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توان توضیحی گشتاورهای سیستماتیک بالاتر در مدل شرطی قیمتگذاری دارایی سرمایهای
2019
Chashm/andÄ?z-i mudÄ«riyyat-i mÄ?lÄ«
1 The capital asset pricing model is based on the assumption of the normal distribution of asset returns. However, many studies have challenged the assumption of the normal distribution of returns and subsequently, by adding higher momentto model development. Also, in examining the effect of higher moments real returns instead of expected returns is used, also because the capital asset pricingmodel assumes investors' preferences and the asset return distribution is stablethe conditional
doi:10.52547/jfmp.9.27.9
fatcat:kuob5q6denh2na5dpimojqp3iq