Results 261 to 270 of about 53,498 (290)

The empirical foundations of the arbitrage pricing theory

Journal of Financial Economics, 1988
Abstract This paper uses maximum-likelihood factor analysis of large cross-sections to examine the validity of the arbitrage pricing theory (APT). We are unable to explain the expected returns on firm size portfolios, although we do explain the expected returns on portfolios formed on the basis of dividend yield and own variance, where risk ...
Bruce N. Lehmann, Bruce N. Lehmann, David M. Modest   +2 more
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A General Approach to the Arbitrage Pricing Theory (APT)

Econometrica, 1988
The APT is studied in economies in which the choice space is an arbitrary normed vector space. No notion of positivity of the price functional is needed in formulating the theory. The definition of an approximate factor structure in the style of \textit{G. Chamberlain} and \textit{M. Rothschild} [ibid.
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Die Arbitrage Pricing Theory

1995
Die Arbitrage Pricing Theory (APT) wurde von Ross (1976, 1977) als testbare Alternative zum Capital Asset Pricing Model (CAPM) entwickelt und war wiederholt Gegenstand zahlreicher theoretischer4 und empirischer5 Arbeiten. Alle Modellvarianten der APT basieren auf einer Grundannahme: die Renditen riskanter Wertpapiere werden durch einen stochastischen ...
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Some Empirical Tests of the Theory of Arbitrage Pricing

The Journal of Finance, 1983
ABSTRACTWe estimate the parameters of Ross's Arbitrage Pricing Theory (APT). Using daily return data during the 1963–78 period, we compare the evidence on the APT and the Capital Asset Pricing Model (CAPM) as implemented by market indices and find that the APT performs well.
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The Arbitrage Pricing Theory: Some Empirical Results

The Journal of Finance, 1981
THE ACCUMULATION of empirical evidence inconsistent with the simple oneperiod capital asset pricing models of Sharpe (1964), Lintner (1965), and Black (1972) indicates that alternative models of capital market equilibrium deserve investigation. A minimum requirement for any alternative model should be that it explains the empirical anomalies which ...
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The Rise and Fall of the Arbitrage Pricing Theory

SSRN Electronic Journal, 2014
The Arbitrage Pricing Theory (APT) was proposed as a more complex and therefore more complete alternative to the Capital Asset Pricing Model (CAPM) which was thought to be too simple and limited in scope to be a useful or empirically testable theory. In the end it turned out that what the APT had to offer was nothing more than complexity for the sake ...
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International Arbitrage Pricing Theory

The Journal of Finance, 1983
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Poly(ADP-Ribose) polymerase (PARP) inhibitors: Exploiting a synthetic lethal strategy in the clinic

Ca-A Cancer Journal for Clinicians, 2011
Timothy A Yap, Johann Sebastian de Bono
exaly  

Computational predictions of energy materials using density functional theory

Nature Reviews Materials, 2016
Anubhav Jain, Yongwoo Shin, Kristin A Persson   +2 more
exaly  

Theory-guided design of catalytic materials using scaling relationships and reactivity descriptors

Nature Reviews Materials, 2019
Zhi-Jian Zhao, Sihang Liu, Shenjun Zha
exaly