{"id":1439,"date":"2026-08-04T16:06:21","date_gmt":"2026-08-04T16:06:21","guid":{"rendered":"https:\/\/www.ahmadinia.fi\/index.php\/portfolio\/a-study-on-developing-of-asset-pricing-models\/"},"modified":"2026-08-05T17:09:41","modified_gmt":"2026-08-05T17:09:41","slug":"a-study-on-developing-of-asset-pricing-models","status":"publish","type":"academic_item","link":"https:\/\/www.ahmadinia.fi\/index.php\/portfolio\/a-study-on-developing-of-asset-pricing-models\/","title":{"rendered":"A Study on Developing of Asset Pricing Models"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-806 alignleft\" src=\"https:\/\/www.ahmadinia.fi\/wp-content\/uploads\/2025\/02\/5b6cd53e4a0d6-232x300.png\" alt=\"\" width=\"232\" height=\"300\" \/>This study explores the evolution of the Capital Asset Pricing Model (CAPM) by integrating additional financial risk factors, including liquidity risks, downside risks, unexpected event risks, and operational and economic risks. These modifications enhance the model\u2019s efficiency, leading to improved interpretations of market conditions and portfolio structures. As CAPM evolves, new variants provide better insights for financial managers, analysts, and investors, helping them assess both the advantages and limitations of these models in decision-making.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Raei, R., Ahmadinia, H., &#038; Hasbaei, A., (2011). A Study on Developing of Asset Pricing Models, International Business Research, 4 (4):139-152.<\/p>\n","protected":false},"author":1,"featured_media":0,"template":"","meta":{"had_date":"2011-01-01","had_date_precision":"day","had_venue":"International Business Research","had_authors":"Raei, R., Ahmadinia, H., & Hasbaei","had_external_url":"https:\/\/doi.org\/10.5539\/ibr.v4n4p139","had_doi":"10.5539\/ibr.v4n4p139","had_citation":"Raei, R., Ahmadinia, H., & Hasbaei, A., (2011). A Study on Developing of Asset Pricing Models, International Business Research, 4 (4):139-152.","had_meta_label":"Publication","had_amount":"","had_location":"","had_topic":"","had_field":"","had_method":"","had_data_source":"","had_participants":"","had_platform":"","had_level":"","had_publisher":"","had_language":"English","had_jufo":"","had_institution":"","had_students":"","had_credits":"","had_format":"Publication","had_city":"","had_latitude":"","had_longitude":"","had_quantity":"","had_amount_eur":"","had_currency":"","had_country":"","had_project_id":"","had_featured":false,"footnotes":""},"tags":[],"academic_type":[259],"class_list":["post-1439","academic_item","type-academic_item","status-publish","hentry","academic_type-legacy-journal-archive"],"_links":{"self":[{"href":"https:\/\/www.ahmadinia.fi\/index.php\/wp-json\/wp\/v2\/academic_item\/1439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ahmadinia.fi\/index.php\/wp-json\/wp\/v2\/academic_item"}],"about":[{"href":"https:\/\/www.ahmadinia.fi\/index.php\/wp-json\/wp\/v2\/types\/academic_item"}],"author":[{"embeddable":true,"href":"https:\/\/www.ahmadinia.fi\/index.php\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":1,"href":"https:\/\/www.ahmadinia.fi\/index.php\/wp-json\/wp\/v2\/academic_item\/1439\/revisions"}],"predecessor-version":[{"id":1506,"href":"https:\/\/www.ahmadinia.fi\/index.php\/wp-json\/wp\/v2\/academic_item\/1439\/revisions\/1506"}],"wp:attachment":[{"href":"https:\/\/www.ahmadinia.fi\/index.php\/wp-json\/wp\/v2\/media?parent=1439"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ahmadinia.fi\/index.php\/wp-json\/wp\/v2\/tags?post=1439"},{"taxonomy":"academic_type","embeddable":true,"href":"https:\/\/www.ahmadinia.fi\/index.php\/wp-json\/wp\/v2\/academic_type?post=1439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}