Pricing Ability of Carhart Four-Factor and Fama–French Three-Factor Models: Empirical Evidence from Morocco
In this study, the reliability of the Fama–French Three-Factor model (FF3F) and the Carhart Four-Factor model (C4F) is examined thoroughly. In order to determine which of the asset pricing models is the best to explain portfolio returns on the Moroccan share market, these two models are indeed evalu...
| Autors principals: | , , |
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| Format: | Article |
| Idioma: | English |
| Publicat: |
MDPI AG
2023-01-01
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| Col·lecció: | International Journal of Financial Studies |
| Matèries: | |
| Accés en línia: | https://www.mdpi.com/2227-7072/11/1/20 |