id	sid	tid	token	lemma	pos
issue-346	1	1	baltic	baltic	PROPN
issue-346	1	2	journal	journal	PROPN
issue-346	1	3	of	of	ADP
issue-346	1	4	economic	economic	ADJ
issue-346	1	5	studies	study	NOUN
issue-346	1	6	163	163	NUM
issue-346	1	7	vol	vol	NOUN
issue-346	1	8	.	.	PROPN
issue-346	2	1	4	4	NUM
issue-346	2	2	,	,	PUNCT
issue-346	2	3	no	no	INTJ
issue-346	2	4	.	.	NOUN
issue-346	2	5	1	1	NUM
issue-346	2	6	,	,	PUNCT
issue-346	2	7	2018	2018	NUM
issue-346	2	8	corresponding	correspond	VERB
issue-346	2	9	author	author	NOUN
issue-346	2	10	:	:	PUNCT
issue-346	2	11	1	1	NUM
issue-346	2	12	department	department	NOUN
issue-346	2	13	of	of	ADP
issue-346	2	14	finance	finance	NOUN
issue-346	2	15	and	and	CCONJ
issue-346	2	16	entrepreneurship	entrepreneurship	NOUN
issue-346	2	17	,	,	PUNCT
issue-346	2	18	sumy	sumy	PROPN
issue-346	2	19	state	state	PROPN
issue-346	2	20	university	university	PROPN
issue-346	2	21	.	.	PUNCT
issue-346	3	1	e	e	X
issue-346	3	2	-	-	NOUN
issue-346	3	3	mail	mail	NOUN
issue-346	3	4	:	:	PUNCT
issue-346	3	5	l.zaharkina@finance.sumdu.edu.ua	l.zaharkina@finance.sumdu.edu.ua	PROPN
issue-346	3	6	2	2	NUM
issue-346	3	7	department	department	NOUN
issue-346	3	8	of	of	ADP
issue-346	3	9	finance	finance	NOUN
issue-346	3	10	and	and	CCONJ
issue-346	3	11	entrepreneurship	entrepreneurship	NOUN
issue-346	3	12	,	,	PUNCT
issue-346	3	13	sumy	sumy	PROPN
issue-346	3	14	state	state	PROPN
issue-346	3	15	university	university	PROPN
issue-346	3	16	.	.	PUNCT
issue-346	4	1	e	e	X
issue-346	4	2	-	-	NOUN
issue-346	4	3	mail	mail	NOUN
issue-346	4	4	:	:	PUNCT
issue-346	5	1	m.abramchuk@finance.sumdu.edu.ua	m.abramchuk@finance.sumdu.edu.ua	PROPN
issue-346	6	1	*	*	PUNCT
issue-346	6	2	this	this	DET
issue-346	6	3	work	work	NOUN
issue-346	6	4	was	be	AUX
issue-346	6	5	supported	support	VERB
issue-346	6	6	by	by	ADP
issue-346	6	7	the	the	DET
issue-346	6	8	ministry	ministry	PROPN
issue-346	6	9	of	of	ADP
issue-346	6	10	education	education	PROPN
issue-346	6	11	and	and	CCONJ
issue-346	6	12	science	science	NOUN
issue-346	6	13	of	of	ADP
issue-346	6	14	ukraine	ukraine	NOUN
issue-346	6	15	(	(	PUNCT
issue-346	6	16	project	project	NOUN
issue-346	6	17	no	no	NOUN
issue-346	6	18	.	.	PUNCT
issue-346	7	1	0117u003922	0117u003922	NOUN
issue-346	7	2	“	"	PUNCT
issue-346	7	3	innovative	innovative	ADJ
issue-346	7	4	drivers	driver	NOUN
issue-346	7	5	of	of	ADP
issue-346	7	6	national	national	ADJ
issue-346	7	7	economic	economic	ADJ
issue-346	7	8	security	security	NOUN
issue-346	7	9	:	:	PUNCT
issue-346	7	10	structural	structural	ADJ
issue-346	7	11	modelling	modelling	NOUN
issue-346	7	12	and	and	CCONJ
issue-346	7	13	forecasting	forecasting	NOUN
issue-346	7	14	”	"	PUNCT
issue-346	7	15	)	)	PUNCT
issue-346	7	16	doi	doi	NOUN
issue-346	7	17	:	:	PUNCT
issue-346	7	18	https://doi.org/10.30525/2256-0742/2018-4-1-163-168	https://doi.org/10.30525/2256-0742/2018-4-1-163-168	VERB
issue-346	7	19	the	the	DET
issue-346	7	20	correctness	correctness	NOUN
issue-346	7	21	of	of	ADP
issue-346	7	22	the	the	DET
issue-346	7	23	capm	capm	NOUN
issue-346	7	24	-	-	PUNCT
issue-346	7	25	model	model	NOUN
issue-346	7	26	application	application	NOUN
issue-346	7	27	in	in	ADP
issue-346	7	28	the	the	DET
issue-346	7	29	ukrainian	ukrainian	ADJ
issue-346	7	30	reality	reality	NOUN
issue-346	7	31	in	in	ADP
issue-346	7	32	terms	term	NOUN
issue-346	7	33	of	of	ADP
issue-346	7	34	investors	investor	NOUN
issue-346	7	35	financial	financial	ADJ
issue-346	7	36	security	security	NOUN
issue-346	7	37	*	*	PUNCT
issue-346	7	38	liudmyla	liudmyla	PROPN
issue-346	7	39	zakharkina1	zakharkina1	PROPN
issue-346	7	40	,	,	PUNCT
issue-346	7	41	maryna	maryna	NOUN
issue-346	7	42	abramchuk	abramchuk	ADJ
issue-346	7	43	2	2	NUM
issue-346	7	44	sumy	sumy	PROPN
issue-346	7	45	state	state	PROPN
issue-346	7	46	university	university	PROPN
issue-346	7	47	,	,	PUNCT
issue-346	7	48	ukraine	ukraine	PROPN
issue-346	7	49	abstract	abstract	NOUN
issue-346	7	50	.	.	PUNCT
issue-346	8	1	purpose	purpose	NOUN
issue-346	8	2	.	.	PUNCT
issue-346	9	1	the	the	DET
issue-346	9	2	purpose	purpose	NOUN
issue-346	9	3	of	of	ADP
issue-346	9	4	this	this	DET
issue-346	9	5	article	article	NOUN
issue-346	9	6	is	be	AUX
issue-346	9	7	the	the	DET
issue-346	9	8	research	research	NOUN
issue-346	9	9	of	of	ADP
issue-346	9	10	correctness	correctness	NOUN
issue-346	9	11	of	of	ADP
issue-346	9	12	capm	capm	NOUN
issue-346	9	13	-	-	PUNCT
issue-346	9	14	model	model	NOUN
issue-346	9	15	application	application	NOUN
issue-346	9	16	in	in	ADP
issue-346	9	17	the	the	DET
issue-346	9	18	ukrainian	ukrainian	ADJ
issue-346	9	19	stock	stock	NOUN
issue-346	9	20	market	market	NOUN
issue-346	9	21	and	and	CCONJ
issue-346	9	22	the	the	DET
issue-346	9	23	analysis	analysis	NOUN
issue-346	9	24	of	of	ADP
issue-346	9	25	the	the	DET
issue-346	9	26	time	time	NOUN
issue-346	9	27	factor	factor	NOUN
issue-346	9	28	’s	’s	PART
issue-346	9	29	influence	influence	NOUN
issue-346	9	30	on	on	ADP
issue-346	9	31	the	the	DET
issue-346	9	32	results	result	NOUN
issue-346	9	33	of	of	ADP
issue-346	9	34	this	this	DET
issue-346	9	35	model	model	NOUN
issue-346	9	36	application	application	NOUN
issue-346	9	37	.	.	PUNCT
issue-346	10	1	this	this	DET
issue-346	10	2	problem	problem	NOUN
issue-346	10	3	acquires	acquire	VERB
issue-346	10	4	a	a	DET
issue-346	10	5	special	special	ADJ
issue-346	10	6	relevance	relevance	NOUN
issue-346	10	7	for	for	ADP
issue-346	10	8	the	the	DET
issue-346	10	9	provision	provision	NOUN
issue-346	10	10	of	of	ADP
issue-346	10	11	the	the	DET
issue-346	10	12	investors	investor	NOUN
issue-346	10	13	’	’	PART
issue-346	10	14	financial	financial	ADJ
issue-346	10	15	security	security	NOUN
issue-346	10	16	,	,	PUNCT
issue-346	10	17	who	who	PRON
issue-346	10	18	act	act	VERB
issue-346	10	19	in	in	ADP
issue-346	10	20	the	the	DET
issue-346	10	21	conditions	condition	NOUN
issue-346	10	22	of	of	ADP
issue-346	10	23	significant	significant	ADJ
issue-346	10	24	uncertainty	uncertainty	NOUN
issue-346	10	25	and	and	CCONJ
issue-346	10	26	high	high	ADJ
issue-346	10	27	risk	risk	NOUN
issue-346	10	28	of	of	ADP
issue-346	10	29	the	the	DET
issue-346	10	30	ukrainian	ukrainian	ADJ
issue-346	10	31	stock	stock	NOUN
issue-346	10	32	market	market	NOUN
issue-346	10	33	.	.	PUNCT
issue-346	11	1	methodology	methodology	NOUN
issue-346	11	2	.	.	PUNCT
issue-346	12	1	in	in	ADP
issue-346	12	2	this	this	DET
issue-346	12	3	work	work	NOUN
issue-346	12	4	,	,	PUNCT
issue-346	12	5	methods	method	NOUN
issue-346	12	6	of	of	ADP
issue-346	12	7	dynamic	dynamic	ADJ
issue-346	12	8	lines	line	NOUN
issue-346	12	9	’	'	PUNCT
issue-346	12	10	analysis	analysis	NOUN
issue-346	12	11	,	,	PUNCT
issue-346	12	12	statistical	statistical	ADJ
issue-346	12	13	,	,	PUNCT
issue-346	12	14	structural	structural	ADJ
issue-346	12	15	,	,	PUNCT
issue-346	12	16	comparative	comparative	ADJ
issue-346	12	17	,	,	PUNCT
issue-346	12	18	correlation	correlation	NOUN
issue-346	12	19	-	-	PUNCT
issue-346	12	20	regressive	regressive	ADJ
issue-346	12	21	analysis	analysis	NOUN
issue-346	12	22	were	be	AUX
issue-346	12	23	used	use	VERB
issue-346	12	24	.	.	PUNCT
issue-346	13	1	as	as	ADP
issue-346	13	2	the	the	DET
issue-346	13	3	initial	initial	ADJ
issue-346	13	4	data	datum	NOUN
issue-346	13	5	during	during	ADP
issue-346	13	6	the	the	DET
issue-346	13	7	research	research	NOUN
issue-346	13	8	of	of	ADP
issue-346	13	9	profitability	profitability	NOUN
issue-346	13	10	of	of	ADP
issue-346	13	11	the	the	DET
issue-346	13	12	ukrainian	ukrainian	ADJ
issue-346	13	13	enterprises	enterprise	NOUN
issue-346	13	14	’	'	PUNCT
issue-346	13	15	shares	share	NOUN
issue-346	13	16	,	,	PUNCT
issue-346	13	17	the	the	DET
issue-346	13	18	data	datum	NOUN
issue-346	13	19	of	of	ADP
issue-346	13	20	the	the	DET
issue-346	13	21	exchanging	exchange	VERB
issue-346	13	22	prices	price	NOUN
issue-346	13	23	of	of	ADP
issue-346	13	24	the	the	DET
issue-346	13	25	ukrainian	ukrainian	ADJ
issue-346	13	26	emitters	emitter	NOUN
issue-346	13	27	’	'	PUNCT
issue-346	13	28	securities	security	NOUN
issue-346	13	29	,	,	PUNCT
issue-346	13	30	according	accord	VERB
issue-346	13	31	to	to	ADP
issue-346	13	32	the	the	DET
issue-346	13	33	results	result	NOUN
issue-346	13	34	of	of	ADP
issue-346	13	35	the	the	DET
issue-346	13	36	trades	trade	NOUN
issue-346	13	37	in	in	ADP
issue-346	13	38	the	the	DET
issue-346	13	39	public	public	ADJ
issue-346	13	40	jsc	jsc	NOUN
issue-346	13	41	“	"	PUNCT
issue-346	13	42	ukrainian	ukrainian	ADJ
issue-346	13	43	exchange	exchange	NOUN
issue-346	13	44	”	"	PUNCT
issue-346	13	45	,	,	PUNCT
issue-346	13	46	were	be	AUX
issue-346	13	47	used	use	VERB
issue-346	13	48	.	.	PUNCT
issue-346	14	1	results	result	NOUN
issue-346	14	2	.	.	PUNCT
issue-346	15	1	contemporary	contemporary	ADJ
issue-346	15	2	approaches	approach	NOUN
issue-346	15	3	to	to	ADP
issue-346	15	4	the	the	DET
issue-346	15	5	capm	capm	NOUN
issue-346	15	6	-	-	PUNCT
issue-346	15	7	model	model	NOUN
issue-346	15	8	application	application	NOUN
issue-346	15	9	in	in	ADP
issue-346	15	10	the	the	DET
issue-346	15	11	markets	market	NOUN
issue-346	15	12	,	,	PUNCT
issue-346	15	13	which	which	PRON
issue-346	15	14	are	be	AUX
issue-346	15	15	being	be	AUX
issue-346	15	16	developed	develop	VERB
issue-346	15	17	,	,	PUNCT
issue-346	15	18	were	be	AUX
issue-346	15	19	analysed	analyse	VERB
issue-346	15	20	.	.	PUNCT
issue-346	16	1	as	as	ADP
issue-346	16	2	the	the	DET
issue-346	16	3	result	result	NOUN
issue-346	16	4	of	of	ADP
issue-346	16	5	this	this	DET
issue-346	16	6	analysis	analysis	NOUN
issue-346	16	7	,	,	PUNCT
issue-346	16	8	it	it	PRON
issue-346	16	9	was	be	AUX
issue-346	16	10	revealed	reveal	VERB
issue-346	16	11	that	that	SCONJ
issue-346	16	12	most	most	ADJ
issue-346	16	13	of	of	ADP
issue-346	16	14	the	the	DET
issue-346	16	15	scientific	scientific	ADJ
issue-346	16	16	researches	research	NOUN
issue-346	16	17	in	in	ADP
issue-346	16	18	this	this	DET
issue-346	16	19	area	area	NOUN
issue-346	16	20	emphasize	emphasize	VERB
issue-346	16	21	incorrectness	incorrectness	NOUN
issue-346	16	22	and	and	CCONJ
issue-346	16	23	unreliability	unreliability	NOUN
issue-346	16	24	of	of	ADP
issue-346	16	25	the	the	DET
issue-346	16	26	results	result	NOUN
issue-346	16	27	as	as	ADP
issue-346	16	28	to	to	ADP
issue-346	16	29	the	the	DET
issue-346	16	30	prediction	prediction	NOUN
issue-346	16	31	of	of	ADP
issue-346	16	32	the	the	DET
issue-346	16	33	profitability	profitability	NOUN
issue-346	16	34	indexes	index	NOUN
issue-346	16	35	on	on	ADP
issue-346	16	36	such	such	ADJ
issue-346	16	37	markets	market	NOUN
issue-346	16	38	.	.	PUNCT
issue-346	17	1	calculation	calculation	NOUN
issue-346	17	2	of	of	ADP
issue-346	17	3	the	the	DET
issue-346	17	4	β	β	NOUN
issue-346	17	5	-	-	NOUN
issue-346	17	6	coefficient	coefficient	NOUN
issue-346	17	7	for	for	ADP
issue-346	17	8	the	the	DET
issue-346	17	9	ukrainian	ukrainian	ADJ
issue-346	17	10	emitters	emitter	NOUN
issue-346	17	11	’	'	PUNCT
issue-346	17	12	securities	security	NOUN
issue-346	17	13	for	for	ADP
issue-346	17	14	the	the	DET
issue-346	17	15	various	various	ADJ
issue-346	17	16	investments	investment	NOUN
issue-346	17	17	’	'	PUNCT
