static portfolios of these assets leads to a linear relation between the expected return and its covariance with the factors.
Gur Huberman, Zhenyu Wang
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1996
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Jensen, B. A., Nielsen, J. A.
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zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Jensen, B. A., Nielsen, J. A.
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