Profitability and investment factors for UK asset pricing models

Eoghan Nichol and Michael Dowling

Economics Letters, 2014, vol. 125, issue 3, 364-366

Abstract: Two recent asset pricing models share a common core of the addition of profitability and investment as factors, but differ in implementation. We adapt these models for the UK and argue that the Fama–French five-factor profitability factor offers the most potential.

Keywords: Asset pricing; Profitability; Investment; UK market (search for similar items in EconPapers)
JEL-codes: G12 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:125:y:2014:i:3:p:364-366

DOI: 10.1016/j.econlet.2014.10.013

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