Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

The Process of Test the Single-factor Capital Asset Pricing Model

Authors
Zhen Wangu7237023@anu.edu.au
The Australian National University
Corresponding Author
Available Online 26 March 2022.
DOI
10.2991/aebmr.k.220307.338How to use a DOI?
Keywords
Capital Asset Pricing Model; Fama-French three-factor CAPM; Australia Stock Exchange Market; Security Market Line; Cheney, Roll, and Ross five-factor CAPM
Abstract

The primary purpose is to test the Single-factor Capital Asset Pricing Model (CAPM) based on the Australian stock exchange market. At the same time, previous research explained the limitations and shortcomings of the Single-factor CAPM model and briefly introduced the optimization and change of the CAPM. This paper also points out whether investors and researchers can continue to use Treasury bonds as risk-free assets based on the high inflation rate in the United States.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
978-94-6239-554-1
ISSN
2352-5428
DOI
10.2991/aebmr.k.220307.338How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Zhen Wang
PY  - 2022
DA  - 2022/03/26
TI  - The Process of Test the Single-factor Capital Asset Pricing Model
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 2059
EP  - 2062
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.338
DO  - 10.2991/aebmr.k.220307.338
ID  - Wang2022
ER  -