تحليل العلاقة بين العائد و المخاطرة للمحفظة الاستثمارية في ظل نموذج تسعير الأصول الرأسمالية : دراسة حالة عينة من المؤسسات في سوق الأوراق المالية الجزائرية

الملخص EN

This study aimes to Detect the compatibility of the stock market in Algeria with the explanatory theory of the relationship between expected return and systemic risk, by attempting to drop the capital asset pricing model on a sample of listed companies on the Algerian main market during the period 2013-2017, the results indicate that the stock market in Algeria is not compatible with to this relationship.

as investing in the risk free interest rate is better than investing in the algerian stock market because its return is greater.