SSRN-Validity of Capital Assets Pricing Model: Evidence from KSE-Pakistan by Uzair Bhatti, Muhammad Hanif

Beating a dead horse? More evidence that CAPM does not work as currently constructed.SSRN-Validity of Capital Assets Pricing Model: Evidence from KSE-Pakistan by Uzair Bhatti, Muhammad Hanif: "Purpose of the research is to form an opinion about authenticity and validity of CAPM. Our methodology includes the beta calculation through variance/covariance approach in order to predict the required