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...
| Autor principal: | |
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| Formato: | info:eu-repo/semantics/article |
| Lenguaje: | Español |
| Publicado: |
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 |
| _version_ | 1782337131106009088 |
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| author | Wong, David |
| author_facet | Wong, David |
| author_sort | Wong, David |
| collection | Repositorio |
| description | 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. |
| format | info:eu-repo/semantics/article |
| id | clacso-CLACSO52669 |
| institution | CLACSO, Repositorio Digital |
| language | Español |
| publishDate | 1991 |
| publisher | Universidad del Pacífico |
| record_format | greenstone |
| spelling | clacso-CLACSO526692022-03-17T18:47:48Z The Lima Stock Exchange, 1980-1990: an analysis of liquidity, profitability and risk La bolsa de valores de Lima, 1980 a 1990: un análisis de liquidez, rentabilidad y riesgo Wong, David 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. El presente artículo analiza el rendimiento de la Bolsa de Valores de Lima a través de 33 activos financieros, en el período 1980-1990, a la luz del modelo de Valorización de Activos. Se llega a las conclusiones de que pocos activos fueron líquidos, que no siempre fue atractivo invertir en bolsa, que el dólar fue uno de los mejores activos financieros; y que en toda carrera óptima se debió incluir un porcentaje de depósitos a plazo, aún cuando ofrecieron una tasa real negativa. 1991-12-09 2022-03-17T18:47:48Z 2022-03-17T18:47:48Z info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion https://revistas.up.edu.pe/index.php/apuntes/article/view/338 10.21678/apuntes.29.338 http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/52669 spa https://revistas.up.edu.pe/index.php/apuntes/article/view/338/340 Derechos de autor 2017 Apuntes http://creativecommons.org/licenses/by/4.0 application/pdf Universidad del Pacífico Apuntes. Social Sciences Journal; Apuntes 29; 67-87 Apuntes. Revista de ciencias sociales; Apuntes 29; 67-87 2223-1757 0252-1865 |
| spellingShingle | Wong, David The Lima Stock Exchange, 1980-1990: an analysis of liquidity, profitability and risk |
| title | The Lima Stock Exchange, 1980-1990: an analysis of liquidity, profitability and risk |
| title_full | The Lima Stock Exchange, 1980-1990: an analysis of liquidity, profitability and risk |
| title_fullStr | The Lima Stock Exchange, 1980-1990: an analysis of liquidity, profitability and risk |
| title_full_unstemmed | The Lima Stock Exchange, 1980-1990: an analysis of liquidity, profitability and risk |
| title_short | The Lima Stock Exchange, 1980-1990: an analysis of liquidity, profitability and risk |
| title_sort | lima stock exchange, 1980-1990: an analysis of liquidity, profitability and risk |
| url | https://revistas.up.edu.pe/index.php/apuntes/article/view/338 http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/52669 |