Learn how hedonic regression helps estimate factors affecting prices in real estate and consumer goods, aiding in precise valuation and quality adjustment.

The Bjerksund-Stensland model is a key method for pricing American options. It helps investors determine optimal times for exercising options with dividends considered.

Asset pricing and stock market dynamics form a central pillar of contemporary financial economics, seeking to explain how various securities are valued in relation to their risk factors and market ...

The newer factor models of Hou, Xue, and Zhang and Fama and French, which include measures of asset growth to quantify investment, have been shown to add considerable explanatory power to asset ...

We consider the problem of testing the presence of alpha in linear factor pricing models. We propose a robust spatial sign-based nonparametric test that simultaneously alleviates two prominent ...

Forbes contributors publish independent expert analyses and insights. Neil Sahota is a globally sought after speaker and business advisor. In the digital economy, companies continuously seek ...

Citations: Daniel, Kent. 2003. Can Current Factor Pricing Models Really Explain the Size, Book-to-Market, and Momentum Effects?.