Lower Partial Moment-Capital Asset Pricing Model
Chyi Lin Lee
Broschiertes Buch

Lower Partial Moment-Capital Asset Pricing Model

in Listed Property Trusts

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The Global Financial Crisis has drawn considerable attention from practitioners in which a more accurate pricing model is required. Thus the Lower Partial Moment-Capital Asset Pricing Model (LPM- CAPM) has become increasingly accepted in recent years. This book is the first study to examine the importance of the LPM-CAPM (or downside beta) in Australian Listed Property Trusts. It is a unique and timely book by combining descriptive materials and extensive empirical evidence to demonstrate the LPM-CAPM model. Four major parts have been covered in this book to: Examine the theoretical superiorit...