A Test of Fama and French Three Factor Model in Pakistan Equity Market

A Test of Fama and French Three Factor Model in Pakistan Equity Market

Beenish Ameer BBA(HONS), MS(FINANCE)

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Dr. moazzam jamil

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A Test of Fama and French Three Factor Model in Pakistan Equity Market

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Abstract

There is a view that investor who want to make investment in stock exchange should make a decision maximize their wealth. For this purpose the investor not only want to know which factor will impact the return but also want to understand the relative weight of various factors level, and which sub factor will impact more for giving factors. So they analyze all relevant factors while making decision that affect the return from investment in future. Variation in stock market return was determined by various theories. It was started with Sharp (1964), Linter (1965), Black (1972) who present Capital Asset Pricing Model (CAPM) which shows how to be related between the average return of stock and market risk factor. Other researcher did not agree because there is other factor more than one factor.

References

22 Cites in Article

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Beenish Ameer. 2013. \u201cA Test of Fama and French Three Factor Model in Pakistan Equity Market\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 13 (GJMBR Volume 13 Issue C7).

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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Submission ReceivedDecember 13, 2012
Peer Review Double Blind
Handling Editor
Accepted January 1, 2013
Published January 15, 2013

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v1.2

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July 15, 2013

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Article Matrices

Total Score: 137

Country: United Kingdom

Subject: Global Journal of Management and Business Research - C: Finance

Authors: Beenish Ameer , Dr. moazzam jamil (PhD/Dr. count: 1)

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Publish Date: 2013 07, Mon

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Total Views: 4817

Total Downloads: 2520

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