To test CAPM, the focus is on market returns, while APT uses macroeconomic factors like inflation, oil prices, interest rates, and exchange rates. For this, monthly data from January 2010 to December 2014 is used. The analysis builds on this foundation.
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DHAYANITHI S
DINESH KUMAR R
ROY ROYEN J
Ramakrishna Mission Vidyamandira
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S et al. (Wed,) studied this question.
www.synapsesocial.com/papers/69fbefc0164b5133a91a3cf2 — DOI: https://doi.org/10.56975/jaafr.v4i4.507529