THE INFLUENCE OF CONDITIONS OF THE STOCK MARKET AND MONETARY POLICY ON THE BEHAVIOROF RISK INDICATORS SIZE, BOOK-TO-MARKET RATIO AND MOMENTUM, ON THE BRAZILIAN STOCK MARKET
Last years, empirical tests of APT (Arbitrage Pricing Theory) models have been intensified on the national and international literature, mainly using firm´s characteristics to construct risk factors in addition to the market beta. The Fama-French 3-factors model and the Carhart 4-factors model are t...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Universidade Federal de Santa Catarina
2011-04-01
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| Series: | Revista de Ciências da Administração : RCA |
| Subjects: | |
| Online Access: | https://periodicos.ufsc.br/index.php/adm/article/view/12813 |