ONE-FACTOR APT


Meaning of ONE-FACTOR APT in English

A special case of the arbitrage pricing theory that is derived from the one-factor model by using diversification and arbitrage . It shows that the expected return on any risky asset is a linear function of a single factor .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.