Factor Sufficiency in Asset Pricing: An Application for the Brazilian Market

RD dos Santos Rocha, M Laurini - International Journal of Financial …, 2023 - mdpi.com
The multifactor asset pricing model derived from the Fama–French approach is extensively
used in asset risk premium estimation procedures. Even including a considerable number of …

Conditional pricing model with heteroscedasticity: Evaluation of Brazilian funds

LSDA COSTA, FF Blank, FLC Oliveira… - … De Administração De …, 2019 - SciELO Brasil
Empirical studies have revealed that the conditional Capital Asset Pricing Model (CAPM)
has a higher explanatory power than its unconditional version, particularly for the model in …

Portfolio construction and risk management: theory versus practice

SC Lee, W Eid - RAUSP Management Journal, 2018 - SciELO Brasil
Purpose This paper aims to identify a possible mismatch between the theory found in
academic research and the practices of investment managers in Brazil …

Using hierarchical risk parity in the Brazilian market: An out-of-sample analysis

F Reis, A Sobreira, C Trucíos… - Available at SSRN …, 2023 - papers.ssrn.com
Portfolio allocation is an important tool for portfolio managers and investors interested in
diversification as well as improvements in out-of-sample portfolio performance. Recently …

Portfolio evaluation of volatility timing and reward to risk timing investment strategies: The brazilian case

RA Iquiapaza, GFC Vaz, SL Borges - Revista de Finanças …, 2016 - papers.ssrn.com
Revista de Finanças Aplicadas Page 1 Electronic copy available at: https://ssrn.com/abstract=3130797
www.financasaplicadas.net ISSN 2176-8854 AVALIAÇÃO DE PORTFÓLIO DAS ESTRATÉGIAS …

Analysis of risk and mispricing hypotheses of accruals: Evidence from Brazil

VG Martins, PA Monte, MAV Machado - Revista Brasileira de Gestão …, 2019 - SciELO Brasil
Purpose: Analyze how the accruals pricing is configured in the brazilian stock market, that is,
if it represents a market mispricing or a risk factor. Design/methodology/approach: We used …

[PDF][PDF] A paridade de risco no cenário brasileiro

PO De Souza, TP Filomena, JF Caldeira - Anais do XLIII Encontro …, 2016 - anpec.org.br
Este artigo se propõe a iniciar estudos no que toca à abordagem de otimização de portfólios
de investimento conhecida como paridade de risco no contexto brasileiro. Neste trabalho …

[PDF][PDF] Five Risk Factors Model: Pricing Sectoral Portfolios in the Brazilian Stock Market

MDV Vieira, VM Maia, MC KLOTZLE… - … da Ciencia Contabil …, 2017 - researchgate.net
The assets risk premium is the central variable of the finance models that seek to estimate
the cost of capital of the companies, the cost of this employee, for example, in the evaluation …

Brazilian Exchanged Traded Funds (ETFs) pricing/Precificacao De Exchanged Traded Funds (ETFs) Brasileiros/Fijacion de Exchanged Traded Funds (ETFs) …

B Milani, PS Ceretta - Gestao & Tecnologia, 2019 - go.gale.com
The objective of this study is to verify, based on the traditional mutual fund performance
evaluation models, which variables affect the return of Brazilian ETFs. Regressions were …