In finance, the capital asset pricing model (CAPM) is used to determine a theoretically appropriate required rate of return of an asset, if that asset is to be added to an already well-diversified portfolio, given that asset's non-diversifiable risk. The model takes into account the asset's sensitivity to non-diversifiable risk (also known as systematic risk or market risk), often represented by the quantity beta (β) in the financial industry, as well as the expected return of the market and the expected return of a theoretical risk-free asset.
The model was introduced by Jack Treynor (1961, 1962),[1] William Sharpe (1964), John Lintner (1965a,b) and Jan Mossin (1966) independently, building on the earlier work of Harry Markowitz on diversification and modern portfolio theory. Sharpe, Markowitz and Merton Miller jointly received the Nobel Memorial Prize in Economics for this contribution to the field of financial economics.
http://en.wikipedia.org/wiki/Capital_asset_pricing_modelThe model was introduced by Jack Treynor (1961, 1962),[1] William Sharpe (1964), John Lintner (1965a,b) and Jan Mossin (1966) independently, building on the earlier work of Harry Markowitz on diversification and modern portfolio theory. Sharpe, Markowitz and Merton Miller jointly received the Nobel Memorial Prize in Economics for this contribution to the field of financial economics.
Η ελληνική Βίκι λέει «υπόδειγμα αποτίμησης περιουσιακών στοιχείων», ο Χρυσοβιτσιώτης-Σταυρακόπουλος λέει «πρότυπο αποτίμησης επενδυτικών κεφαλαίων» και στο ίντερνετ βρίσκω όλες τις δυνατές παραλλαγές μεταξύ των δύο, αλλά καμία παγιωμένη. Μήπως έχετε εσείς καμιά ιδέα;