issue-346	17	18	horizon	horizon	NOUN
issue-346	17	19	periods	period	NOUN
issue-346	17	20	was	be	AUX
issue-346	17	21	done	do	VERB
issue-346	17	22	.	.	PUNCT
issue-346	18	1	the	the	DET
issue-346	18	2	results	result	NOUN
issue-346	18	3	of	of	ADP
issue-346	18	4	the	the	DET
issue-346	18	5	calculation	calculation	NOUN
issue-346	18	6	showed	show	VERB
issue-346	18	7	that	that	SCONJ
issue-346	18	8	the	the	DET
issue-346	18	9	value	value	NOUN
issue-346	18	10	of	of	ADP
issue-346	18	11	the	the	DET
issue-346	18	12	β	β	NOUN
issue-346	18	13	-	-	NOUN
issue-346	18	14	coefficient	coefficient	NOUN
issue-346	18	15	varies	vary	VERB
issue-346	18	16	greatly	greatly	ADV
issue-346	18	17	on	on	ADP
issue-346	18	18	the	the	DET
issue-346	18	19	terms	term	NOUN
issue-346	18	20	of	of	ADP
issue-346	18	21	investment	investment	NOUN
issue-346	18	22	and	and	CCONJ
issue-346	18	23	is	be	AUX
issue-346	18	24	not	not	PART
issue-346	18	25	of	of	ADP
issue-346	18	26	the	the	DET
issue-346	18	27	strictly	strictly	ADV
issue-346	18	28	consistent	consistent	ADJ
issue-346	18	29	pattern	pattern	NOUN
issue-346	18	30	.	.	PUNCT
issue-346	19	1	stock	stock	NOUN
issue-346	19	2	market	market	NOUN
issue-346	19	3	profitability	profitability	NOUN
issue-346	19	4	per	per	ADP
issue-346	19	5	month	month	NOUN
issue-346	19	6	based	base	VERB
issue-346	19	7	on	on	ADP
issue-346	19	8	ux	ux	NOUN
issue-346	19	9	-	-	PUNCT
issue-346	19	10	index	index	NOUN
issue-346	19	11	and	and	CCONJ
issue-346	19	12	considering	consider	VERB
issue-346	19	13	the	the	DET
issue-346	19	14	investment	investment	NOUN
issue-346	19	15	horizon	horizon	NOUN
issue-346	19	16	period	period	NOUN
issue-346	19	17	was	be	AUX
issue-346	19	18	calculated	calculate	VERB
issue-346	19	19	.	.	PUNCT
issue-346	20	1	the	the	DET
issue-346	20	2	expected	expect	VERB
issue-346	20	3	profitability	profitability	NOUN
issue-346	20	4	of	of	ADP
issue-346	20	5	the	the	DET
issue-346	20	6	ukrainian	ukrainian	ADJ
issue-346	20	7	emitters	emitter	NOUN
issue-346	20	8	’	'	PUNCT
issue-346	20	9	securities	security	NOUN
issue-346	20	10	was	be	AUX
issue-346	20	11	distinguished	distinguish	VERB
issue-346	20	12	and	and	CCONJ
issue-346	20	13	compared	compare	VERB
issue-346	20	14	to	to	ADP
issue-346	20	15	their	their	PRON
issue-346	20	16	real	real	ADJ
issue-346	20	17	rate	rate	NOUN
issue-346	20	18	of	of	ADP
issue-346	20	19	returns	return	NOUN
issue-346	20	20	.	.	PUNCT
issue-346	21	1	during	during	ADP
issue-346	21	2	the	the	DET
issue-346	21	3	profitability	profitability	NOUN
issue-346	21	4	analysis	analysis	NOUN
issue-346	21	5	in	in	ADP
issue-346	21	6	the	the	DET
issue-346	21	7	investment	investment	NOUN
issue-346	21	8	intervals	interval	NOUN
issue-346	21	9	,	,	PUNCT
issue-346	21	10	exponential	exponential	NOUN
issue-346	21	11	moving	move	VERB
issue-346	21	12	average	average	NOUN
issue-346	21	13	with	with	ADP
issue-346	21	14	its	its	PRON
issue-346	21	15	further	further	ADJ
issue-346	21	16	shift	shift	NOUN
issue-346	21	17	for	for	ADP
issue-346	21	18	a	a	DET
issue-346	21	19	month	month	NOUN
issue-346	21	20	was	be	AUX
issue-346	21	21	used	use	VERB
issue-346	21	22	.	.	PUNCT
issue-346	22	1	it	it	PRON
issue-346	22	2	gave	give	VERB
issue-346	22	3	an	an	DET
issue-346	22	4	opportunity	opportunity	NOUN
issue-346	22	5	to	to	PART
issue-346	22	6	distinguish	distinguish	VERB
issue-346	22	7	an	an	DET
issue-346	22	8	average	average	ADJ
issue-346	22	9	monthly	monthly	ADJ
issue-346	22	10	profitability	profitability	NOUN
issue-346	22	11	in	in	ADP
issue-346	22	12	the	the	DET
issue-346	22	13	various	various	ADJ
issue-346	22	14	investment	investment	NOUN
issue-346	22	15	horizon	horizon	NOUN
issue-346	22	16	periods	period	NOUN
issue-346	22	17	(	(	PUNCT
issue-346	22	18	1	1	NUM
issue-346	22	19	till	till	SCONJ
issue-346	22	20	12	12	NUM
issue-346	22	21	months	month	NOUN
issue-346	22	22	)	)	PUNCT
issue-346	22	23	.	.	PUNCT
issue-346	23	1	practical	practical	ADJ
issue-346	23	2	significance	significance	NOUN
issue-346	23	3	.	.	PUNCT
issue-346	24	1	the	the	DET
issue-346	24	2	application	application	NOUN
issue-346	24	3	of	of	ADP
issue-346	24	4	the	the	DET
issue-346	24	5	suggested	suggest	VERB
issue-346	24	6	approach	approach	NOUN
issue-346	24	7	can	can	AUX
issue-346	24	8	become	become	VERB
issue-346	24	9	an	an	DET
issue-346	24	10	additional	additional	ADJ
issue-346	24	11	technique	technique	NOUN
issue-346	24	12	for	for	ADP
issue-346	24	13	the	the	DET
issue-346	24	14	estimation	estimation	NOUN
issue-346	24	15	of	of	ADP
issue-346	24	16	the	the	DET
issue-346	24	17	investment	investment	NOUN
issue-346	24	18	attractiveness	attractiveness	NOUN
issue-346	24	19	of	of	ADP
issue-346	24	20	securities	security	NOUN
issue-346	24	21	of	of	ADP
issue-346	24	22	the	the	DET
issue-346	24	23	stock	stock	NOUN
issue-346	24	24	market	market	NOUN
issue-346	24	25	emitters	emitter	NOUN
issue-346	24	26	in	in	ADP
issue-346	24	27	the	the	DET
issue-346	24	28	various	various	ADJ
issue-346	24	29	investment	investment	NOUN
issue-346	24	30	horizon	horizon	NOUN
issue-346	24	31	periods	period	VERB
issue-346	24	32	that	that	SCONJ
issue-346	24	33	,	,	PUNCT
issue-346	24	34	in	in	ADP
issue-346	24	35	its	its	PRON
issue-346	24	36	turn	turn	NOUN
issue-346	24	37	,	,	PUNCT
issue-346	24	38	will	will	AUX
issue-346	24	39	increase	increase	VERB
issue-346	24	40	the	the	DET
issue-346	24	41	safety	safety	NOUN
issue-346	24	42	of	of	ADP
issue-346	24	43	such	such	ADJ
issue-346	24	44	investment	investment	NOUN
issue-346	24	45	.	.	PUNCT
issue-346	25	1	conclusions	conclusion	NOUN
issue-346	25	2	.	.	PUNCT
issue-346	26	1	the	the	DET
issue-346	26	2	conclusion	conclusion	NOUN
issue-346	26	3	was	be	AUX
issue-346	26	4	made	make	VERB
issue-346	26	5	as	as	ADP
issue-346	26	6	to	to	ADP
issue-346	26	7	the	the	DET
issue-346	26	8	correctness	correctness	NOUN
issue-346	26	9	of	of	ADP
issue-346	26	10	the	the	DET
issue-346	26	11	capm	capm	NOUN
issue-346	26	12	-	-	PUNCT
issue-346	26	13	model	model	NOUN
issue-346	26	14	application	application	NOUN
issue-346	26	15	in	in	ADP
issue-346	26	16	the	the	DET
issue-346	26	17	ukrainian	ukrainian	ADJ
issue-346	26	18	reality	reality	NOUN
issue-346	26	19	,	,	PUNCT
issue-346	26	20	according	accord	VERB
issue-346	26	21	to	to	ADP
issue-346	26	22	which	which	PRON
issue-346	26	23	it	it	PRON
issue-346	26	24	is	be	AUX
issue-346	26	25	almost	almost	ADV
issue-346	26	26	impossible	impossible	ADJ
issue-346	26	27	to	to	PART
issue-346	26	28	define	define	VERB
issue-346	26	29	the	the	DET
issue-346	26	30	exact	exact	ADJ
issue-346	26	31	regularity	regularity	NOUN
issue-346	26	32	of	of	ADP
issue-346	26	33	the	the	DET
issue-346	26	34	behaviour	behaviour	NOUN
issue-346	26	35	of	of	ADP
issue-346	26	36	indexes	index	NOUN
issue-346	26	37	of	of	ADP
issue-346	26	38	the	the	DET
issue-346	26	39	expected	expect	VERB
issue-346	26	40	and	and	CCONJ
issue-346	26	41	real	real	ADJ
issue-346	26	42	profitability	profitability	NOUN
issue-346	26	43	depending	depend	VERB
issue-346	26	44	on	on	ADP
issue-346	26	45	the	the	DET
issue-346	26	46	investment	investment	NOUN
issue-346	26	47	horizon	horizon	NOUN
issue-346	26	48	period	period	NOUN
issue-346	26	49	.	.	PUNCT
issue-346	27	1	it	it	PRON
issue-346	27	2	casts	cast	VERB
issue-346	27	3	doubt	doubt	NOUN
issue-346	27	4	on	on	ADP
issue-346	27	5	the	the	DET
issue-346	27	6	possibility	possibility	NOUN
issue-346	27	7	of	of	ADP
issue-346	27	8	the	the	DET
issue-346	27	9	appropriate	appropriate	ADJ
issue-346	27	10	and	and	CCONJ
issue-346	27	11	correct	correct	ADJ
issue-346	27	12	application	application	NOUN
issue-346	27	13	of	of	ADP
issue-346	27	14	the	the	DET
issue-346	27	15	capmmodel	capmmodel	NOUN
issue-346	27	16	in	in	ADP
issue-346	27	17	the	the	DET
issue-346	27	18	ukrainian	ukrainian	ADJ
issue-346	27	19	stock	stock	NOUN
issue-346	27	20	market	market	NOUN
issue-346	27	21	.	.	PUNCT
issue-346	28	1	this	this	DET
issue-346	28	2	conclusion	conclusion	NOUN
issue-346	28	3	,	,	PUNCT
issue-346	28	4	in	in	ADP
issue-346	28	5	general	general	ADJ
issue-346	28	6	,	,	PUNCT
issue-346	28	7	coincides	coincide	VERB
issue-346	28	8	with	with	ADP
issue-346	28	9	the	the	DET
issue-346	28	10	conclusions	conclusion	NOUN
issue-346	28	11	of	of	ADP
issue-346	28	12	many	many	ADJ
issue-346	28	13	scientists	scientist	NOUN
issue-346	28	14	,	,	PUNCT
issue-346	28	15	who	who	PRON
issue-346	28	16	conducted	conduct	VERB
issue-346	28	17	similar	similar	ADJ
issue-346	28	18	researches	research	NOUN
issue-346	28	19	in	in	ADP
issue-346	28	20	the	the	DET
issue-346	28	21	stock	stock	NOUN
issue-346	28	22	markets	market	NOUN
issue-346	28	23	of	of	ADP
issue-346	28	24	other	other	ADJ
issue-346	28	25	developing	develop	VERB
issue-346	28	26	countries	country	NOUN
issue-346	28	27	.	.	PUNCT
issue-346	29	1	key	key	ADJ
issue-346	29	2	words	word	NOUN
issue-346	29	3	:	:	PUNCT
issue-346	29	4	stock	stock	NOUN
issue-346	29	5	market	market	NOUN
issue-346	29	6	,	,	PUNCT
issue-346	29	7	profitability	profitability	NOUN
issue-346	29	8	,	,	PUNCT
issue-346	29	9	beta	beta	NOUN
issue-346	29	10	-	-	PUNCT
issue-346	29	11	coefficient	coefficient	NOUN
issue-346	29	12	,	,	PUNCT
issue-346	29	13	stock	stock	NOUN
issue-346	29	14	index	index	NOUN
issue-346	29	15	,	,	PUNCT
issue-346	29	16	investment	investment	NOUN
issue-346	29	17	horizon	horizon	NOUN
issue-346	29	18	.	.	PUNCT
issue-346	30	1	jel	jel	PROPN
issue-346	30	2	classification	classification	PROPN
issue-346	30	3	:	:	PUNCT
issue-346	30	4	g10	g10	PROPN
issue-346	30	5	,	,	PUNCT
issue-346	30	6	g14	g14	PROPN
issue-346	30	7	1	1	NUM
issue-346	30	8	.	.	PUNCT
issue-346	31	1	introduction	introduction	NOUN
issue-346	31	2	one	one	NUM
issue-346	31	3	of	of	ADP
issue-346	31	4	the	the	DET
issue-346	31	5	widely	widely	ADV
issue-346	31	6	-	-	PUNCT
issue-346	31	7	discussed	discuss	VERB
issue-346	31	8	topics	topic	NOUN
issue-346	31	9	of	of	ADP
issue-346	31	10	the	the	DET
issue-346	31	11	stock	stock	NOUN
issue-346	31	12	market	market	NOUN
issue-346	31	13	is	be	AUX
issue-346	31	14	the	the	DET
issue-346	31	15	issue	issue	NOUN
issue-346	31	16	of	of	ADP
issue-346	31	17	the	the	DET
issue-346	31	18	manifold	manifold	ADJ
issue-346	31	19	definition	definition	NOUN
issue-346	31	20	of	of	ADP
issue-346	31	21	the	the	DET
issue-346	31	22	relation	relation	NOUN
issue-346	31	23	of	of	ADP
issue-346	31	24	profitability	profitability	NOUN
issue-346	31	25	to	to	ADP
issue-346	31	26	risks	risk	NOUN
issue-346	31	27	,	,	PUNCT
issue-346	31	28	that	that	PRON
issue-346	31	29	is	be	AUX
issue-346	31	30	common	common	ADJ
issue-346	31	31	for	for	ADP
issue-346	31	32	different	different	ADJ
issue-346	31	33	financial	financial	ADJ
issue-346	31	34	investment	investment	NOUN
issue-346	31	35	tools	tool	NOUN
issue-346	31	36	.	.	PUNCT
issue-346	32	1	investigation	investigation	NOUN
issue-346	32	2	of	of	ADP
issue-346	32	3	this	this	DET
issue-346	32	4	point	point	NOUN
issue-346	32	5	started	start	VERB
issue-346	32	6	in	in	ADP
issue-346	32	7	the	the	DET
issue-346	32	8	1950s	1950	NOUN
issue-346	32	9	(	(	PUNCT
issue-346	32	10	markowitz	markowitz	PROPN
issue-346	32	11	,	,	PUNCT
issue-346	32	12	1952	1952	NUM
