A study on the risk and return of the stocks on the PSE and sectoral indices with heterogeneous expectations from periods 2006-2015

• Main Authors: Abadier, Syra C., Ang, Allyson M., Del Rosario, Patricia M., Ko, Frances Angelica Domini T.
• Format: text
• Language: English
• Published: Animo Repository 2016
• Subjects: Stock exchanges > Philippines; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/8995
• Institution: De La Salle University

This study relaxed the homogeneous expectations assumption of Capital Asset Pricing Model (CAPM) which is generally proved not to be an appropriate characterization of capital markets and empirically analyzed the effects of heterogeneous expectations on asset returns. Furthermore, the study analyzed...