The conditional relationship between beta and stock returns: An empirical study in the Colombo Stock Market

Riyath, M.I.M.; Jahfer, Athambawa

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dc.contributor.author	Riyath, M.I.M.
dc.contributor.author	Jahfer, Athambawa
dc.date.accessioned	2021-02-22T05:43:11Z
dc.date.accessioned	2022-07-07T10:10:44Z
dc.date.available	2021-02-22T05:43:11Z
dc.date.available	2022-07-07T10:10:44Z
dc.date.issued	2018
dc.identifier.citation	Riyath, M.I.M. and Jahfer, A., 2018. The conditional relationship between beta and stock returns: An empirical study in the Colombo Stock Market. International Journal of Accounting and Business Finance, 4(1), pp.18–29. DOI: http://doi.org/10.4038/ijabf.v4i1.25	en_US
dc.identifier.issn	E-ISSN: 2448-9875
dc.identifier.uri	http://repo.lib.jfn.ac.lk/ujrr/handle/123456789/1614
dc.description.abstract	The objective of this research is to find out the conditional relationship between beta and stock returns for the period 1999 to 2013 in the Sri Lankan market. This study tests whether the beta factor has an ability to influence on the stock returns and attempts to investigate the conditional relationship between beta and stock returns in Sri Lanka. This study reveals that the relationship between beta- return is positive during the up market condition and the relationship is negative during the down market condition in Colombo Stock Exchange during the study period. Therefore, the beta-realized return relationship is hold in the Colombo Stock Exchange with market condition such as up and down markets.	en_US
dc.publisher	Faculty of Management Studies & Commerce, University of Jaffna	en_US
dc.subject	CAPM	en_US
dc.subject	Beta	en_US
dc.subject	Stock return	en_US
dc.subject	Colombo stock exchange	en_US
dc.title	The conditional relationship between beta and stock returns: An empirical study in the Colombo Stock Market	en_US
dc.type	Article	en_US