Tests of the conditional asset pricing m
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Stuart Hyde; Mohamed Sherif
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Article
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2009
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John Wiley and Sons
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English
β 145 KB
π 1 views
## Abstract We analyse the ability of the conditional asset pricing models to explain the crossβsectional variation in UK stock returns. We examine conditional versions of the SharpeβLinter CAPM and the FamaβFrench threeβfactor model. The results indicate that the conditional singleβfactor model is