英国资产定价模型的盈利能力和投资因素

FEN: Other International Corporate Finance (Topic) Pub Date : 2014-10-17 DOI:10.2139/ssrn.2511166

Eoghan Nichol, M. Dowling

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引用次数: 33

摘要

最近的两种资产定价模型都有一个共同的核心，即将盈利能力和投资作为因素，但在实施上有所不同。我们将这些模型适用于英国，并认为Fama-French的五因素盈利因素最有潜力。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Profitability and Investment Factors for UK Asset Pricing Models

Two recent asset pricing models share a common core of the addition of profitability and investment as factors, but differ in implementation. We adapt these models for the UK and argue that the Fama–French five-factor profitability factor offers the most potential.

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FEN: Other International Corporate Finance (Topic)

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