A Test of Fame and French Three Factor Model in Pakistan Equity Market

Dr. Beenish Ameer; Dr. Moazzam Jamil

Authors

Dr. Beenish Ameer
Dr. Moazzam Jamil

Keywords:

Abstract

There is a view that investor who want to make investment in stock exchange should make a decision maximize their wealth. For this purpose the investor not only want to know which factor will impact the return but also want to understand the relative weight of various factors level, and which sub factor will impact more for giving factors. So they analyze all relevant factors while making decision that affect the return from investment in future. Variation in stock market return was determined by various theories. It was started with Sharp (1964), Linter (1965), Black (1972) who present Capital Asset Pricing Model (CAPM) which shows how to be related between the average return of stock and market risk factor. Other researcher did not agree because there is other factor more than one factor.

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A Test of Fame and French Three Factor Model in Pakistan Equity Market. (2013). Global Journal of Management and Business Research, 13(20), 13-16. https://journalofbusiness.org/index.php/GJMBR/article/view/

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Author Biography

Dr. Beenish Ameer

Beenish Ameer is an academic author affiliated with Quaid-i-Azam University Islamabad and The Islamia University of Bahawalpur, Pakistan. She holds qualifications of BBA (HONS) and MS (FINANCE). She has contributed research works related to Islamic Finance and Banking Studies, Emotional Intelligence and Performance, Leadership, Behavior, and Decision-Making Studies, Accounting, Social Psychology, and Management Science and Operations Research. She has published multiple research articles and has acted as a peer reviewer. Her contact details indicate current residence in the United Kingdom.

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