When choosing the appropriate group of risk factors to include in a multifactor Arbitrage Pricing Theory (APT)

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"When choosing the appropriate group of risk factors to include in a multifactor Arbitrage Pricing Theory (APT) model, we must allow for both unsystematic and systematic sources of risk." Comment on this statement,

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ISBN: 9780073530703

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Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Posted Date: Jan 29, 2024 02:37 AM

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When choosing the appropriate group of risk factors to include in a multifactor Arbitrage Pricing Theory (APT)

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Investments

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