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Stock Returns Analysis in KSE by Nicholas Z is a document available to read on EtoBox.
This study investigates the determinants of stock returns in the Karachi Stock Exchange using the Capital Asset Pricing Model and Arbitrage Pricing Theory model. Monthly time series data from January 2010 to December 2014 is used to test the relationship between stock returns and the market return in the CAPM and between stock returns and macroeconomic variables including inflation, oil prices, interest rates, and exchange rates in the APT. The methodology section outlines the sample selection, data collect
- Author
- Nicholas Z
- Language
- EN