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The capital asset pricing model versus the Three Factor Model : a United Kingdom perspective

Bhatnagar, Chandra Shekhar

The capital asset pricing model versus the Three Factor Model : a United Kingdom perspective - [St. Augustine]TT [UWI] 2009 - 27 p.

Provides an out-of-sample perspective to the work of Fama and French (1996, 2006). Uses multiple regression to compare the performance of the Capital Asset Pricing Model (CAPM), a spilt sample CAPM and the Three Factor Model in explaining observed stock returns and value premium effects in the United Kingdom market.

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