Fallacies in CAPM Intuition
The article argues that firm-specific risk significantly impacts beta and the Market Risk Premium (MRP), contradicting the standard intuition for the CAPM.
Featured in No. 71 on 23 Oct 2024 · 11 days after release
- Released
- 12 Oct 2024
- First featured
- No. 71 · 23 Oct 2024
- Published in
- Not yet, as far as Semantic Scholar knows
- Shares when featured
- 2
- Identifier
- SSRN 4990174
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).