The capital asset pricing model (CAPM) helps investors understand ... to estimate the fair value of an asset and understand the relationship between risk and expected returns.

Many investors use the capital asset pricing model (CAPM) as a way to estimate ... values are generally best viewed alongside beta as a measure of risk. A stock's beta is a measurement of its ...

Black, Fischer, Michael C. Jensen, and Myron Scholes. "The Capital Asset Pricing Model: Some Empirical Tests." In Studies in the Theory of Capital Markets, edited by ...

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 ...

Merton, Robert C. "A Reexamination of the Capital Asset Pricing Model." In Studies in Risk and Return, edited by J. Bicksler and I. Friend. Cambridge, MA: Ballinger Publishing Company, 1977.