issue-346	32	13	;	;	PUNCT
issue-346	32	14	sharpe	sharpe	PROPN
issue-346	32	15	,	,	PUNCT
issue-346	32	16	1964	1964	NUM
issue-346	32	17	)	)	PUNCT
issue-346	32	18	and	and	CCONJ
issue-346	32	19	was	be	AUX
issue-346	32	20	developed	develop	VERB
issue-346	32	21	later	later	ADV
issue-346	32	22	by	by	ADP
issue-346	32	23	such	such	ADJ
issue-346	32	24	wellknown	wellknown	ADJ
issue-346	32	25	scientists	scientist	NOUN
issue-346	32	26	and	and	CCONJ
issue-346	32	27	experts	expert	NOUN
issue-346	32	28	(	(	PUNCT
issue-346	32	29	treynor	treynor	NOUN
issue-346	32	30	,	,	PUNCT
issue-346	32	31	1962	1962	NUM
issue-346	32	32	;	;	PUNCT
issue-346	32	33	lintner	lintner	NOUN
issue-346	32	34	,	,	PUNCT
issue-346	32	35	1965	1965	NUM
issue-346	32	36	;	;	PUNCT
issue-346	32	37	mossin	mossin	NOUN
issue-346	32	38	,	,	PUNCT
issue-346	32	39	1966	1966	NUM
issue-346	32	40	;	;	PUNCT
issue-346	32	41	black	black	NOUN
issue-346	32	42	,	,	PUNCT
issue-346	32	43	jensen	jensen	PROPN
issue-346	32	44	,	,	PUNCT
issue-346	32	45	scholes	schole	NOUN
issue-346	32	46	,	,	PUNCT
issue-346	32	47	1972	1972	NUM
issue-346	32	48	)	)	PUNCT
issue-346	32	49	and	and	CCONJ
issue-346	32	50	others	other	NOUN
issue-346	32	51	and	and	CCONJ
issue-346	32	52	,	,	PUNCT
issue-346	32	53	as	as	ADP
issue-346	32	54	the	the	DET
issue-346	32	55	result	result	NOUN
issue-346	32	56	of	of	ADP
issue-346	32	57	their	their	PRON
issue-346	32	58	scientific	scientific	ADJ
issue-346	32	59	researches	research	NOUN
issue-346	32	60	,	,	PUNCT
issue-346	32	61	the	the	DET
issue-346	32	62	contemporary	contemporary	ADJ
issue-346	32	63	model	model	NOUN
issue-346	32	64	of	of	ADP
issue-346	32	65	the	the	DET
issue-346	32	66	capital	capital	NOUN
issue-346	32	67	assets	asset	NOUN
issue-346	32	68	estimation	estimation	NOUN
issue-346	32	69	(	(	PUNCT
issue-346	32	70	capm	capm	PROPN
issue-346	32	71	)	)	PUNCT
issue-346	32	72	was	be	AUX
issue-346	32	73	formed	form	VERB
issue-346	32	74	.	.	PUNCT
issue-346	33	1	later	later	ADV
issue-346	33	2	,	,	PUNCT
issue-346	33	3	this	this	DET
issue-346	33	4	model	model	NOUN
issue-346	33	5	was	be	AUX
issue-346	33	6	corrected	correct	VERB
issue-346	33	7	baltic	baltic	ADJ
issue-346	33	8	journal	journal	NOUN
issue-346	33	9	of	of	ADP
issue-346	33	10	economic	economic	ADJ
issue-346	33	11	studies	study	NOUN
issue-346	33	12	164	164	NUM
issue-346	33	13	vol	vol	NOUN
issue-346	33	14	.	.	PUNCT
issue-346	34	1	4	4	NUM
issue-346	34	2	,	,	PUNCT
issue-346	34	3	no	no	INTJ
issue-346	34	4	.	.	NOUN
issue-346	34	5	1	1	NUM
issue-346	34	6	,	,	PUNCT
issue-346	34	7	2018	2018	NUM
issue-346	34	8	and	and	CCONJ
issue-346	34	9	modified	modify	VERB
issue-346	34	10	considering	consider	VERB
issue-346	34	11	different	different	ADJ
issue-346	34	12	conditions	condition	NOUN
issue-346	34	13	of	of	ADP
issue-346	34	14	the	the	DET
issue-346	34	15	stock	stock	NOUN
issue-346	34	16	markets	market	NOUN
issue-346	34	17	.	.	PUNCT
issue-346	35	1	despite	despite	SCONJ
issue-346	35	2	the	the	DET
issue-346	35	3	huge	huge	ADJ
issue-346	35	4	quantity	quantity	NOUN
issue-346	35	5	of	of	ADP
issue-346	35	6	the	the	DET
issue-346	35	7	research	research	NOUN
issue-346	35	8	papers	paper	NOUN
issue-346	35	9	in	in	ADP
issue-346	35	10	this	this	DET
issue-346	35	11	sphere	sphere	NOUN
issue-346	35	12	,	,	PUNCT
issue-346	35	13	there	there	PRON
issue-346	35	14	appears	appear	VERB
issue-346	35	15	the	the	DET
issue-346	35	16	necessity	necessity	NOUN
issue-346	35	17	to	to	PART
issue-346	35	18	check	check	VERB
issue-346	35	19	the	the	DET
issue-346	35	20	possibility	possibility	NOUN
issue-346	35	21	of	of	ADP
issue-346	35	22	the	the	DET
issue-346	35	23	application	application	NOUN
issue-346	35	24	of	of	ADP
issue-346	35	25	the	the	DET
issue-346	35	26	capm	capm	NOUN
issue-346	35	27	-	-	PUNCT
issue-346	35	28	model	model	NOUN
issue-346	35	29	in	in	ADP
issue-346	35	30	the	the	DET
issue-346	35	31	ukrainian	ukrainian	ADJ
issue-346	35	32	stock	stock	NOUN
issue-346	35	33	market	market	NOUN
issue-346	35	34	,	,	PUNCT
issue-346	35	35	which	which	PRON
issue-346	35	36	is	be	AUX
issue-346	35	37	much	much	ADV
issue-346	35	38	more	more	ADV
issue-346	35	39	fluctuating	fluctuating	ADJ
issue-346	35	40	and	and	CCONJ
issue-346	35	41	unstable	unstable	ADJ
issue-346	35	42	then	then	ADV
issue-346	35	43	contemporary	contemporary	ADJ
issue-346	35	44	european	european	ADJ
issue-346	35	45	markets	market	NOUN
issue-346	35	46	,	,	PUNCT
issue-346	35	47	according	accord	VERB
issue-346	35	48	to	to	ADP
issue-346	35	49	the	the	DET
issue-346	35	50	studies	study	NOUN
issue-346	35	51	(	(	PUNCT
issue-346	35	52	zakharkin	zakharkin	NOUN
issue-346	35	53	,	,	PUNCT
issue-346	35	54	zakharkina	zakharkina	NOUN
issue-346	35	55	,	,	PUNCT
issue-346	35	56	antoniuk	antoniuk	NOUN
issue-346	35	57	,	,	PUNCT
issue-346	35	58	2017	2017	NUM
issue-346	35	59	)	)	PUNCT
issue-346	35	60	.	.	PUNCT
issue-346	36	1	especial	especial	ADJ
issue-346	36	2	interest	interest	NOUN
issue-346	36	3	in	in	ADP
issue-346	36	4	such	such	ADJ
issue-346	36	5	studies	study	NOUN
issue-346	36	6	is	be	AUX
issue-346	36	7	paid	pay	VERB
issue-346	36	8	to	to	ADP
issue-346	36	9	the	the	DET
issue-346	36	10	problem	problem	NOUN
issue-346	36	11	of	of	ADP
issue-346	36	12	considering	consider	VERB
issue-346	36	13	investment	investment	NOUN
issue-346	36	14	horizon	horizon	NOUN
issue-346	36	15	period	period	NOUN
issue-346	36	16	,	,	PUNCT
issue-346	36	17	as	as	ADP
issue-346	36	18	in	in	ADP
issue-346	36	19	the	the	DET
issue-346	36	20	majority	majority	NOUN
issue-346	36	21	of	of	ADP
issue-346	36	22	the	the	DET
issue-346	36	23	research	research	NOUN
issue-346	36	24	works	work	VERB
issue-346	36	25	the	the	DET
issue-346	36	26	profitability	profitability	NOUN
issue-346	36	27	of	of	ADP
issue-346	36	28	the	the	DET
issue-346	36	29	market	market	NOUN
issue-346	36	30	tools	tool	NOUN
issue-346	36	31	is	be	AUX
issue-346	36	32	measured	measure	VERB
issue-346	36	33	annually	annually	ADV
issue-346	36	34	,	,	PUNCT
issue-346	36	35	though	though	SCONJ
issue-346	36	36	at	at	ADP
issue-346	36	37	the	the	DET
issue-346	36	38	same	same	ADJ
issue-346	36	39	time	time	NOUN
issue-346	36	40	very	very	ADV
issue-346	36	41	often	often	ADV
issue-346	36	42	financial	financial	ADJ
issue-346	36	43	investors	investor	NOUN
issue-346	36	44	work	work	VERB
issue-346	36	45	within	within	ADP
issue-346	36	46	much	much	ADV
issue-346	36	47	shorter	short	ADJ
issue-346	36	48	investment	investment	NOUN
issue-346	36	49	periods	period	NOUN
issue-346	36	50	.	.	PUNCT
issue-346	37	1	the	the	DET
issue-346	37	2	reasons	reason	NOUN
issue-346	37	3	for	for	ADP
issue-346	37	4	this	this	PRON
issue-346	37	5	are	be	AUX
issue-346	37	6	fast	fast	ADJ
issue-346	37	7	movement	movement	NOUN
issue-346	37	8	and	and	CCONJ
issue-346	37	9	fluctuating	fluctuating	NOUN
issue-346	37	10	of	of	ADP
issue-346	37	11	the	the	DET
issue-346	37	12	contemporary	contemporary	ADJ
issue-346	37	13	stock	stock	NOUN
issue-346	37	14	markets	market	NOUN
issue-346	37	15	that	that	PRON
issue-346	37	16	make	make	VERB
issue-346	37	17	investors	investor	NOUN
issue-346	37	18	re	re	VERB
issue-346	37	19	-	-	NOUN
issue-346	37	20	structure	structure	ADJ
issue-346	37	21	investment	investment	NOUN
issue-346	37	22	portfolio	portfolio	NOUN
issue-346	37	23	.	.	PUNCT
issue-346	38	1	thus	thus	ADV
issue-346	38	2	,	,	PUNCT
issue-346	38	3	the	the	DET
issue-346	38	4	research	research	NOUN
issue-346	38	5	works	work	VERB
issue-346	38	6	in	in	ADP
issue-346	38	7	this	this	DET
issue-346	38	8	field	field	NOUN
issue-346	38	9	are	be	AUX
issue-346	38	10	very	very	ADV
issue-346	38	11	relative	relative	ADJ
issue-346	38	12	.	.	PUNCT
issue-346	39	1	they	they	PRON
issue-346	39	2	go	go	VERB
issue-346	39	3	in	in	ADP
issue-346	39	4	line	line	NOUN
issue-346	39	5	with	with	ADP
issue-346	39	6	“	"	PUNCT
issue-346	39	7	complex	complex	ADJ
issue-346	39	8	program	program	NOUN
issue-346	39	9	of	of	ADP
issue-346	39	10	development	development	NOUN
issue-346	39	11	of	of	ADP
issue-346	39	12	ukrainian	ukrainian	ADJ
issue-346	39	13	financial	financial	ADJ
issue-346	39	14	sector	sector	NOUN
issue-346	39	15	till	till	SCONJ
issue-346	39	16	2020	2020	NUM
issue-346	39	17	”	"	PUNCT
issue-346	39	18	,	,	PUNCT
issue-346	39	19	the	the	DET
issue-346	39	20	main	main	ADJ
issue-346	39	21	purpose	purpose	NOUN
issue-346	39	22	of	of	ADP
issue-346	39	23	which	which	PRON
issue-346	39	24	is	be	AUX
issue-346	39	25	the	the	DET
issue-346	39	26	creation	creation	NOUN
issue-346	39	27	of	of	ADP
issue-346	39	28	the	the	DET
issue-346	39	29	financial	financial	ADJ
issue-346	39	30	system	system	NOUN
issue-346	39	31	that	that	PRON
issue-346	39	32	is	be	AUX
issue-346	39	33	able	able	ADJ
issue-346	39	34	to	to	PART
issue-346	39	35	provide	provide	VERB
issue-346	39	36	stable	stable	ADJ
issue-346	39	37	economic	economic	ADJ
issue-346	39	38	development	development	NOUN
issue-346	39	39	by	by	ADP
issue-346	39	40	means	mean	NOUN
issue-346	39	41	of	of	ADP
issue-346	39	42	effective	effective	ADJ
issue-346	39	43	re	re	NOUN
issue-346	39	44	-	-	NOUN
issue-346	39	45	distribution	distribution	NOUN
issue-346	39	46	of	of	ADP
issue-346	39	47	the	the	DET
issue-346	39	48	financial	financial	ADJ
issue-346	39	49	resources	resource	NOUN
issue-346	39	50	in	in	ADP
issue-346	39	51	the	the	DET
issue-346	39	52	economics	economic	NOUN
issue-346	39	53	based	base	VERB
issue-346	39	54	on	on	ADP
issue-346	39	55	the	the	DET
issue-346	39	56	development	development	NOUN
issue-346	39	57	of	of	ADP
issue-346	39	58	the	the	DET
issue-346	39	59	appropriate	appropriate	ADJ
issue-346	39	60	market	market	NOUN
issue-346	39	61	competitive	competitive	ADJ
issue-346	39	62	environment	environment	NOUN
issue-346	39	63	according	accord	VERB
issue-346	39	64	to	to	ADP
issue-346	39	65	the	the	DET
issue-346	39	66	eu	eu	PROPN
issue-346	39	67	standards	standard	NOUN
issue-346	39	68	.	.	PUNCT
issue-346	40	1	the	the	DET
issue-346	40	2	aim	aim	NOUN
issue-346	40	3	of	of	ADP
issue-346	40	4	the	the	DET
issue-346	40	5	study	study	NOUN
issue-346	40	6	is	be	AUX
issue-346	40	7	a	a	DET
issue-346	40	8	study	study	NOUN
issue-346	40	9	of	of	ADP
issue-346	40	10	the	the	DET
issue-346	40	11	correctness	correctness	NOUN
issue-346	40	12	of	of	ADP
issue-346	40	13	the	the	DET
issue-346	40	14	capm	capm	NOUN
issue-346	40	15	-	-	PUNCT
issue-346	40	16	model	model	NOUN
issue-346	40	17	application	application	NOUN
issue-346	40	18	in	in	ADP
issue-346	40	19	the	the	DET
issue-346	40	20	ukrainian	ukrainian	ADJ
issue-346	40	21	stock	stock	NOUN
issue-346	40	22	market	market	NOUN
issue-346	40	23	and	and	CCONJ
issue-346	40	24	influence	influence	NOUN
issue-346	40	25	of	of	ADP
issue-346	40	26	the	the	DET
issue-346	40	27	time	time	NOUN
issue-346	40	28	factors	factor	NOUN
issue-346	40	29	on	on	ADP
issue-346	40	30	the	the	DET
issue-346	40	31	results	result	NOUN
issue-346	40	32	of	of	ADP
issue-346	40	33	this	this	DET
issue-346	40	34	model	model	NOUN
issue-346	40	35	application	application	NOUN
issue-346	40	36	.	.	PUNCT
issue-346	41	1	the	the	DET
issue-346	41	2	subject	subject	NOUN
issue-346	41	3	of	of	ADP
issue-346	41	4	the	the	DET
