Analyzing the Effect of Capital Gains and Stock Liquidity on Stock Expected Return

Mohammad Hassani; Narges Nabizadeh

Volume 4, Issue 7 , July 2017, , Pages 702-719

  This research investigated the effect of capital gains and stock liquidity on stock expected return. The stock expected return is measured based on capital assets pricing model. Stock liquidity is measured by stock trading turn over and capital gain is measured by the return made through the changes ...  Read More