Empirical study of the validity and relevance of the CAPM and the APT to the Singapore stock market.

• Main Authors: Chiang, Edwin Wy Jeon., Teo, Eng Chong.
• Other Authors: Taylor, Grant Allan
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Equity
• Online Access: http://hdl.handle.net/10356/8285
• Institution: Nanyang Technological University

The objective of this Applied Research Project is to investigate the validity of the Capital Asset Pricing Model and the Arbitrage Pricing Theory, as well as to find out which model is superior in terms of its forecasting ability, thereby making it the more relevant model for Singapore’s stock marke...