The Study of Relationship between Size, value and Liquidity Risk with Excess Return of stock in Tehran exchange market
Journal Title: International Research Journal of Applied and Basic Sciences - Year 2014, Vol 8, Issue 7
Abstract
Investors always are thinking to earn more profits and reduce the risk, sothe different models over the years, has been developed for the assessment of risk and return. The most complete model that has provided is Fama and French model. In this study we investigated the role of various risk factors, including size, value and liquidity on capital asset pricing, and liquidity influence on improving the predictive power of the model. Thestatistical populationof the study is all firms listed in Tehran stock exchange and sample consisting of 155 companies for period of 2007-2011. Research findings indicate that there is no positive relationship between risk factors and excess stock returns inTehran Stock Exchange.
Authors and Affiliations
Naghi Bahramfar| The member of scientific group of Qazvin Islamic Azad University, Accounting department, Zeinab mirabi| MA Student of accounting, Qazvin Islamic Azad University, email: Zeinabmirabi@gmail.com
Keywords
Related Articles
- EP ID EP6645
- DOI -
- Views 262
- Downloads 10
Comparative study of service quality in selected hospitals of Tehran University of Medical Sciences, the private hospital and social security dimension six SERVQUAL model
The main goal of any organization should be customer satisfaction because patients will have to increase health promotion .Through the analysis of the gap between expected and perceived service quality of the patient can...
Analyzing Donation Contract in Iran Legal System
Donation in word is meaning donating without exchange and in Imamiye's views it has got two meanings: General & Particular, Donation in general meaning it is property without exchange. Donation in mentioned meaning compr...
Investigating the impact of self on attitudes toward luxury brands among teens in Iran
The major purpose of this study is to understand the impact of self on attitudes toward luxury brands among Iranian teens. In order to do this, the model presented by Gil et al. (2012) is examined among an Iranian sample...
A Survey about the Impact of Agronomical and Morphological Attitude on the Efficiency of Durum Wheat by Iranian and Azerbaijan Republic origin
In order to study the efficiency of Durum wheat genotypes with the origin in Iran and Azerbaijan Republic; an experiment was done based on pretty random plan (RB) in Ardebil district. In this experiment various agronomic...
A low cost, simplified and battery-powered mobile electrophoresis system suitable as edutainment tool
Electrophoresis originated since 1807 and has been a staple tool used by biologist and chemist over the centuries since its inception. From paper electrophoresis system to today’s modern automated electrophoresis system,...