issue-346	41	5	study	study	NOUN
issue-346	41	6	is	be	AUX
issue-346	41	7	theoretical	theoretical	ADJ
issue-346	41	8	,	,	PUNCT
issue-346	41	9	methodical	methodical	ADJ
issue-346	41	10	,	,	PUNCT
issue-346	41	11	and	and	CCONJ
issue-346	41	12	practical	practical	ADJ
issue-346	41	13	aspects	aspect	NOUN
issue-346	41	14	of	of	ADP
issue-346	41	15	the	the	DET
issue-346	41	16	capm	capm	NOUN
issue-346	41	17	-	-	PUNCT
issue-346	41	18	model	model	NOUN
issue-346	41	19	application	application	NOUN
issue-346	41	20	in	in	ADP
issue-346	41	21	the	the	DET
issue-346	41	22	ukrainian	ukrainian	ADJ
issue-346	41	23	stock	stock	NOUN
issue-346	41	24	market	market	NOUN
issue-346	41	25	based	base	VERB
issue-346	41	26	on	on	ADP
issue-346	41	27	the	the	DET
issue-346	41	28	estimation	estimation	NOUN
issue-346	41	29	of	of	ADP
issue-346	41	30	the	the	DET
issue-346	41	31	profitability	profitability	NOUN
issue-346	41	32	indexes	index	NOUN
issue-346	41	33	of	of	ADP
issue-346	41	34	the	the	DET
issue-346	41	35	securities	security	NOUN
issue-346	41	36	,	,	PUNCT
issue-346	41	37	which	which	PRON
issue-346	41	38	,	,	PUNCT
issue-346	41	39	in	in	ADP
issue-346	41	40	its	its	PRON
issue-346	41	41	turn	turn	NOUN
issue-346	41	42	,	,	PUNCT
issue-346	41	43	is	be	AUX
issue-346	41	44	an	an	DET
issue-346	41	45	indicator	indicator	NOUN
issue-346	41	46	of	of	ADP
issue-346	41	47	the	the	DET
issue-346	41	48	decision	decision	NOUN
issue-346	41	49	-	-	PUNCT
issue-346	41	50	making	making	NOUN
issue-346	41	51	for	for	ADP
issue-346	41	52	the	the	DET
issue-346	41	53	financial	financial	ADJ
issue-346	41	54	investors	investor	NOUN
issue-346	41	55	.	.	PUNCT
issue-346	42	1	2	2	X
issue-346	42	2	.	.	X
issue-346	42	3	analysis	analysis	NOUN
issue-346	42	4	of	of	ADP
issue-346	42	5	the	the	DET
issue-346	42	6	global	global	ADJ
issue-346	42	7	approaches	approach	NOUN
issue-346	42	8	to	to	ADP
issue-346	42	9	the	the	DET
issue-346	42	10	capm	capm	NOUN
issue-346	42	11	-	-	PUNCT
issue-346	42	12	model	model	NOUN
issue-346	42	13	application	application	NOUN
issue-346	42	14	active	active	ADJ
issue-346	42	15	investigations	investigation	NOUN
issue-346	42	16	as	as	ADP
issue-346	42	17	to	to	ADP
issue-346	42	18	the	the	DET
issue-346	42	19	possibilities	possibility	NOUN
issue-346	42	20	of	of	ADP
issue-346	42	21	application	application	NOUN
issue-346	42	22	of	of	ADP
issue-346	42	23	capm	capm	PROPN
issue-346	42	24	-	-	PUNCT
issue-346	42	25	model	model	NOUN
issue-346	42	26	and	and	CCONJ
issue-346	42	27	its	its	PRON
issue-346	42	28	modifications	modification	NOUN
issue-346	42	29	go	go	VERB
issue-346	42	30	back	back	ADV
issue-346	42	31	to	to	ADP
issue-346	42	32	the	the	DET
issue-346	42	33	1970s	1970	NOUN
issue-346	42	34	,	,	PUNCT
issue-346	42	35	among	among	ADP
issue-346	42	36	which	which	PRON
issue-346	42	37	one	one	PRON
issue-346	42	38	can	can	AUX
issue-346	42	39	distinguish	distinguish	VERB
issue-346	42	40	classical	classical	ADJ
issue-346	42	41	works	work	NOUN
issue-346	42	42	(	(	PUNCT
issue-346	42	43	black	black	PROPN
issue-346	42	44	,	,	PUNCT
issue-346	42	45	jensen	jensen	PROPN
issue-346	42	46	,	,	PUNCT
issue-346	42	47	scholes	schole	NOUN
issue-346	42	48	,	,	PUNCT
issue-346	42	49	1972	1972	NUM
issue-346	42	50	;	;	PUNCT
issue-346	42	51	fama	fama	PROPN
issue-346	42	52	,	,	PUNCT
issue-346	42	53	french	french	NOUN
issue-346	42	54	,	,	PUNCT
issue-346	42	55	1992	1992	NUM
issue-346	42	56	)	)	PUNCT
issue-346	42	57	,	,	PUNCT
issue-346	42	58	which	which	PRON
issue-346	42	59	the	the	DET
issue-346	42	60	background	background	NOUN
issue-346	42	61	and	and	CCONJ
issue-346	42	62	the	the	DET
issue-346	42	63	main	main	ADJ
issue-346	42	64	issues	issue	NOUN
issue-346	42	65	of	of	ADP
issue-346	42	66	this	this	DET
issue-346	42	67	model	model	NOUN
issue-346	42	68	were	be	AUX
issue-346	42	69	settled	settle	VERB
issue-346	42	70	.	.	PUNCT
issue-346	43	1	the	the	DET
issue-346	43	2	further	further	ADJ
issue-346	43	3	scientific	scientific	ADJ
issue-346	43	4	works	work	NOUN
issue-346	43	5	of	of	ADP
issue-346	43	6	this	this	DET
issue-346	43	7	sphere	sphere	NOUN
issue-346	43	8	were	be	AUX
issue-346	43	9	devoted	devote	VERB
issue-346	43	10	to	to	ADP
issue-346	43	11	the	the	DET
issue-346	43	12	critical	critical	ADJ
issue-346	43	13	analysis	analysis	NOUN
issue-346	43	14	of	of	ADP
issue-346	43	15	the	the	DET
issue-346	43	16	model	model	NOUN
issue-346	43	17	and	and	CCONJ
issue-346	43	18	ways	way	NOUN
issue-346	43	19	of	of	ADP
issue-346	43	20	its	its	PRON
issue-346	43	21	improvement	improvement	NOUN
issue-346	43	22	.	.	PUNCT
issue-346	44	1	for	for	ADP
issue-346	44	2	example	example	NOUN
issue-346	44	3	,	,	PUNCT
issue-346	44	4	in	in	ADP
issue-346	44	5	the	the	DET
issue-346	44	6	paper	paper	NOUN
issue-346	44	7	(	(	PUNCT
issue-346	44	8	roll	roll	NOUN
issue-346	44	9	,	,	PUNCT
issue-346	44	10	1977	1977	NUM
issue-346	44	11	)	)	PUNCT
issue-346	44	12	,	,	PUNCT
issue-346	44	13	the	the	DET
issue-346	44	14	issues	issue	NOUN
issue-346	44	15	of	of	ADP
issue-346	44	16	market	market	NOUN
issue-346	44	17	portfolio	portfolio	NOUN
issue-346	44	18	and	and	CCONJ
issue-346	44	19	assessment	assessment	NOUN
issue-346	44	20	of	of	ADP
issue-346	44	21	its	its	PRON
issue-346	44	22	profitability	profitability	NOUN
issue-346	44	23	were	be	AUX
issue-346	44	24	examined	examine	VERB
issue-346	44	25	.	.	PUNCT
issue-346	45	1	as	as	ADP
issue-346	45	2	the	the	DET
issue-346	45	3	portfolio	portfolio	NOUN
issue-346	45	4	,	,	PUNCT
issue-346	45	5	the	the	DET
issue-346	45	6	appropriate	appropriate	ADJ
issue-346	45	7	stock	stock	NOUN
issue-346	45	8	indexes	index	NOUN
issue-346	45	9	were	be	AUX
issue-346	45	10	used	use	VERB
issue-346	45	11	.	.	PUNCT
issue-346	46	1	along	along	ADP
issue-346	46	2	with	with	ADP
issue-346	46	3	that	that	PRON
issue-346	46	4	,	,	PUNCT
issue-346	46	5	the	the	DET
issue-346	46	6	choice	choice	NOUN
issue-346	46	7	of	of	ADP
issue-346	46	8	such	such	ADJ
issue-346	46	9	portfolio	portfolio	NOUN
issue-346	46	10	will	will	AUX
issue-346	46	11	influence	influence	VERB
issue-346	46	12	on	on	ADP
issue-346	46	13	the	the	DET
issue-346	46	14	result	result	NOUN
issue-346	46	15	of	of	ADP
issue-346	46	16	the	the	DET
issue-346	46	17	calculation	calculation	NOUN
issue-346	46	18	of	of	ADP
issue-346	46	19	the	the	DET
issue-346	46	20	β	β	NOUN
issue-346	46	21	-	-	NOUN
issue-346	46	22	coefficient	coefficient	NOUN
issue-346	46	23	,	,	PUNCT
issue-346	46	24	and	and	CCONJ
issue-346	46	25	consequently	consequently	ADV
issue-346	46	26	,	,	PUNCT
issue-346	46	27	the	the	DET
issue-346	46	28	total	total	ADJ
issue-346	46	29	result	result	NOUN
issue-346	46	30	of	of	ADP
issue-346	46	31	the	the	DET
issue-346	46	32	application	application	NOUN
issue-346	46	33	of	of	ADP
issue-346	46	34	this	this	DET
issue-346	46	35	model	model	NOUN
issue-346	46	36	.	.	PUNCT
issue-346	47	1	the	the	DET
issue-346	47	2	issues	issue	NOUN
issue-346	47	3	of	of	ADP
issue-346	47	4	the	the	DET
issue-346	47	5	distinguishing	distinguishing	NOUN
issue-346	47	6	of	of	ADP
issue-346	47	7	the	the	DET
issue-346	47	8	β	β	NOUN
issue-346	47	9	-	-	NOUN
issue-346	47	10	coefficient	coefficient	NOUN
issue-346	47	11	,	,	PUNCT
issue-346	47	12	which	which	PRON
issue-346	47	13	is	be	AUX
issue-346	47	14	the	the	DET
issue-346	47	15	key	key	ADJ
issue-346	47	16	characteristic	characteristic	NOUN
issue-346	47	17	of	of	ADP
issue-346	47	18	the	the	DET
issue-346	47	19	capm	capm	NOUN
issue-346	47	20	-	-	PUNCT
issue-346	47	21	model	model	NOUN
issue-346	47	22	and	and	CCONJ
issue-346	47	23	problems	problem	NOUN
issue-346	47	24	of	of	ADP
issue-346	47	25	its	its	PRON
issue-346	47	26	stability	stability	NOUN
issue-346	47	27	,	,	PUNCT
issue-346	47	28	are	be	AUX
issue-346	47	29	examined	examine	VERB
issue-346	47	30	in	in	ADP
issue-346	47	31	the	the	DET
issue-346	47	32	works	work	NOUN
issue-346	47	33	(	(	PUNCT
issue-346	47	34	levy	levy	NOUN
issue-346	47	35	,	,	PUNCT
issue-346	47	36	1971	1971	NUM
issue-346	47	37	,	,	PUNCT
issue-346	47	38	blume	blume	PROPN
issue-346	47	39	,	,	PUNCT
issue-346	47	40	1975	1975	NUM
issue-346	47	41	,	,	PUNCT
issue-346	47	42	scholes	schole	NOUN
issue-346	47	43	,	,	PUNCT
issue-346	47	44	williams	williams	PROPN
issue-346	47	45	1977	1977	NUM
issue-346	47	46	)	)	PUNCT
issue-346	47	47	.	.	PUNCT
issue-346	48	1	researches	research	NOUN
issue-346	48	2	of	of	ADP
issue-346	48	3	these	these	DET
issue-346	48	4	scientists	scientist	NOUN
issue-346	48	5	showed	show	VERB
issue-346	48	6	irregularity	irregularity	NOUN
issue-346	48	7	of	of	ADP
issue-346	48	8	the	the	DET
issue-346	48	9	approach	approach	NOUN
issue-346	48	10	,	,	PUNCT
issue-346	48	11	on	on	ADP
issue-346	48	12	which	which	PRON
issue-346	48	13	the	the	DET
issue-346	48	14	calculation	calculation	NOUN
issue-346	48	15	of	of	ADP
issue-346	48	16	β	β	NOUN
issue-346	48	17	-	-	NOUN
issue-346	48	18	coefficient	coefficient	NOUN
issue-346	48	19	was	be	AUX
issue-346	48	20	based	base	VERB
issue-346	48	21	,	,	PUNCT
issue-346	48	22	for	for	ADP
issue-346	48	23	the	the	DET
issue-346	48	24	prediction	prediction	NOUN
issue-346	48	25	of	of	ADP
issue-346	48	26	future	future	ADJ
issue-346	48	27	profitability	profitability	NOUN
issue-346	48	28	and	and	CCONJ
issue-346	48	29	risks	risk	NOUN
issue-346	48	30	of	of	ADP
issue-346	48	31	the	the	DET
issue-346	48	32	financial	financial	ADJ
issue-346	48	33	actives	active	NOUN
issue-346	48	34	  	  	SPACE
issue-346	48	35	–	–	PUNCT
issue-346	48	36	definite	definite	ADJ
issue-346	48	37	shares	share	NOUN
issue-346	48	38	.	.	PUNCT
issue-346	49	1	along	along	ADP
issue-346	49	2	with	with	ADP
issue-346	49	3	that	that	PRON
issue-346	49	4	,	,	PUNCT
issue-346	49	5	for	for	ADP
issue-346	49	6	the	the	DET
issue-346	49	7	investment	investment	NOUN
issue-346	49	8	portfolio	portfolio	NOUN
issue-346	49	9	,	,	PUNCT
issue-346	49	10	the	the	DET
issue-346	49	11	value	value	NOUN
issue-346	49	12	of	of	ADP
issue-346	49	13	the	the	DET
issue-346	49	14	β	β	NOUN
issue-346	49	15	-	-	NOUN
issue-346	49	16	coefficient	coefficient	NOUN
issue-346	49	17	is	be	AUX
issue-346	49	18	quite	quite	ADV
issue-346	49	19	stable	stable	ADJ
issue-346	49	20	and	and	CCONJ
issue-346	49	21	tends	tend	VERB
issue-346	49	22	to	to	ADP
issue-346	49	23	one	one	NUM
issue-346	49	24	with	with	ADP
issue-346	49	25	time	time	NOUN
issue-346	49	26	that	that	PRON
issue-346	49	27	means	mean	VERB
issue-346	49	28	that	that	SCONJ
issue-346	49	29	the	the	DET
issue-346	49	30	risk	risk	NOUN
issue-346	49	31	tends	tend	VERB
issue-346	49	32	to	to	ADP
issue-346	49	33	the	the	DET
issue-346	49	34	mid	mid	ADJ
issue-346	49	35	-	-	ADJ
issue-346	49	36	market	market	NOUN
issue-346	49	37	rate	rate	NOUN
issue-346	49	38	.	.	PUNCT
issue-346	50	1	recently	recently	ADV
issue-346	50	2	,	,	PUNCT
issue-346	50	3	studies	study	NOUN
issue-346	50	4	of	of	ADP
issue-346	50	5	the	the	DET
issue-346	50	6	possibilities	possibility	NOUN
issue-346	50	7	and	and	CCONJ
issue-346	50	8	special	special	ADJ
issue-346	50	9	features	feature	NOUN
issue-346	50	10	of	of	ADP
issue-346	50	11	the	the	DET
issue-346	50	12	capm	capm	NOUN
issue-346	50	13	-	-	PUNCT
issue-346	50	14	model	model	NOUN
issue-346	50	15	application	application	NOUN
