Markowitz Portfolio Theory and Capital Asset Pricing Model for Kuala Lumpur Stock Exchange: A Case Revisited

Capital Asset Pricing Model is widely used by investors to estimate the return or the moving behavior of the stock and Markowitz Model is employed to achieve portfolio diversification. This study examine whether CAPM is valid to forecast the behaviour of the each individual stock and its return as w...

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Bibliographic Details
Main Authors: Hui-Shan Lee, Fan-Fah Cheng, Shyue-Chuan Chong
Format: Article
Language:English
Published: EconJournals 2016-05-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/31983/352657?publisher=http-www-cag-edu-tr-ilhan-ozturk