History of CAPM In the 1950s Harry Markowitz, creator of modern portfolio theory, established the groundwork for the capital asset pricing model.

The Capital Asset Pricing Model, commonly known as CAPM, is a financial model that calculates the expected return on an investment based on its risk compared to the broader market. Developed in ...

Re-Engineered CAPM Model: S&P 500 Real Price per Share, in US Dollars, January 1871 to December 2021 ...

We show that the external habit-formation model economy of Campbell and Cochrane (1999) can explain why the Capital Asset Pricing Model (CAPM) and its extensions are better approximate asset pricing ...

Thomas H. Naylor, Francis Tapon, The Capital Asset Pricing Model: An Evaluation of Its Potential As a Strategic Planning Tool, Management Science, Vol. 28, No. 10 ...