issue-346	50	16	in	in	ADP
issue-346	50	17	the	the	DET
issue-346	50	18	developing	develop	VERB
issue-346	50	19	markets	market	NOUN
issue-346	50	20	became	become	VERB
issue-346	50	21	widely	widely	ADV
issue-346	50	22	spread	spread	VERB
issue-346	50	23	.	.	PUNCT
issue-346	51	1	along	along	ADP
issue-346	51	2	with	with	ADP
issue-346	51	3	this	this	PRON
issue-346	51	4	,	,	PUNCT
issue-346	51	5	the	the	DET
issue-346	51	6	majority	majority	NOUN
issue-346	51	7	of	of	ADP
issue-346	51	8	the	the	DET
issue-346	51	9	authors	author	NOUN
issue-346	51	10	emphasize	emphasize	VERB
issue-346	51	11	the	the	DET
issue-346	51	12	incorrectness	incorrectness	NOUN
issue-346	51	13	and	and	CCONJ
issue-346	51	14	unreliability	unreliability	NOUN
issue-346	51	15	of	of	ADP
issue-346	51	16	the	the	DET
issue-346	51	17	results	result	NOUN
issue-346	51	18	as	as	ADP
issue-346	51	19	to	to	ADP
issue-346	51	20	the	the	DET
issue-346	51	21	expected	expect	VERB
issue-346	51	22	profitability	profitability	NOUN
issue-346	51	23	indexes	index	NOUN
issue-346	51	24	in	in	ADP
issue-346	51	25	such	such	ADJ
issue-346	51	26	markets	market	NOUN
issue-346	51	27	.	.	PUNCT
issue-346	52	1	this	this	PRON
issue-346	52	2	is	be	AUX
issue-346	52	3	explained	explain	VERB
issue-346	52	4	by	by	ADP
issue-346	52	5	the	the	DET
issue-346	52	6	difficulties	difficulty	NOUN
issue-346	52	7	of	of	ADP
issue-346	52	8	definition	definition	NOUN
issue-346	52	9	and	and	CCONJ
issue-346	52	10	substantiation	substantiation	NOUN
issue-346	52	11	of	of	ADP
issue-346	52	12	the	the	DET
issue-346	52	13	basic	basic	ADJ
issue-346	52	14	characteristics	characteristic	NOUN
issue-346	52	15	of	of	ADP
issue-346	52	16	the	the	DET
issue-346	52	17	model	model	NOUN
issue-346	52	18	(	(	PUNCT
issue-346	52	19	riskless	riskless	NOUN
issue-346	52	20	profitability	profitability	NOUN
issue-346	52	21	,	,	PUNCT
issue-346	52	22	expected	expect	VERB
issue-346	52	23	market	market	NOUN
issue-346	52	24	profitability	profitability	NOUN
issue-346	52	25	,	,	PUNCT
issue-346	52	26	β	β	NOUN
issue-346	52	27	-	-	NOUN
issue-346	52	28	coefficient	coefficient	NOUN
issue-346	52	29	)	)	PUNCT
issue-346	52	30	because	because	SCONJ
issue-346	52	31	of	of	ADP
issue-346	52	32	the	the	DET
issue-346	52	33	underdevelopment	underdevelopment	NOUN
issue-346	52	34	of	of	ADP
issue-346	52	35	appropriate	appropriate	ADJ
issue-346	52	36	stock	stock	NOUN
issue-346	52	37	markets	market	NOUN
issue-346	52	38	,	,	PUNCT
issue-346	52	39	absence	absence	NOUN
issue-346	52	40	of	of	ADP
issue-346	52	41	their	their	PRON
issue-346	52	42	informational	informational	ADJ
issue-346	52	43	effect	effect	NOUN
issue-346	52	44	,	,	PUNCT
issue-346	52	45	specific	specific	ADJ
issue-346	52	46	set	set	NOUN
issue-346	52	47	of	of	ADP
issue-346	52	48	risks	risk	NOUN
issue-346	52	49	,	,	PUNCT
issue-346	52	50	that	that	PRON
issue-346	52	51	is	be	AUX
issue-346	52	52	characteristic	characteristic	ADJ
issue-346	52	53	to	to	ADP
issue-346	52	54	the	the	DET
issue-346	52	55	developing	develop	VERB
issue-346	52	56	economies	economy	NOUN
issue-346	52	57	.	.	PUNCT
issue-346	53	1	very	very	ADV
issue-346	53	2	important	important	ADJ
issue-346	53	3	factor	factor	NOUN
issue-346	53	4	,	,	PUNCT
issue-346	53	5	which	which	PRON
issue-346	53	6	influences	influence	VERB
issue-346	53	7	the	the	DET
issue-346	53	8	results	result	NOUN
issue-346	53	9	of	of	ADP
issue-346	53	10	the	the	DET
issue-346	53	11	capm	capm	NOUN
issue-346	53	12	-	-	PUNCT
issue-346	53	13	model	model	NOUN
issue-346	53	14	application	application	NOUN
issue-346	53	15	,	,	PUNCT
issue-346	53	16	is	be	AUX
issue-346	53	17	the	the	DET
issue-346	53	18	orientation	orientation	NOUN
issue-346	53	19	on	on	ADP
issue-346	53	20	the	the	DET
issue-346	53	21	investment	investment	NOUN
issue-346	53	22	horizon	horizon	NOUN
issue-346	53	23	periods	period	NOUN
issue-346	53	24	,	,	PUNCT
issue-346	53	25	issues	issue	NOUN
issue-346	53	26	of	of	ADP
issue-346	53	27	consideration	consideration	NOUN
issue-346	53	28	of	of	ADP
issue-346	53	29	which	which	PRON
issue-346	53	30	were	be	AUX
issue-346	53	31	studied	study	VERB
issue-346	53	32	in	in	ADP
issue-346	53	33	works	work	NOUN
issue-346	53	34	(	(	PUNCT
issue-346	53	35	merton	merton	PROPN
issue-346	53	36	,	,	PUNCT
issue-346	53	37	1973	1973	NUM
issue-346	53	38	;	;	PUNCT
issue-346	53	39	harvey	harvey	NOUN
issue-346	53	40	,	,	PUNCT
issue-346	53	41	1989	1989	NUM
issue-346	53	42	;	;	PUNCT
issue-346	53	43	robertson	robertson	PROPN
issue-346	53	44	,	,	PUNCT
issue-346	53	45	wright	wright	PROPN
issue-346	53	46	,	,	PUNCT
issue-346	53	47	1998	1998	NUM
issue-346	53	48	;	;	PUNCT
issue-346	53	49	ibbotson	ibbotson	PROPN
issue-346	53	50	,	,	PUNCT
issue-346	53	51	chen	chen	PROPN
issue-346	53	52	,	,	PUNCT
issue-346	53	53	2002	2002	NUM
issue-346	53	54	;	;	PUNCT
issue-346	53	55	gibson	gibson	PROPN
issue-346	53	56	,	,	PUNCT
issue-346	53	57	2013	2013	NUM
issue-346	53	58	)	)	PUNCT
issue-346	53	59	and	and	CCONJ
issue-346	53	60	by	by	ADP
issue-346	53	61	others	other	NOUN
issue-346	53	62	.	.	PUNCT
issue-346	54	1	the	the	DET
issue-346	54	2	results	result	NOUN
issue-346	54	3	of	of	ADP
issue-346	54	4	the	the	DET
issue-346	54	5	researches	research	NOUN
issue-346	54	6	of	of	ADP
issue-346	54	7	these	these	DET
issue-346	54	8	scientists	scientist	NOUN
issue-346	54	9	,	,	PUNCT
issue-346	54	10	which	which	PRON
issue-346	54	11	were	be	AUX
issue-346	54	12	conducted	conduct	VERB
issue-346	54	13	on	on	ADP
issue-346	54	14	the	the	DET
issue-346	54	15	factual	factual	ADJ
issue-346	54	16	basis	basis	NOUN
issue-346	54	17	of	of	ADP
issue-346	54	18	american	american	ADJ
issue-346	54	19	stock	stock	NOUN
issue-346	54	20	market	market	NOUN
issue-346	54	21	,	,	PUNCT
issue-346	54	22	showed	show	VERB
issue-346	54	23	that	that	SCONJ
issue-346	54	24	in	in	ADP
issue-346	54	25	different	different	ADJ
issue-346	54	26	investment	investment	NOUN
issue-346	54	27	horizon	horizon	NOUN
issue-346	54	28	periods	period	NOUN
issue-346	54	29	,	,	PUNCT
issue-346	54	30	there	there	PRON
issue-346	54	31	exist	exist	VERB
issue-346	54	32	different	different	ADJ
issue-346	54	33	interconnections	interconnection	NOUN
issue-346	54	34	between	between	ADP
issue-346	54	35	profitability	profitability	NOUN
issue-346	54	36	and	and	CCONJ
issue-346	54	37	risks	risk	NOUN
issue-346	54	38	of	of	ADP
issue-346	54	39	financial	financial	ADJ
issue-346	54	40	assets	asset	NOUN
issue-346	54	41	,	,	PUNCT
issue-346	54	42	which	which	PRON
issue-346	54	43	differ	differ	VERB
issue-346	54	44	greatly	greatly	ADV
issue-346	54	45	both	both	CCONJ
issue-346	54	46	within	within	ADP
issue-346	54	47	the	the	DET
issue-346	54	48	type	type	NOUN
issue-346	54	49	of	of	ADP
issue-346	54	50	assets	asset	NOUN
issue-346	54	51	(	(	PUNCT
issue-346	54	52	shares	share	NOUN
issue-346	54	53	,	,	PUNCT
issue-346	54	54	stocks	stock	NOUN
issue-346	54	55	,	,	PUNCT
issue-346	54	56	treasury	treasury	NOUN
issue-346	54	57	bills	bill	NOUN
issue-346	54	58	)	)	PUNCT
issue-346	54	59	and	and	CCONJ
issue-346	54	60	within	within	ADP
issue-346	54	61	duration	duration	NOUN
issue-346	54	62	of	of	ADP
issue-346	54	63	investment	investment	NOUN
issue-346	54	64	horizon	horizon	NOUN
issue-346	54	65	periods	period	NOUN
issue-346	54	66	.	.	PUNCT
issue-346	55	1	similar	similar	ADJ
issue-346	55	2	investigations	investigation	NOUN
issue-346	55	3	were	be	AUX
issue-346	55	4	conducted	conduct	VERB
issue-346	55	5	by	by	ADP
issue-346	55	6	the	the	DET
issue-346	55	7	russian	russian	ADJ
issue-346	55	8	scientists	scientist	NOUN
issue-346	55	9	(	(	PUNCT
issue-346	55	10	berzon	berzon	PROPN
issue-346	55	11	2014	2014	NUM
issue-346	55	12	;	;	PUNCT
issue-346	55	13	abramov	abramov	NOUN
issue-346	55	14	,	,	PUNCT
issue-346	55	15	radygin	radygin	NOUN
issue-346	55	16	,	,	PUNCT
issue-346	55	17	chernova	chernova	X
issue-346	55	18	2015	2015	NUM
issue-346	55	19	,	,	PUNCT
issue-346	55	20	boyarskiy	boyarskiy	NOUN
issue-346	55	21	2016	2016	NUM
issue-346	55	22	)	)	PUNCT
issue-346	55	23	,	,	PUNCT
issue-346	55	24	who	who	PRON
issue-346	55	25	,	,	PUNCT
issue-346	55	26	taking	take	VERB
issue-346	55	27	as	as	ADP
issue-346	55	28	an	an	DET
issue-346	55	29	example	example	NOUN
issue-346	55	30	young	young	ADJ
issue-346	55	31	developing	develop	VERB
issue-346	55	32	russian	russian	ADJ
issue-346	55	33	market	market	NOUN
issue-346	55	34	(	(	PUNCT
issue-346	55	35	which	which	PRON
issue-346	55	36	is	be	AUX
issue-346	55	37	very	very	ADV
issue-346	55	38	much	much	ADV
issue-346	55	39	alike	alike	ADV
issue-346	55	40	with	with	ADP
issue-346	55	41	ukrainian	ukrainian	ADJ
issue-346	55	42	one	one	NUM
issue-346	55	43	)	)	PUNCT
issue-346	55	44	,	,	PUNCT
issue-346	55	45	analysed	analyse	VERB
issue-346	55	46	the	the	DET
issue-346	55	47	time	time	NOUN
issue-346	55	48	factors	factor	NOUN
issue-346	55	49	of	of	ADP
issue-346	55	50	influence	influence	NOUN
issue-346	55	51	on	on	ADP
issue-346	55	52	the	the	DET
issue-346	55	53	profitability	profitability	NOUN
issue-346	55	54	and	and	CCONJ
issue-346	55	55	risk	risk	NOUN
issue-346	55	56	in	in	ADP
issue-346	55	57	the	the	DET
issue-346	55	58	stock	stock	NOUN
issue-346	55	59	market	market	NOUN
issue-346	55	60	and	and	CCONJ
issue-346	55	61	came	come	VERB
issue-346	55	62	to	to	ADP
issue-346	55	63	various	various	ADJ
issue-346	55	64	and	and	CCONJ
issue-346	55	65	sometimes	sometimes	ADV
issue-346	55	66	controversy	controversy	NOUN
issue-346	55	67	conclusions	conclusion	NOUN
issue-346	55	68	,	,	PUNCT
issue-346	55	69	as	as	ADP
issue-346	55	70	to	to	ADP
issue-346	55	71	the	the	DET
issue-346	55	72	investment	investment	NOUN
issue-346	55	73	attractiveness	attractiveness	NOUN
issue-346	55	74	of	of	ADP
issue-346	55	75	different	different	ADJ
issue-346	55	76	financial	financial	ADJ
issue-346	55	77	tools	tool	NOUN
issue-346	55	78	.	.	PUNCT
issue-346	56	1	among	among	ADP
issue-346	56	2	ukrainian	ukrainian	ADJ
issue-346	56	3	scientists	scientist	NOUN
issue-346	56	4	,	,	PUNCT
issue-346	56	5	who	who	PRON
issue-346	56	6	made	make	VERB
issue-346	56	7	a	a	DET
issue-346	56	8	valuable	valuable	ADJ
issue-346	56	9	impact	impact	NOUN
issue-346	56	10	into	into	ADP
issue-346	56	11	the	the	DET
issue-346	56	12	development	development	NOUN
issue-346	56	13	of	of	ADP
issue-346	56	14	methodology	methodology	NOUN
issue-346	56	15	and	and	CCONJ
issue-346	56	16	practice	practice	NOUN
issue-346	56	17	of	of	ADP
issue-346	56	18	decision	decision	NOUN
issue-346	56	19	of	of	ADP
issue-346	56	20	stated	state	VERB
issue-346	56	21	above	above	ADP
issue-346	56	22	problems	problem	NOUN
issue-346	56	23	,	,	PUNCT
issue-346	56	24	one	one	PRON
issue-346	56	25	can	can	AUX
issue-346	56	26	distinguish	distinguish	VERB
issue-346	56	27	works	work	NOUN
issue-346	56	28	(	(	PUNCT
issue-346	56	29	diakonov	diakonov	NOUN
issue-346	56	30	,	,	PUNCT
issue-346	56	31	oleksich	oleksich	ADV
issue-346	56	32	,	,	PUNCT
issue-346	56	33	2010	2010	NUM
issue-346	56	34	;	;	PUNCT
issue-346	56	35	zavorotnii	zavorotnii	NOUN
issue-346	56	36	,	,	PUNCT
issue-346	56	37	2014	2014	NUM
issue-346	56	38	;	;	PUNCT
issue-346	56	39	kukhta	kukhta	NOUN
issue-346	56	40	,	,	PUNCT
