learn.howToCalculate
learn.whatIsHeading
Capital Asset Pricing Model calculates required return: r = r_f + β(r_m - r_f). Links stock risk to expected return.
Trin-for-trin guide
- 1Input risk-free rate, market return, security beta
- 2Calculate required return using CAPM
- 3Compare to expected return for investment decision
Løste eksempler
Input
r_f=2%, market=10%, β=1.5
Resultat
Required return = 2% + 1.5(8%) = 14%
High risk, high return required
Almindelige fejl at undgå
- ✕Using incorrect risk-free rate
- ✕Assuming β stable
- ✕Neglecting small-stock premium
Ofte stillede spørgsmål
Is CAPM universally accepted?
Useful but debated; assumptions questioned by many academics.
Klar til at beregne? Prøv den gratis C A P M-beregner
Prøv det selv →