A robustness test of asset pricing models using individual security returns

Tests of asset-pricing models typically form portfolios of stocks (based oncriteria such as market capitalization and book-to-market values). Thevalidity of this approach has been debated (see, for example, Berk, 2000).We consider a simple method of testing asset-pricing models using thereturns of i...

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Main Authors: Limkriangkrai, M., Durand, Robert, Watson, I.
Format: Journal Article
Published: Routledge, Taylor and Francis Ltd 2009
Online Access:http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=1e6634f3-c36f-415e-98ac-aa82261669da%40sessionmgr14&vid=2&hid=10
http://hdl.handle.net/20.500.11937/4309
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author Limkriangkrai, M.
Durand, Robert
Watson, I.
author_facet Limkriangkrai, M.
Durand, Robert
Watson, I.
author_sort Limkriangkrai, M.
building Curtin Institutional Repository
collection Online Access
description Tests of asset-pricing models typically form portfolios of stocks (based oncriteria such as market capitalization and book-to-market values). Thevalidity of this approach has been debated (see, for example, Berk, 2000).We consider a simple method of testing asset-pricing models using thereturns of individual securities and illustrate the approach in a test of therobustness of analyses reported by Durand et al. (2006) and Limkriangkraiet al. (2008).
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institution Curtin University Malaysia
institution_category Local University
last_indexed 2025-11-14T06:02:07Z
publishDate 2009
publisher Routledge, Taylor and Francis Ltd
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spelling curtin-20.500.11937-43092017-02-28T01:52:34Z A robustness test of asset pricing models using individual security returns Limkriangkrai, M. Durand, Robert Watson, I. Tests of asset-pricing models typically form portfolios of stocks (based oncriteria such as market capitalization and book-to-market values). Thevalidity of this approach has been debated (see, for example, Berk, 2000).We consider a simple method of testing asset-pricing models using thereturns of individual securities and illustrate the approach in a test of therobustness of analyses reported by Durand et al. (2006) and Limkriangkraiet al. (2008). 2009 Journal Article http://hdl.handle.net/20.500.11937/4309 http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=1e6634f3-c36f-415e-98ac-aa82261669da%40sessionmgr14&vid=2&hid=10 Routledge, Taylor and Francis Ltd restricted
spellingShingle Limkriangkrai, M.
Durand, Robert
Watson, I.
A robustness test of asset pricing models using individual security returns
title A robustness test of asset pricing models using individual security returns
title_full A robustness test of asset pricing models using individual security returns
title_fullStr A robustness test of asset pricing models using individual security returns
title_full_unstemmed A robustness test of asset pricing models using individual security returns
title_short A robustness test of asset pricing models using individual security returns
title_sort robustness test of asset pricing models using individual security returns
url http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=1e6634f3-c36f-415e-98ac-aa82261669da%40sessionmgr14&vid=2&hid=10
http://hdl.handle.net/20.500.11937/4309