THE ADDITION OF THE MOMENT RISK FACTOR FOR THREE FACTORS ASSET PRICING MODEL, DEVELOPED BY FAMA & FRENCH, APPLIED TO THE BRAZILIAN STOCK MARKET A ADIÇÃO DO FATOR DE RISCO MOMENTO AO MODELO DE PRECIFICAÇÃO DE ATIVOS DOS TRÊS FATORES DE FAMA & FRENCH APLICADO AO MERCADO ACIONÁRIO BRASILEIRO
The objective of this article is to investigate the validity of the “four factors assets pricing model ”in theBrazilian stock market. This model is defined by the addition of the risk moment factor to the famous threefactors developed by Fama and French. Therefore, the four factors are: the market,...
| Main Authors: | , , |
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| Format: | Article |
| Language: | Portuguese |
| Published: |
Emerald Publishing
2013-01-01
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| Series: | REGE Revista de Gestão |
| Subjects: | |
| Online Access: | http://www.revistas.usp.br/rege/article/view/49925 |