issue-346	56	41	2005	2005	NUM
issue-346	56	42	;	;	PUNCT
issue-346	56	43	lukianenko	lukianenko	PROPN
issue-346	56	44	,	,	PUNCT
issue-346	56	45	2007	2007	NUM
issue-346	56	46	)	)	PUNCT
issue-346	56	47	.	.	PUNCT
issue-346	57	1	despite	despite	SCONJ
issue-346	57	2	the	the	DET
issue-346	57	3	presence	presence	NOUN
issue-346	57	4	of	of	ADP
issue-346	57	5	these	these	PRON
issue-346	57	6	and	and	CCONJ
issue-346	57	7	other	other	ADJ
issue-346	57	8	publications	publication	NOUN
issue-346	57	9	,	,	PUNCT
issue-346	57	10	the	the	DET
issue-346	57	11	actual	actual	ADJ
issue-346	57	12	absence	absence	NOUN
issue-346	57	13	of	of	ADP
issue-346	57	14	the	the	DET
issue-346	57	15	studies	study	NOUN
issue-346	57	16	of	of	ADP
issue-346	57	17	the	the	DET
issue-346	57	18	behaviour	behaviour	NOUN
issue-346	57	19	of	of	ADP
issue-346	57	20	capm	capm	NOUN
issue-346	57	21	-	-	PUNCT
issue-346	57	22	model	model	NOUN
issue-346	57	23	components	component	NOUN
issue-346	57	24	in	in	ADP
issue-346	57	25	ukrainian	ukrainian	ADJ
issue-346	57	26	stock	stock	NOUN
issue-346	57	27	market	market	NOUN
issue-346	57	28	substantiates	substantiate	VERB
issue-346	57	29	the	the	DET
issue-346	57	30	relevance	relevance	NOUN
issue-346	57	31	of	of	ADP
issue-346	57	32	this	this	DET
issue-346	57	33	paper	paper	NOUN
issue-346	57	34	.	.	PUNCT
issue-346	58	1	the	the	DET
issue-346	58	2	issue	issue	NOUN
issue-346	58	3	of	of	ADP
issue-346	58	4	the	the	DET
issue-346	58	5	influence	influence	NOUN
issue-346	58	6	of	of	ADP
issue-346	58	7	investment	investment	NOUN
issue-346	58	8	horizon	horizon	NOUN
issue-346	58	9	periods	period	NOUN
issue-346	58	10	on	on	ADP
issue-346	58	11	the	the	DET
issue-346	58	12	capmmodel	capmmodel	NOUN
issue-346	58	13	characteristics	characteristic	NOUN
issue-346	58	14	and	and	CCONJ
issue-346	58	15	,	,	PUNCT
issue-346	58	16	first	first	ADV
issue-346	58	17	of	of	ADP
issue-346	58	18	all	all	PRON
issue-346	58	19	,	,	PUNCT
issue-346	58	20	on	on	ADP
issue-346	58	21	the	the	DET
issue-346	58	22	value	value	NOUN
issue-346	58	23	of	of	ADP
issue-346	58	24	β	β	NOUN
issue-346	58	25	-	-	NOUN
issue-346	58	26	coefficient	coefficient	NOUN
issue-346	58	27	,	,	PUNCT
issue-346	58	28	which	which	PRON
issue-346	58	29	measures	measure	VERB
issue-346	58	30	the	the	DET
issue-346	58	31	securities	security	NOUN
issue-346	58	32	’	'	PUNCT
issue-346	58	33	volatility	volatility	NOUN
issue-346	58	34	relative	relative	ADJ
issue-346	58	35	to	to	ADP
issue-346	58	36	the	the	DET
issue-346	58	37	mid	mid	ADJ
issue-346	58	38	-	-	ADJ
issue-346	58	39	market	market	NOUN
issue-346	58	40	risks	risk	NOUN
issue-346	58	41	.	.	PUNCT
issue-346	59	1	baltic	baltic	PROPN
issue-346	59	2	journal	journal	PROPN
issue-346	59	3	of	of	ADP
issue-346	59	4	economic	economic	ADJ
issue-346	59	5	studies	study	NOUN
issue-346	59	6	165	165	NUM
issue-346	59	7	vol	vol	NOUN
issue-346	59	8	.	.	PROPN
issue-346	60	1	4	4	NUM
issue-346	60	2	,	,	PUNCT
issue-346	60	3	no	no	INTJ
issue-346	60	4	.	.	NOUN
issue-346	60	5	1	1	NUM
issue-346	60	6	,	,	PUNCT
issue-346	60	7	2018	2018	NUM
issue-346	60	8	3	3	NUM
issue-346	60	9	.	.	PUNCT
issue-346	60	10	application	application	NOUN
issue-346	60	11	of	of	ADP
issue-346	60	12	concepts	concept	NOUN
issue-346	60	13	of	of	ADP
issue-346	60	14	the	the	DET
issue-346	60	15	capm	capm	NOUN
issue-346	60	16	-	-	PUNCT
issue-346	60	17	model	model	NOUN
issue-346	60	18	to	to	ADP
issue-346	60	19	the	the	DET
issue-346	60	20	securities	security	NOUN
issue-346	60	21	of	of	ADP
issue-346	60	22	ukrainian	ukrainian	ADJ
issue-346	60	23	emitters	emitter	NOUN
issue-346	60	24	as	as	SCONJ
issue-346	60	25	it	it	PRON
issue-346	60	26	is	be	AUX
issue-346	60	27	known	know	VERB
issue-346	60	28	,	,	PUNCT
issue-346	60	29	capm	capm	NOUN
issue-346	60	30	-	-	PUNCT
issue-346	60	31	model	model	NOUN
issue-346	60	32	characterizes	characterize	VERB
issue-346	60	33	the	the	DET
issue-346	60	34	process	process	NOUN
issue-346	60	35	of	of	ADP
issue-346	60	36	formation	formation	NOUN
issue-346	60	37	of	of	ADP
issue-346	60	38	the	the	DET
issue-346	60	39	market	market	NOUN
issue-346	60	40	price	price	NOUN
issue-346	60	41	on	on	ADP
issue-346	60	42	definite	definite	ADJ
issue-346	60	43	securities	security	NOUN
issue-346	60	44	(	(	PUNCT
issue-346	60	45	other	other	ADJ
issue-346	60	46	objects	object	NOUN
issue-346	60	47	of	of	ADP
issue-346	60	48	real	real	ADJ
issue-346	60	49	and	and	CCONJ
issue-346	60	50	financial	financial	ADJ
issue-346	60	51	investments	investment	NOUN
issue-346	60	52	)	)	PUNCT
issue-346	60	53	in	in	ADP
issue-346	60	54	conditions	condition	NOUN
issue-346	60	55	of	of	ADP
issue-346	60	56	the	the	DET
issue-346	60	57	perfect	perfect	ADJ
issue-346	60	58	capital	capital	NOUN
issue-346	60	59	market	market	NOUN
issue-346	60	60	and	and	CCONJ
issue-346	60	61	considering	consider	VERB
issue-346	60	62	systematic	systematic	ADJ
issue-346	60	63	risks	risk	NOUN
issue-346	60	64	,	,	PUNCT
issue-346	60	65	which	which	PRON
issue-346	60	66	are	be	AUX
issue-346	60	67	not	not	PART
issue-346	60	68	diversified	diversified	ADJ
issue-346	60	69	.	.	PUNCT
issue-346	61	1	according	accord	VERB
issue-346	61	2	to	to	ADP
issue-346	61	3	it	it	PRON
issue-346	61	4	the	the	DET
issue-346	61	5	expected	expected	ADJ
issue-346	61	6	asset	asset	NOUN
issue-346	61	7	profitability	profitability	NOUN
issue-346	61	8	,	,	PUNCT
issue-346	61	9	that	that	ADV
issue-346	61	10	is	is	ADV
issue-346	61	11	assets	asset	NOUN
issue-346	61	12	portfolio	portfolio	NOUN
issue-346	61	13	,	,	PUNCT
issue-346	61	14	is	be	AUX
issue-346	61	15	equal	equal	ADJ
issue-346	61	16	to	to	ADP
issue-346	61	17	the	the	DET
issue-346	61	18	sum	sum	NOUN
issue-346	61	19	of	of	ADP
issue-346	61	20	riskless	riskless	NOUN
issue-346	61	21	interest	interest	NOUN
issue-346	61	22	rate	rate	NOUN
issue-346	61	23	and	and	CCONJ
issue-346	61	24	awards	award	NOUN
issue-346	61	25	for	for	ADP
issue-346	61	26	the	the	DET
issue-346	61	27	investment	investment	NOUN
issue-346	61	28	risks	risk	NOUN
issue-346	61	29	in	in	ADP
issue-346	61	30	the	the	DET
issue-346	61	31	definite	definite	ADJ
issue-346	61	32	asset	asset	NOUN
issue-346	61	33	,	,	PUNCT
issue-346	61	34	which	which	PRON
issue-346	61	35	is	be	AUX
issue-346	61	36	defined	define	VERB
issue-346	61	37	as	as	ADP
issue-346	61	38	the	the	DET
issue-346	61	39	multiplication	multiplication	NOUN
issue-346	61	40	of	of	ADP
issue-346	61	41	the	the	DET
issue-346	61	42	systematic	systematic	ADJ
issue-346	61	43	risk	risk	NOUN
issue-346	61	44	level	level	NOUN
issue-346	61	45	,	,	PUNCT
issue-346	61	46	characteristic	characteristic	ADJ
issue-346	61	47	for	for	ADP
issue-346	61	48	this	this	DET
issue-346	61	49	asset	asset	NOUN
issue-346	61	50	and	and	CCONJ
issue-346	61	51	midmarket	midmarket	PROPN
issue-346	61	52	award	award	PROPN
issue-346	61	53	for	for	ADP
issue-346	61	54	risks	risk	NOUN
issue-346	61	55	(	(	PUNCT
issue-346	61	56	sharpe	sharpe	NOUN
issue-346	61	57	,	,	PUNCT
issue-346	61	58	1964	1964	NUM
issue-346	61	59	;	;	PUNCT
issue-346	61	60	capital	capital	NOUN
issue-346	61	61	asset	asset	NOUN
issue-346	61	62	pricing	pricing	NOUN
issue-346	61	63	model	model	NOUN
issue-346	61	64	):	):	PUNCT
issue-346	61	65	ifmfi	ifmfi	PROPN
issue-346	61	66	rrrr	rrrr	PROPN
issue-346	61	67	β⋅−+=	β⋅−+=	PROPN
issue-346	61	68	)	)	PUNCT
issue-346	62	1	(	(	PUNCT
issue-346	62	2	(	(	PUNCT
issue-346	62	3	1	1	X
issue-346	62	4	)	)	PUNCT
issue-346	62	5	where	where	SCONJ
issue-346	62	6	ri	ri	NOUN
issue-346	62	7	 	 	SPACE
issue-346	62	8	–	–	PUNCT
issue-346	62	9	expected	expect	VERB
issue-346	62	10	profitability	profitability	NOUN
issue-346	62	11	of	of	ADP
issue-346	62	12	i	i	PROPN
issue-346	62	13	-	-	PUNCT
issue-346	62	14	asset	asset	NOUN
issue-346	62	15	;	;	PUNCT
issue-346	62	16	rf	rf	VERB
issue-346	62	17	 	 	SPACE
issue-346	62	18	–	–	PUNCT
issue-346	62	19	profitability	profitability	NOUN
issue-346	62	20	of	of	ADP
issue-346	62	21	the	the	DET
issue-346	62	22	riskless	riskless	NOUN
issue-346	62	23	asset	asset	NOUN
issue-346	62	24	;	;	PUNCT
issue-346	62	25	rm	rm	PROPN
issue-346	62	26	 	 	SPACE
issue-346	62	27	–	–	PUNCT
issue-346	62	28	expected	expect	VERB
issue-346	62	29	market	market	NOUN
issue-346	62	30	profitability	profitability	NOUN
issue-346	62	31	;	;	PUNCT
issue-346	62	32	βi	βi	PRON
issue-346	62	33	  	  	SPACE
issue-346	62	34	–	–	PUNCT
issue-346	62	35	β	β	X
issue-346	62	36	-	-	NOUN
issue-346	62	37	coefficient	coefficient	NOUN
issue-346	62	38	of	of	ADP
issue-346	62	39	і	і	PROPN
issue-346	62	40	-	-	NOUN
issue-346	62	41	asset	asset	NOUN
issue-346	62	42	,	,	PUNCT
issue-346	62	43	which	which	PRON
issue-346	62	44	estimates	estimate	VERB
issue-346	62	45	the	the	DET
issue-346	62	46	rate	rate	NOUN
issue-346	62	47	of	of	ADP
issue-346	62	48	its	its	PRON
issue-346	62	49	profitability	profitability	NOUN
issue-346	62	50	to	to	ADP
issue-346	62	51	the	the	DET
issue-346	62	52	fluctuations	fluctuation	NOUN
issue-346	62	53	of	of	ADP
issue-346	62	54	the	the	DET
issue-346	62	55	market	market	NOUN
issue-346	62	56	profitability	profitability	NOUN
issue-346	62	57	(	(	PUNCT
issue-346	62	58	mertens	merten	NOUN
issue-346	62	59	,	,	PUNCT
issue-346	62	60	1997	1997	NUM
issue-346	62	61	)	)	PUNCT
issue-346	62	62	,	,	PUNCT
issue-346	62	63	or	or	CCONJ
issue-346	62	64	measures	measure	VERB
issue-346	62	65	the	the	DET
issue-346	62	66	systematic	systematic	ADJ
issue-346	62	67	risks	risk	NOUN
issue-346	62	68	(	(	PUNCT
issue-346	62	69	market	market	NOUN
issue-346	62	70	risk	risk	NOUN
issue-346	62	71	)	)	PUNCT
issue-346	62	72	.	.	PUNCT
issue-346	63	1	β	β	X
issue-346	63	2	-	-	PUNCT
issue-346	63	3	coefficient	coefficient	NOUN
issue-346	63	4	can	can	AUX
issue-346	63	5	be	be	AUX
issue-346	63	6	calculated	calculate	VERB
issue-346	63	7	relatively	relatively	ADV
issue-346	63	8	to	to	ADP
issue-346	63	9	the	the	DET
issue-346	63	10	definite	definite	ADJ
issue-346	63	11	shares	share	NOUN
issue-346	63	12	,	,	PUNCT
issue-346	63	13	other	other	ADJ
issue-346	63	14	investment	investment	NOUN
issue-346	63	15	objects	object	NOUN
issue-346	63	16	or	or	CCONJ
issue-346	63	17	investment	investment	NOUN
issue-346	63	18	portfolio	portfolio	NOUN
issue-346	63	19	.	.	PUNCT
issue-346	64	1	to	to	PART
issue-346	64	2	calculate	calculate	VERB
issue-346	64	3	β	β	NOUN
issue-346	64	4	-	-	NOUN
issue-346	64	5	coefficient	coefficient	ADJ
issue-346	64	6	,	,	PUNCT
issue-346	64	7	it	it	PRON
issue-346	64	8	is	be	AUX
issue-346	64	9	necessary	necessary	ADJ
issue-346	64	10	to	to	PART
issue-346	64	11	process	process	VERB
issue-346	64	12	statistical	statistical	ADJ
issue-346	64	13	data	datum	NOUN
issue-346	64	14	,	,	PUNCT
issue-346	64	15	which	which	PRON
issue-346	64	16	characterize	characterize	VERB
issue-346	64	17	variations	variation	NOUN
issue-346	64	18	(	(	PUNCT
issue-346	64	19	fluctuations	fluctuation	NOUN
issue-346	64	20	)	)	PUNCT
issue-346	64	21	of	of	ADP
issue-346	64	22	the	the	DET
issue-346	64	23	efficiency	efficiency	NOUN
issue-346	64	24	of	of	ADP
issue-346	64	25	the	the	DET
issue-346	64	26	chosen	choose	VERB
issue-346	64	27	investment	investment	NOUN
issue-346	64	28	object	object	NOUN
issue-346	64	29	for	for	ADP
