Estimate Beta Coefficient of CAPM Based on a Fuzzy Regression with Interactive Coefficients
نویسندگان
چکیده
منابع مشابه
Estimate Beta Coefficient of CAPM Based on a Fuzzy Regression with Interactive Coefficients
In the Capital Asset Pricing Model (CAPM), beta coefficient is a very important parameter to be estimated. The most commonly used estimating methods are the Ordinary Least Squares (OLS) and some Robust Regression Techniques (RRT). However, these traditional methods make strong as sumptions which are unrealistic. In addition, The OLS method is very sensitive to extreme observations, while the RR...
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Article history: Received 3 August 2014 Received in revised form 27 September 2014 Accepted 24 October 2014 Available online 3 November 2014
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ژورنال
عنوان ژورنال: Journal of Applied Mathematics and Physics
سال: 2015
ISSN: 2327-4352,2327-4379
DOI: 10.4236/jamp.2015.36079