Matches in SemOpenAlex for { <https://semopenalex.org/work/W2175814799> ?p ?o ?g. }
Showing items 1 to 79 of
79
with 100 items per page.
- W2175814799 endingPage "170" @default.
- W2175814799 startingPage "160" @default.
- W2175814799 abstract "This paper is on Capital Asset Pricing Model (CAPM) and implication for a developing capital market like Nigeria. The study tests the predictive power of the CAPM in determining the required rate of return of the banking sector stocks in the Nigerian Stock Market as postulated by Sharpe (1964). Given the model of CAPM as R i = R f + β(R m – R f ), the beta was first estimated by regressing the monthly average prices against the NSE All Share index for each year and for each quoted bank and the CAPM returns for the fifteen banks quoted in the Nigerian stock Exchange were estimated from January, 2013 to December, 2014 covering a period of twenty four months. The actual rates of return for each of the banks stock was equally estimated and compared with the CAPM returns to find out if the stocks were correctly valued. This was done using secondary data from CBN Statistical Bulletin and the Nigerian Stock Exchange publications. The findings show that the CAPM is not a good predictor of stock returns in the banking sector as twelve of the fifteen banks shares were over-valued while three bank shares were under-valued. Key words: Risk premium, stock Beta, CAPM required rate of return, Actual rate of stock return" @default.
- W2175814799 created "2016-06-24" @default.
- W2175814799 creator A5044595407 @default.
- W2175814799 date "2015-01-01" @default.
- W2175814799 modified "2023-09-24" @default.
- W2175814799 title "Capital Asset Pricing Model (CAPM) and Implication for a Developing Capital Market like Nigeria: A Case Study of the Quoted Banks on Nigeria Stock Exchange, January, 2013 – December, 2014." @default.
- W2175814799 hasPublicationYear "2015" @default.
- W2175814799 type Work @default.
- W2175814799 sameAs 2175814799 @default.
- W2175814799 citedByCount "0" @default.
- W2175814799 crossrefType "journal-article" @default.
- W2175814799 hasAuthorship W2175814799A5044595407 @default.
- W2175814799 hasConcept C10138342 @default.
- W2175814799 hasConcept C106159729 @default.
- W2175814799 hasConcept C127413603 @default.
- W2175814799 hasConcept C149782125 @default.
- W2175814799 hasConcept C151730666 @default.
- W2175814799 hasConcept C154611145 @default.
- W2175814799 hasConcept C162324750 @default.
- W2175814799 hasConcept C181236170 @default.
- W2175814799 hasConcept C200870193 @default.
- W2175814799 hasConcept C204036174 @default.
- W2175814799 hasConcept C2776988154 @default.
- W2175814799 hasConcept C2780299701 @default.
- W2175814799 hasConcept C2780762169 @default.
- W2175814799 hasConcept C2780821815 @default.
- W2175814799 hasConcept C556758197 @default.
- W2175814799 hasConcept C78519656 @default.
- W2175814799 hasConcept C86637286 @default.
- W2175814799 hasConcept C86803240 @default.
- W2175814799 hasConceptScore W2175814799C10138342 @default.
- W2175814799 hasConceptScore W2175814799C106159729 @default.
- W2175814799 hasConceptScore W2175814799C127413603 @default.
- W2175814799 hasConceptScore W2175814799C149782125 @default.
- W2175814799 hasConceptScore W2175814799C151730666 @default.
- W2175814799 hasConceptScore W2175814799C154611145 @default.
- W2175814799 hasConceptScore W2175814799C162324750 @default.
- W2175814799 hasConceptScore W2175814799C181236170 @default.
- W2175814799 hasConceptScore W2175814799C200870193 @default.
- W2175814799 hasConceptScore W2175814799C204036174 @default.
- W2175814799 hasConceptScore W2175814799C2776988154 @default.
- W2175814799 hasConceptScore W2175814799C2780299701 @default.
- W2175814799 hasConceptScore W2175814799C2780762169 @default.
- W2175814799 hasConceptScore W2175814799C2780821815 @default.
- W2175814799 hasConceptScore W2175814799C556758197 @default.
- W2175814799 hasConceptScore W2175814799C78519656 @default.
- W2175814799 hasConceptScore W2175814799C86637286 @default.
- W2175814799 hasConceptScore W2175814799C86803240 @default.
- W2175814799 hasIssue "22" @default.
- W2175814799 hasLocation W21758147991 @default.
- W2175814799 hasOpenAccess W2175814799 @default.
- W2175814799 hasPrimaryLocation W21758147991 @default.
- W2175814799 hasRelatedWork W1526833478 @default.
- W2175814799 hasRelatedWork W1560356850 @default.
- W2175814799 hasRelatedWork W1848704792 @default.
- W2175814799 hasRelatedWork W1890618331 @default.
- W2175814799 hasRelatedWork W2057027924 @default.
- W2175814799 hasRelatedWork W2260938081 @default.
- W2175814799 hasRelatedWork W2280484658 @default.
- W2175814799 hasRelatedWork W2487489087 @default.
- W2175814799 hasRelatedWork W2516362977 @default.
- W2175814799 hasRelatedWork W2606937850 @default.
- W2175814799 hasRelatedWork W2890956954 @default.
- W2175814799 hasRelatedWork W2972708257 @default.
- W2175814799 hasRelatedWork W2981455883 @default.
- W2175814799 hasRelatedWork W2993056790 @default.
- W2175814799 hasRelatedWork W3036657638 @default.
- W2175814799 hasRelatedWork W3122550009 @default.
- W2175814799 hasRelatedWork W3122969576 @default.
- W2175814799 hasRelatedWork W3125765801 @default.
- W2175814799 hasRelatedWork W1832726954 @default.
- W2175814799 hasRelatedWork W2971344948 @default.
- W2175814799 hasVolume "6" @default.
- W2175814799 isParatext "false" @default.
- W2175814799 isRetracted "false" @default.
- W2175814799 magId "2175814799" @default.
- W2175814799 workType "article" @default.