issue-346	64	30	several	several	ADJ
issue-346	64	31	previous	previous	ADJ
issue-346	64	32	periods	period	NOUN
issue-346	64	33	,	,	PUNCT
issue-346	64	34	riskless	riskless	NOUN
issue-346	64	35	interest	interest	NOUN
issue-346	64	36	rate	rate	NOUN
issue-346	64	37	,	,	PUNCT
issue-346	64	38	and	and	CCONJ
issue-346	64	39	an	an	DET
issue-346	64	40	average	average	ADJ
issue-346	64	41	profitability	profitability	NOUN
issue-346	64	42	of	of	ADP
issue-346	64	43	the	the	DET
issue-346	64	44	market	market	NOUN
issue-346	64	45	portfolio	portfolio	NOUN
issue-346	64	46	.	.	PUNCT
issue-346	65	1	for	for	ADP
issue-346	65	2	this	this	PRON
issue-346	65	3	,	,	PUNCT
issue-346	65	4	it	it	PRON
issue-346	65	5	is	be	AUX
issue-346	65	6	necessary	necessary	ADJ
issue-346	65	7	to	to	PART
issue-346	65	8	calculate	calculate	VERB
issue-346	65	9	such	such	ADJ
issue-346	65	10	indexes	index	NOUN
issue-346	65	11	:	:	PUNCT
issue-346	65	12	–	–	PUNCT
issue-346	65	13	mean	mean	ADJ
issue-346	65	14	square	square	ADJ
issue-346	65	15	(	(	PUNCT
issue-346	65	16	standard	standard	ADJ
issue-346	65	17	)	)	PUNCT
issue-346	65	18	deviation	deviation	NOUN
issue-346	65	19	of	of	ADP
issue-346	65	20	values	value	NOUN
issue-346	65	21	of	of	ADP
issue-346	65	22	analysed	analyse	VERB
issue-346	65	23	asset	asset	NOUN
issue-346	65	24	’s	’s	PART
issue-346	65	25	efficiency	efficiency	NOUN
issue-346	65	26	in	in	ADP
issue-346	65	27	the	the	DET
issue-346	65	28	definite	definite	ADJ
issue-346	65	29	periods	period	NOUN
issue-346	65	30	from	from	ADP
issue-346	65	31	the	the	DET
issue-346	65	32	average	average	ADJ
issue-346	65	33	asset	asset	NOUN
issue-346	65	34	efficiency	efficiency	NOUN
issue-346	65	35	during	during	ADP
issue-346	65	36	the	the	DET
issue-346	65	37	studied	studied	ADJ
issue-346	65	38	period	period	NOUN
issue-346	65	39	;	;	PUNCT
issue-346	65	40	–	–	PUNCT
issue-346	65	41	the	the	DET
issue-346	65	42	correlation	correlation	NOUN
issue-346	65	43	coefficient	coefficient	NOUN
issue-346	65	44	,	,	PUNCT
issue-346	65	45	strong	strong	ADJ
issue-346	65	46	connection	connection	NOUN
issue-346	65	47	between	between	ADP
issue-346	65	48	the	the	DET
issue-346	65	49	rate	rate	NOUN
issue-346	65	50	of	of	ADP
issue-346	65	51	profitability	profitability	NOUN
issue-346	65	52	of	of	ADP
issue-346	65	53	the	the	DET
issue-346	65	54	studied	study	VERB
issue-346	65	55	asset	asset	NOUN
issue-346	65	56	and	and	CCONJ
issue-346	65	57	the	the	DET
issue-346	65	58	average	average	ADJ
issue-346	65	59	rate	rate	NOUN
issue-346	65	60	of	of	ADP
issue-346	65	61	profitability	profitability	NOUN
issue-346	65	62	in	in	ADP
issue-346	65	63	the	the	DET
issue-346	65	64	market	market	NOUN
issue-346	65	65	in	in	ADP
issue-346	65	66	general	general	ADJ
issue-346	65	67	;	;	PUNCT
issue-346	65	68	–	–	PUNCT
issue-346	65	69	mean	mean	ADJ
issue-346	65	70	square	square	ADJ
issue-346	65	71	(	(	PUNCT
issue-346	65	72	standard	standard	ADJ
issue-346	65	73	)	)	PUNCT
issue-346	65	74	deviation	deviation	NOUN
issue-346	65	75	of	of	ADP
issue-346	65	76	the	the	DET
issue-346	65	77	profitability	profitability	NOUN
issue-346	65	78	of	of	ADP
issue-346	65	79	the	the	DET
issue-346	65	80	investments	investment	NOUN
issue-346	65	81	(	(	PUNCT
issue-346	65	82	rm	rm	NOUN
issue-346	65	83	)	)	PUNCT
issue-346	65	84	in	in	ADP
issue-346	65	85	the	the	DET
issue-346	65	86	market	market	NOUN
issue-346	65	87	in	in	ADP
issue-346	65	88	general	general	ADJ
issue-346	65	89	(	(	PUNCT
issue-346	65	90	capital	capital	NOUN
issue-346	65	91	asset	asset	NOUN
issue-346	65	92	pricing	pricing	NOUN
issue-346	65	93	model	model	NOUN
issue-346	65	94	)	)	PUNCT
issue-346	65	95	.	.	PUNCT
issue-346	66	1	the	the	DET
issue-346	66	2	commonly	commonly	ADV
issue-346	66	3	-	-	PUNCT
issue-346	66	4	known	know	VERB
issue-346	66	5	equation	equation	NOUN
issue-346	66	6	for	for	ADP
issue-346	66	7	the	the	DET
issue-346	66	8	calculation	calculation	NOUN
issue-346	66	9	of	of	ADP
issue-346	66	10	the	the	DET
issue-346	66	11	β	β	NOUN
issue-346	66	12	-	-	NOUN
issue-346	66	13	coefficient	coefficient	NOUN
issue-346	66	14	can	can	AUX
issue-346	66	15	be	be	AUX
issue-346	66	16	written	write	VERB
issue-346	66	17	as	as	SCONJ
issue-346	66	18	follows	follow	VERB
issue-346	66	19	(	(	PUNCT
issue-346	66	20	kojefficient	kojefficient	NOUN
issue-346	66	21	beta	beta	NOUN
issue-346	66	22	.	.	PUNCT
issue-346	67	1	formula	formula	NOUN
issue-346	67	2	.	.	PUNCT
issue-346	68	1	sovremennye	sovremennye	PROPN
issue-346	68	2	modifikacii	modifikacii	PROPN
issue-346	68	3	):	):	PUNCT
issue-346	68	4	2	2	NUM
issue-346	68	5	)	)	PUNCT
issue-346	68	6	,	,	PUNCT
issue-346	68	7	(	(	PUNCT
issue-346	68	8	m	m	PROPN
issue-346	68	9	mi	mi	PROPN
issue-346	68	10	rrcov	rrcov	PROPN
issue-346	68	11	σ	σ	X
issue-346	68	12	β	β	X
issue-346	68	13	=	=	SYM
issue-346	68	14	(	(	PUNCT
issue-346	68	15	2	2	NUM
issue-346	68	16	)	)	PUNCT
issue-346	68	17	where	where	SCONJ
issue-346	68	18	ri	ri	NOUN
issue-346	68	19	 	 	SPACE
issue-346	68	20	–	–	PUNCT
issue-346	68	21	profitability	profitability	NOUN
issue-346	68	22	of	of	ADP
issue-346	68	23	i	i	PROPN
issue-346	68	24	-	-	PUNCT
issue-346	68	25	asset	asset	NOUN
issue-346	68	26	;	;	PUNCT
issue-346	68	27	rm	rm	NOUN
issue-346	68	28	 	 	SPACE
issue-346	68	29	–	–	PUNCT
issue-346	68	30	market	market	NOUN
issue-346	68	31	profitability	profitability	NOUN
issue-346	68	32	;	;	PUNCT
issue-346	68	33	σm	σm	ADP
issue-346	68	34	2	2	NUM
issue-346	68	35	 	 	SPACE
issue-346	68	36	–	–	PUNCT
issue-346	68	37	distribution	distribution	NOUN
issue-346	68	38	of	of	ADP
issue-346	68	39	the	the	DET
issue-346	68	40	market	market	NOUN
issue-346	68	41	profitability	profitability	NOUN
issue-346	68	42	.	.	PUNCT
issue-346	69	1	at	at	ADP
issue-346	69	2	this	this	PRON
issue-346	69	3	,	,	PUNCT
issue-346	69	4	asset	asset	NOUN
issue-346	69	5	profitability	profitability	NOUN
issue-346	69	6	and	and	CCONJ
issue-346	69	7	market	market	NOUN
issue-346	69	8	profitability	profitability	NOUN
issue-346	69	9	are	be	AUX
issue-346	69	10	defined	define	VERB
issue-346	69	11	according	accord	VERB
issue-346	69	12	to	to	ADP
issue-346	69	13	the	the	DET
issue-346	69	14	data	datum	NOUN
issue-346	69	15	of	of	ADP
issue-346	69	16	historical	historical	ADJ
issue-346	69	17	observations	observation	NOUN
issue-346	69	18	.	.	PUNCT
issue-346	70	1	as	as	ADP
issue-346	70	2	the	the	DET
issue-346	70	3	input	input	NOUN
issue-346	70	4	data	datum	NOUN
issue-346	70	5	during	during	ADP
issue-346	70	6	the	the	DET
issue-346	70	7	examination	examination	NOUN
issue-346	70	8	of	of	ADP
issue-346	70	9	profitability	profitability	NOUN
issue-346	70	10	of	of	ADP
issue-346	70	11	ukrainian	ukrainian	ADJ
issue-346	70	12	enterprises	enterprise	NOUN
issue-346	70	13	shares	share	NOUN
issue-346	70	14	,	,	PUNCT
issue-346	70	15	the	the	DET
issue-346	70	16	data	datum	NOUN
issue-346	70	17	about	about	ADP
issue-346	70	18	the	the	DET
issue-346	70	19	stock	stock	NOUN
issue-346	70	20	rates	rate	NOUN
issue-346	70	21	of	of	ADP
issue-346	70	22	ukrainian	ukrainian	ADJ
issue-346	70	23	emitters	emitter	NOUN
issue-346	70	24	’	'	PUNCT
issue-346	70	25	securities	security	NOUN
issue-346	70	26	according	accord	VERB
issue-346	70	27	to	to	ADP
issue-346	70	28	the	the	DET
issue-346	70	29	results	result	NOUN
issue-346	70	30	of	of	ADP
issue-346	70	31	the	the	DET
issue-346	70	32	trades	trade	NOUN
issue-346	70	33	in	in	ADP
issue-346	70	34	the	the	DET
issue-346	70	35	jsc	jsc	PROPN
issue-346	70	36	“	"	PUNCT
issue-346	70	37	ukrainian	ukrainian	ADJ
issue-346	70	38	exchange	exchange	NOUN
issue-346	70	39	”	"	PUNCT
issue-346	70	40	were	be	AUX
issue-346	70	41	used	use	VERB
issue-346	70	42	.	.	PUNCT
issue-346	71	1	for	for	ADP
issue-346	71	2	calculation	calculation	NOUN
issue-346	71	3	of	of	ADP
issue-346	71	4	historical	historical	ADJ
issue-346	71	5	data	datum	NOUN
issue-346	71	6	of	of	ADP
issue-346	71	7	the	the	DET
issue-346	71	8	market	market	NOUN
issue-346	71	9	profitability	profitability	NOUN
issue-346	71	10	,	,	PUNCT
issue-346	71	11	the	the	DET
issue-346	71	12	ux	ux	PROPN
issue-346	71	13	index	index	NOUN
issue-346	71	14	of	of	ADP
issue-346	71	15	ukrainian	ukrainian	ADJ
issue-346	71	16	shares	share	NOUN
issue-346	71	17	was	be	AUX
issue-346	71	18	used	use	VERB
issue-346	71	19	.	.	PUNCT
issue-346	72	1	calculations	calculation	NOUN
issue-346	72	2	were	be	AUX
issue-346	72	3	based	base	VERB
issue-346	72	4	on	on	ADP
issue-346	72	5	the	the	DET
issue-346	72	6	five	five	NUM
issue-346	72	7	-	-	PUNCT
issue-346	72	8	year	year	NOUN
issue-346	72	9	period	period	NOUN
issue-346	72	10	from	from	ADP
issue-346	72	11	1	1	NUM
issue-346	72	12	january	january	NOUN
issue-346	72	13	till	till	SCONJ
issue-346	72	14	31	31	NUM
issue-346	72	15	december	december	PROPN
issue-346	72	16	2016	2016	NUM
issue-346	72	17	.	.	PUNCT
issue-346	73	1	on	on	ADP
issue-346	73	2	this	this	DET
issue-346	73	3	horizon	horizon	NOUN
issue-346	73	4	period	period	NOUN
issue-346	73	5	,	,	PUNCT
issue-346	73	6	the	the	DET
issue-346	73	7	studies	study	NOUN
issue-346	73	8	were	be	AUX
issue-346	73	9	conducted	conduct	VERB
issue-346	73	10	in	in	ADP
issue-346	73	11	such	such	ADJ
issue-346	73	12	possible	possible	ADJ
issue-346	73	13	investment	investment	NOUN
issue-346	73	14	intervals	interval	NOUN
issue-346	73	15	:	:	PUNCT
issue-346	73	16	1	1	NUM
issue-346	73	17	,	,	PUNCT
issue-346	73	18	2	2	NUM
issue-346	73	19	…	…	SYM
issue-346	73	20	12	12	NUM
issue-346	73	21	months	month	NOUN
issue-346	73	22	.	.	PUNCT
issue-346	74	1	in	in	ADP
issue-346	74	2	the	the	DET
issue-346	74	3	profitability	profitability	NOUN
issue-346	74	4	analysis	analysis	NOUN
issue-346	74	5	in	in	ADP
issue-346	74	6	the	the	DET
issue-346	74	7	investment	investment	NOUN
issue-346	74	8	intervals	interval	NOUN
issue-346	74	9	,	,	PUNCT
issue-346	74	10	exponential	exponential	NOUN
issue-346	74	11	moving	move	VERB
issue-346	74	12	average	average	NOUN
issue-346	74	13	with	with	ADP
issue-346	74	14	its	its	PRON
issue-346	74	15	further	further	ADJ
issue-346	74	16	shift	shift	NOUN
issue-346	74	17	for	for	ADP
issue-346	74	18	1	1	NUM
issue-346	74	19	month	month	NOUN
issue-346	74	20	was	be	AUX
issue-346	74	21	used	use	VERB
issue-346	74	22	.	.	PUNCT
issue-346	75	1	such	such	DET
issue-346	75	2	an	an	DET
issue-346	75	3	investigation	investigation	NOUN
issue-346	75	4	technique	technique	NOUN
issue-346	75	5	was	be	AUX
issue-346	75	6	chosen	choose	VERB
issue-346	75	7	considering	consider	VERB
issue-346	75	8	the	the	DET
issue-346	75	9	existing	exist	VERB
issue-346	75	10	analogue	analogue	NOUN
issue-346	75	11	approach	approach	NOUN
issue-346	75	12	presented	present	VERB
issue-346	75	13	in	in	ADP
issue-346	75	14	works	work	NOUN
issue-346	75	15	by	by	ADP
issue-346	75	16	(	(	PUNCT
issue-346	75	17	berzon	berzon	PROPN
issue-346	75	18	2014	2014	NUM
issue-346	75	19	;	;	PUNCT
issue-346	75	20	boyarskiy	boyarskiy	PROPN
issue-346	75	21	2016	2016	NUM
issue-346	75	22	)	)	PUNCT
issue-346	75	23	and	and	CCONJ
issue-346	75	24	by	by	ADP
issue-346	75	25	other	other	ADJ
issue-346	75	26	scientists	scientist	NOUN
issue-346	75	27	.	.	PUNCT
issue-346	76	1	calculation	calculation	NOUN
