Keywords
EconomicsAsset (computer security)Capital asset pricing modelFinancial economicsCapital (architecture)Monetary economicsEconometricsComputer scienceGeography
Related Publications
CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*
One of the problems which has plagued those attempting to predict the behavior of capital markets is the absence of a body of positive microeconomic theory dealing with conditio...
Equilibrium in a Capital Asset Market
This paper investigates the properties of a for risky assets on the basis of a simple model of general equilibrium of exchange, where individual investors seek to maximize pref...
An Intertemporal General Equilibrium Model of Asset Prices
This paper develops a continuous time general equilibrium model of a simple but complete economy and uses it to examine the behavior of asset prices. In this model, asset prices...
Risk, Return, and Equilibrium: Empirical Tests
This paper tests the relationship between average return and risk for New York Stock Exchange common stocks. The theoretical basis of the tests is the "two-parameter" portfolio ...
Forecasting Stock-Return Variance: Toward an Understanding of Stochastic Implied Volatilities
We examine the behavior of measured variances from the options market and the underlying stock market. Under the joint hypotheses that markets are informationally efficient and ...
Publication Info
- Year
- 1964
- Type
- article
- Volume
- 19
- Issue
- 3
- Pages
- 425-425
- Citations
- 7476
- Access
- Closed
External Links
Social Impact
Altmetric
PlumX Metrics
Social media, news, blog, policy document mentions
Citation Metrics
7476
OpenAlex
Cite This
William F. Sharpe
(1964).
Capital Asset Prices: A Theory of Market Equilibrium under Conditions of Risk.
The Journal of Finance
, 19
(3)
, 425-425.
https://doi.org/10.2307/2977928
Identifiers
- DOI
- 10.2307/2977928