Multifactor CAPM

A version of the capital asset pricing model derived by Robert Merton that includes extra-market sources of risk referred to as factors. Related: arbitrage pricing theory

Multifactor CAPM

A form of the capital asset pricing model that includes macroeconomic risks left out in other versions of the CAPM. These macroeconomic variables are called factors, and are included as the model calculates prices of portfolios. Proponents claim that the multifactor CAPM better accounts for systemic risks and fits data better, while critics contend that the model does not calculate the relative riskiness of each factor compared to other factors.

单词	multifactor capm
释义	Multifactor CAPM Multifactor CAPM A version of the capital asset pricing model derived by Robert Merton that includes extra-market sources of risk referred to as factors. Related: arbitrage pricing theory Multifactor CAPM A form of the capital asset pricing model that includes macroeconomic risks left out in other versions of the CAPM. These macroeconomic variables are called factors, and are included as the model calculates prices of portfolios. Proponents claim that the multifactor CAPM better accounts for systemic risks and fits data better, while critics contend that the model does not calculate the relative riskiness of each factor compared to other factors.
随便看	doggishly doggishness doggo doggoes doggone doggoned dog-gone-pain doggones doggoning doggos dogg pound gangsta dogg pound gangsta clicc dogg pound gangsta crips doggr dog grass doggrel dog groups doggs dog guide doggy doggy bag doggy bags doggy dinner bowl look doggy do doggy fashion