Baghdadabad, Mohammad Reza Tavakoli; Nor, Fauzias Mat; … - In: Journal of Advanced Studies in Finance II (2011) 2, pp. 150-168
), MSR, and FPI. It proposes a new single-factor model to estimate the drawdown beta and alpha in the DRM framework. This … mutual funds. The evidence shows that replacement framework in terms of MDB, the drawdown beta, and the drawdown CAPM can be …
