MULTIFACTOR ASSET PRICING ANALYSIS OF THE BALTIC STOCK MARKET
This study investigates whether the Fama–French three-factor asset pricing model is applicable for explaining cross-sectional returns of stocks listed in the Baltic stock exchanges. Findings confirm the validity and economic significance of the three-factor model for the Baltic stock market: only in...
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| Format: | Article |
| Language: | English |
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Vilnius University Press
2010-01-01
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| Series: | Ekonomika |
| Online Access: | https://www.journals.vu.lt/ekonomika/article/view/964 |