Profitability and investment factors for UK asset pricing models

被引：16
|
作者：
Nichol, Eoghan [1 ]
Dowling, Michael [1 ]
机构：
[1] Dublin City Univ, DCU Business Sch, Dublin 9, Ireland
来源：
ECONOMICS LETTERS | 2014年 / 125卷 / 03期
关键词：
Asset pricing; Profitability; Investment; UK market; RETURNS; RISK;
D O I：
10.1016/j.econlet.2014.10.013
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Two recent asset pricing models share a common core of the addition of profitability and investment as factors, but differ in implementation. We adapt these models for the UK and argue that the Fama-French five-factor profitability factor offers the most potential. (c) 2014 Elsevier B.V. All rights reserved.
引用
收藏
页码：364 / 366
页数：3
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