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单词 Capital asset pricing model
释义

Capital asset pricing model

中文百科

资本资产定价模型

资本资产定价模型英语:Capital Asset Pricing Model,简称CAPM)是由美国学者威廉·夏普(William Sharpe)、林特尔(John Lintner)、特里诺(Jack Treynor)和莫辛(Jan Mossin)等人在现代投资组合理论的基础上发展起来的,是现代金融市场价格理论的支柱,广泛应用于投资决策和公司理财领域。资本资产定价模型中,所谓资本资产主要指的是股票资产,而定价则试图解释资本市场如何决定股票收益率,进而决定股票价格。

英语百科

Capital asset pricing model 资本资产定价模型

An estimation of the CAPM and the security market line (purple) for the Dow Jones Industrial Average over 3 years for monthly data.
The security market line, seen here in a graph, describes a relation between the beta and the asset's expected rate of return.
The (Markowitz) efficient frontier. CAL stands for the capital allocation line.

In finance, the capital asset pricing model (CAPM) is an empirical model used to determine a theoretically appropriate required rate of return of an asset, if that asset is to be added to an already well-diversified portfolio, given that asset's non-diversifiable risk.

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更新时间:2025/6/17 18:03:20