Question
Why were APT and Multi-Factor models developed? Because Modern Portfolio Theory was an old theory and the market needed more robustness Because CAPM was only
Why were APT and Multi-Factor models developed?
| Because Modern Portfolio Theory was an "old theory" and the market needed more robustness | ||
| Because CAPM was only based on one systematic factor to explain returns | ||
| Because Ken French wanted to setup a website with lots of data |
| Because returns were based solely on idiosyncratic risk |
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Your Financial Well Being How To Get Your Financial Well Being With Smart Spending Habits
Authors: Fransisca Patten
1st Edition
979-8388729705
