Biblioteca Digital de VanguardiaThe Lima Stock Exchange, 1980-1990: an analysis of liquidity, profitability and risk
This article analyzes Lima's Stock Exchange through 33 securities in the 1980-1990 periods, using the Capital Asset Pricing model. It arrives to the following conclusions: a few securities were liquid assets; not always stock exchange was an attractive alternative; the dollar was one of the bes...
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| Formato: | info:eu-repo/semantics/article |
| Lenguaje: | Español |
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Universidad del Pacífico
1991
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| Acceso en línea: | https://revistas.up.edu.pe/index.php/apuntes/article/view/338 http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/52669 |
| Sumario: | This article analyzes Lima's Stock Exchange through 33 securities in the 1980-1990 periods, using the Capital Asset Pricing model. It arrives to the following conclusions: a few securities were liquid assets; not always stock exchange was an attractive alternative; the dollar was one of the best securities; and, all efficient portfolios included low risk deposits, even if these offered a negative real return. |
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