Many studies on asset pricing have highlighted the importance of downside risk, in line with
the actual losses of investors. In addition, the capital asset pricing model (CAPM), although …

The main purpose of this study was to explore the relationship between market and
accounting measures of risk and the profitability of companies listed on the Frankfurt Stock …

En Colombia el grueso del tejido empresarial se encuentra representado por pequeñas y
medianas empresas las cuales no tienen participación en la Bolsa de Valores de Colombia …

The main aim of the work is to test new and non-standard versions of CAPM, based on
accounting information and downside risk measures. Two innovative conditional CAPM …

Research background: Conventional CAPM is a well-known and tested theory on various
capital markets. It was also repeatedly rejected as a model of capital pricing. This article pro …

Theoretical background: The variability of the company's profitability is the result of the
accompanying risk. To compare the profitability of many companies, relative profitability …

This research is applied research with descriptive research methods using secondary data.
The purpose of this study is to find out which stocks are efficient and inefficient by using the …

This study examined the cross-sectional relationships between realized returns and
systematic risk measures using sub-sectoral indices quoted on Warsaw Stock Exchange. In …

To explain the cross section of asset returns, there are numerous asset pricing models being
used which require ideal conditions in the markets around the world. An attempt has been …

This research is applied research with descriptive research methods using secondary data.
The purpose of this study is to find out which stocks are efficient and inefficient by using the …