Gestión de Carteras II: Modelo de Valoración de Activos (Portfolio Management II: Capital Asset Pricing Model)

30 Pages Posted: 22 Aug 2013 Last revised: 19 Jan 2018

See all articles by Juan Mascareñas

Juan Mascareñas

Universidad Complutense de Madrid

Date Written: December 1, 2015

Abstract

Spanish Abstract: Esta monografía desarrolla los modelos de valoración de activos de William Sharpe (CAPM) y el Stephen Ross (APT). Se comentan además la Línea del Mercado de Capitales (CML), la Línea del Mercado de Títulos, (SML), la estimación de la beta y los principales índices de performance.

English Abstract: This monograph develops the capital asset pricing models by William Sharpe (CAPM) and by Stephen Ross (APT). Moreover, the Capital Market Line (CML), the Security Market Line (SML), the beta coefficient estimation, and the main performance indices are explained.

Note: Downloadable document is in Spanish.

Keywords: CML, SML, CAPM, APT, Beta

JEL Classification: G11

Suggested Citation

Mascareñas, Juan, Gestión de Carteras II: Modelo de Valoración de Activos (Portfolio Management II: Capital Asset Pricing Model) (December 1, 2015). Available at SSRN: https://ssrn.com/abstract=2313393 or http://dx.doi.org/10.2139/ssrn.2313393

Juan Mascareñas (Contact Author)

Universidad Complutense de Madrid ( email )

Avda. de Séneca 2
Madrid, 28040
Spain

HOME PAGE: http://www.ucm.es

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