This article examines the capital-asset pricing model (CAPM) which has been extended with a factor for geopolitical risk. I use monthly stock return data for all stocks listed on a major US ...

New AI capabilities within TestComplete enable teams to automate visual regression testing without writing automation scripts, simplifying workflows ...

RAYMOND KAN, CESARE ROBOTTI, JAY SHANKEN, Pricing Model Performance and the Two-Pass Cross-Sectional Regression Methodology, The Journal of Finance, Vol. 68, No. 6 (DECEMBER 2013), pp. 2617-2649 ...

This paper proposes a consistent test for the goodness-of-fit of parametric regression models that overcomes two important problems of the existing tests, namely, the poor empirical power and size ...