Kazmi, Madiha; Noreen, Umara; Jadoon, Imran Abbas; … - In: Risks : open access journal 9 (2021) 12, pp. 1-14
In the financial world, the importance of "downside risk" and "higher moments" has been emphasized, predominantly in developing countries such as Pakistan, for a substantial period. Consequently, this study tests four models for a suitable capital asset pricing model. These models are CAPM's...