issue-346	76	2	of	of	ADP
issue-346	76	3	market	market	NOUN
issue-346	76	4	tools	tool	NOUN
issue-346	76	5	’	'	PUNCT
issue-346	76	6	profitability	profitability	NOUN
issue-346	76	7	per	per	ADP
issue-346	76	8	month	month	NOUN
issue-346	76	9	was	be	AUX
issue-346	76	10	done	do	VERB
issue-346	76	11	with	with	ADP
issue-346	76	12	the	the	DET
issue-346	76	13	help	help	NOUN
issue-346	76	14	of	of	ADP
issue-346	76	15	formula	formula	NOUN
issue-346	76	16	:	:	PUNCT
issue-346	76	17	,	,	PUNCT
issue-346	76	18	100	100	NUM
issue-346	76	19	)	)	PUNCT
issue-346	76	20	(	(	PUNCT
issue-346	76	21	0	0	NUM
issue-346	76	22	0	0	NUM
issue-346	76	23	×	×	NOUN
issue-346	76	24	⋅	⋅	PROPN
issue-346	76	25	−	−	PROPN
issue-346	76	26	=	=	SYM
issue-346	76	27	ti	ti	PROPN
issue-346	76	28	iir	iir	NOUN
issue-346	77	1	i	i	PRON
issue-346	78	1	i	i	PRON
issue-346	78	2	m	m	VERB
issue-346	78	3	(	(	PUNCT
issue-346	78	4	3	3	NUM
issue-346	78	5	)	)	PUNCT
issue-346	79	1	where	where	SCONJ
issue-346	79	2	rim	rim	PROPN
issue-346	79	3	 	 	SPACE
issue-346	79	4	–	–	PUNCT
issue-346	79	5	profitability	profitability	NOUN
issue-346	79	6	per	per	ADP
issue-346	79	7	month	month	NOUN
issue-346	79	8	in	in	ADP
issue-346	79	9	і	і	NOUN
issue-346	79	10	-	-	NOUN
issue-346	79	11	period	period	NOUN
issue-346	79	12	;	;	PUNCT
issue-346	79	13	іі	іі	PROPN
issue-346	79	14	  	  	SPACE
issue-346	79	15	–	–	PUNCT
issue-346	79	16	securities	security	NOUN
issue-346	79	17	exchange	exchange	NOUN
issue-346	79	18	rate	rate	NOUN
issue-346	79	19	(	(	PUNCT
issue-346	79	20	ux	ux	PROPN
issue-346	79	21	index	index	NOUN
issue-346	79	22	)	)	PUNCT
issue-346	79	23	at	at	ADP
issue-346	79	24	the	the	DET
issue-346	79	25	beginning	beginning	NOUN
issue-346	79	26	of	of	ADP
issue-346	79	27	investment	investment	NOUN
issue-346	79	28	period	period	NOUN
issue-346	79	29	;	;	PUNCT
issue-346	79	30	і0	і0	PROPN
issue-346	79	31	 	 	SPACE
issue-346	79	32	–	–	PUNCT
issue-346	79	33	securities	security	NOUN
issue-346	79	34	exchange	exchange	NOUN
issue-346	79	35	rate	rate	NOUN
issue-346	79	36	(	(	PUNCT
issue-346	79	37	ux	ux	PROPN
issue-346	79	38	index	index	NOUN
issue-346	79	39	)	)	PUNCT
issue-346	79	40	at	at	ADP
issue-346	79	41	the	the	DET
issue-346	79	42	end	end	NOUN
issue-346	79	43	of	of	ADP
issue-346	79	44	investment	investment	NOUN
issue-346	79	45	period	period	NOUN
issue-346	79	46	;	;	PUNCT
issue-346	79	47	t	t	PROPN
issue-346	79	48	 	 	SPACE
issue-346	79	49	–	–	PUNCT
issue-346	79	50	the	the	DET
issue-346	79	51	number	number	NOUN
issue-346	79	52	of	of	ADP
issue-346	79	53	months	month	NOUN
issue-346	79	54	in	in	ADP
issue-346	79	55	the	the	DET
issue-346	79	56	investment	investment	NOUN
issue-346	79	57	period	period	NOUN
issue-346	79	58	.	.	PUNCT
issue-346	80	1	β	β	X
issue-346	80	2	-	-	PUNCT
issue-346	80	3	coefficient	coefficient	ADJ
issue-346	80	4	calculation	calculation	NOUN
issue-346	80	5	for	for	ADP
issue-346	80	6	various	various	ADJ
issue-346	80	7	investment	investment	NOUN
issue-346	80	8	horizon	horizon	NOUN
issue-346	80	9	periods	period	NOUN
issue-346	80	10	was	be	AUX
issue-346	80	11	done	do	VERB
issue-346	80	12	using	use	VERB
issue-346	80	13	the	the	DET
issue-346	80	14	possibilities	possibility	NOUN
issue-346	80	15	of	of	ADP
issue-346	80	16	excel	excel	NOUN
issue-346	80	17	program	program	NOUN
issue-346	80	18	.	.	PUNCT
issue-346	81	1	for	for	ADP
issue-346	81	2	example	example	NOUN
issue-346	81	3	,	,	PUNCT
issue-346	81	4	for	for	ADP
issue-346	81	5	the	the	DET
issue-346	81	6	public	public	ADJ
issue-346	81	7	jsc	jsc	PROPN
issue-346	81	8	raiffeisen	raiffeisen	PROPN
issue-346	81	9	y	y	PROPN
issue-346	81	10	=	=	PROPN
issue-346	81	11	1,0527x	1,0527x	PROPN
issue-346	81	12	+	+	CCONJ
issue-346	81	13	0,0138	0,0138	NOUN
issue-346	81	14	r2	r2	NOUN
issue-346	81	15	=	=	PUNCT
issue-346	81	16	0,5199	0,5199	NOUN
issue-346	81	17	-40,00	-40,00	PUNCT
issue-346	81	18	%	%	NOUN
issue-346	81	19	-30,00	-30,00	PRON
issue-346	81	20	%	%	NOUN
issue-346	81	21	-20,00	-20,00	INTJ
issue-346	81	22	%	%	NOUN
issue-346	81	23	-10,00	-10,00	PUNCT
issue-346	81	24	%	%	NOUN
issue-346	81	25	0,00	0,00	NUM
issue-346	81	26	%	%	NOUN
issue-346	81	27	10,00	10,00	NUM
issue-346	81	28	%	%	NOUN
issue-346	81	29	20,00	20,00	NUM
issue-346	81	30	%	%	NOUN
issue-346	81	31	30,00	30,00	NUM
issue-346	81	32	%	%	NOUN
issue-346	81	33	40,00	40,00	NUM
issue-346	81	34	%	%	NOUN
issue-346	81	35	-40,00	-40,00	SYM
issue-346	81	36	%	%	NOUN
issue-346	81	37	-30,00	-30,00	INTJ
issue-346	81	38	%	%	NOUN
issue-346	81	39	-20,00	-20,00	INTJ
issue-346	81	40	%	%	NOUN
issue-346	81	41	-10,00	-10,00	PUNCT
issue-346	81	42	%	%	NOUN
issue-346	81	43	0,00	0,00	NUM
issue-346	81	44	%	%	NOUN
issue-346	81	45	10,00	10,00	NUM
issue-346	81	46	%	%	NOUN
issue-346	81	47	20,00	20,00	NUM
issue-346	81	48	%	%	NOUN
issue-346	81	49	fig	fig	NOUN
issue-346	81	50	.	.	PUNCT
issue-346	82	1	1	1	X
issue-346	82	2	.	.	X
issue-346	82	3	results	result	NOUN
issue-346	82	4	of	of	ADP
issue-346	82	5	the	the	DET
issue-346	82	6	β	β	NOUN
issue-346	82	7	-	-	ADJ
issue-346	82	8	coefficient	coefficient	ADJ
issue-346	82	9	calculation	calculation	NOUN
issue-346	82	10	for	for	ADP
issue-346	82	11	the	the	DET
issue-346	82	12	public	public	ADJ
issue-346	82	13	jsc	jsc	PROPN
issue-346	82	14	raiffeisen	raiffeisen	PROPN
issue-346	82	15	bank	bank	PROPN
issue-346	82	16	aval	aval	NOUN
issue-346	82	17	for	for	ADP
issue-346	82	18	the	the	DET
issue-346	82	19	investment	investment	NOUN
issue-346	82	20	horizon	horizon	NOUN
issue-346	82	21	period	period	NOUN
issue-346	82	22	1	1	NUM
issue-346	82	23	month	month	NOUN
issue-346	82	24	(	(	PUNCT
issue-346	82	25	2012–2016	2012–2016	NUM
issue-346	82	26	)	)	PUNCT
issue-346	82	27	source	source	NOUN
issue-346	82	28	:	:	PUNCT
issue-346	82	29	compiled	compile	VERB
issue-346	82	30	by	by	ADP
issue-346	82	31	the	the	DET
issue-346	82	32	authors	author	NOUN
issue-346	82	33	baltic	baltic	PROPN
issue-346	82	34	journal	journal	PROPN
issue-346	82	35	of	of	ADP
issue-346	82	36	economic	economic	ADJ
issue-346	82	37	studies	study	NOUN
issue-346	82	38	166	166	NUM
issue-346	82	39	vol	vol	NOUN
issue-346	82	40	.	.	PROPN
issue-346	83	1	4	4	NUM
issue-346	83	2	,	,	PUNCT
issue-346	83	3	no	no	INTJ
issue-346	83	4	.	.	NOUN
issue-346	83	5	1	1	NUM
issue-346	83	6	,	,	PUNCT
issue-346	83	7	2018	2018	NUM
issue-346	83	8	bank	bank	NOUN
issue-346	83	9	aval	aval	NOUN
issue-346	83	10	,	,	PUNCT
issue-346	83	11	the	the	DET
issue-346	83	12	results	result	NOUN
issue-346	83	13	of	of	ADP
issue-346	83	14	the	the	DET
issue-346	83	15	β	β	NOUN
issue-346	83	16	-	-	NOUN
issue-346	83	17	coefficient	coefficient	ADJ
issue-346	83	18	calculations	calculation	NOUN
issue-346	83	19	for	for	ADP
issue-346	83	20	the	the	DET
issue-346	83	21	investment	investment	NOUN
issue-346	83	22	horizon	horizon	NOUN
issue-346	83	23	period	period	NOUN
issue-346	83	24	1	1	NUM
issue-346	83	25	month	month	NOUN
issue-346	83	26	is	be	AUX
issue-346	83	27	the	the	DET
issue-346	83	28	following	follow	VERB
issue-346	83	29	(	(	PUNCT
issue-346	83	30	presented	present	VERB
issue-346	83	31	in	in	ADP
issue-346	83	32	fig	fig	NOUN
issue-346	83	33	.	.	PUNCT
issue-346	84	1	1	1	NUM
issue-346	84	2	)	)	PUNCT
issue-346	84	3	.	.	PUNCT
issue-346	85	1	β	β	X
issue-346	85	2	-	-	PUNCT
issue-346	85	3	coefficient	coefficient	NOUN
issue-346	85	4	is	be	AUX
issue-346	85	5	equal	equal	ADJ
issue-346	85	6	to	to	ADP
issue-346	85	7	1,0527	1,0527	NUM
issue-346	85	8	.	.	PUNCT
issue-346	86	1	similar	similar	ADJ
issue-346	86	2	calculations	calculation	NOUN
issue-346	86	3	were	be	AUX
issue-346	86	4	done	do	VERB
issue-346	86	5	for	for	ADP
issue-346	86	6	10	10	NUM
issue-346	86	7	ukrainian	ukrainian	ADJ
issue-346	86	8	securities	security	NOUN
issue-346	86	9	emitters	emitter	NOUN
issue-346	86	10	for	for	ADP
issue-346	86	11	various	various	ADJ
issue-346	86	12	investment	investment	NOUN
issue-346	86	13	horizon	horizon	NOUN
issue-346	86	14	periods	period	NOUN
issue-346	86	15	.	.	PUNCT
issue-346	87	1	results	result	NOUN
issue-346	87	2	of	of	ADP
issue-346	87	3	the	the	DET
issue-346	87	4	calculations	calculation	NOUN
issue-346	87	5	are	be	AUX
issue-346	87	6	presented	present	VERB
issue-346	87	7	in	in	ADP
issue-346	87	8	table	table	NOUN
issue-346	87	9	1	1	NUM
issue-346	87	10	.	.	PUNCT
issue-346	88	1	the	the	DET
issue-346	88	2	further	further	ADJ
issue-346	88	3	investigation	investigation	NOUN
issue-346	88	4	of	of	ADP
issue-346	88	5	the	the	DET
issue-346	88	6	correctness	correctness	NOUN
issue-346	88	7	of	of	ADP
issue-346	88	8	application	application	NOUN
issue-346	88	9	of	of	ADP
issue-346	88	10	the	the	DET
issue-346	88	11	capm	capm	NOUN
issue-346	88	12	-	-	PUNCT
issue-346	88	13	model	model	NOUN
issue-346	88	14	in	in	ADP
issue-346	88	15	ukrainian	ukrainian	ADJ
issue-346	88	16	market	market	NOUN
issue-346	88	17	was	be	AUX
issue-346	88	18	conducted	conduct	VERB
issue-346	88	19	by	by	ADP
issue-346	88	20	calculation	calculation	NOUN
issue-346	88	21	of	of	ADP
issue-346	88	22	the	the	DET
issue-346	88	23	expected	expect	VERB
issue-346	88	24	profitability	profitability	NOUN
issue-346	88	25	of	of	ADP
issue-346	88	26	the	the	DET
issue-346	88	27	ukrainian	ukrainian	ADJ
issue-346	88	28	emitters	emitter	NOUN
issue-346	88	29	’	'	PUNCT
issue-346	88	30	securities	security	NOUN
issue-346	88	31	using	use	VERB
issue-346	88	32	formula	formula	NOUN
issue-346	88	33	1	1	NUM
issue-346	88	34	and	and	CCONJ
issue-346	88	35	comparing	compare	VERB
issue-346	88	36	it	it	PRON
issue-346	88	37	to	to	ADP
issue-346	88	38	the	the	DET
issue-346	88	39	actual	actual	ADJ
issue-346	88	40	profitability	profitability	NOUN
issue-346	88	41	indexes	index	NOUN
issue-346	88	42	(	(	PUNCT
issue-346	88	43	ria	ria	PROPN
issue-346	88	44	)	)	PUNCT
issue-346	88	45	,	,	PUNCT
issue-346	88	46	which	which	PRON
issue-346	88	47	were	be	AUX
issue-346	88	48	shown	show	VERB
issue-346	88	49	by	by	ADP
issue-346	88	50	the	the	DET
issue-346	88	51	securities	security	NOUN
issue-346	88	52	in	in	ADP
issue-346	88	53	2017	2017	NUM
issue-346	88	54	.	.	PUNCT
issue-346	89	1	at	at	ADP
issue-346	89	2	this	this	PRON
issue-346	89	3	,	,	PUNCT
issue-346	89	4	as	as	ADP
issue-346	89	5	the	the	DET
issue-346	89	6	riskless	riskless	NOUN
issue-346	89	7	profitability	profitability	NOUN
issue-346	89	8	,	,	PUNCT
issue-346	89	9	there	there	PRON
issue-346	89	10	was	be	VERB
issue-346	89	11	accepted	accept	VERB
issue-346	89	12	the	the	DET
issue-346	89	13	profitability	profitability	NOUN
issue-346	89	14	of	of	ADP
issue-346	89	15	the	the	DET
issue-346	89	16	bond	bond	NOUN
issue-346	89	17	certificate	certificate	NOUN
issue-346	89	18	of	of	ADP
issue-346	89	19	domestic	domestic	ADJ
issue-346	89	20	government	government	NOUN
issue-346	89	21	loan	loan	NOUN
issue-346	89	22	(	(	PUNCT
issue-346	89	23	bcdgl	bcdgl	NOUN
issue-346	89	24	)	)	PUNCT
issue-346	89	25	,	,	PUNCT
issue-346	89	26	which	which	PRON
issue-346	89	27	was	be	AUX
issue-346	89	28	equal	equal	ADJ
issue-346	89	29	to	to	ADP
issue-346	89	30	14	14	NUM
issue-346	89	31	%	%	NOUN
issue-346	89	32	annually	annually	ADV
issue-346	89	33	in	in	ADP
issue-346	89	34	2017	2017	NUM
issue-346	89	35	(	(	PUNCT
issue-346	89	36	in	in	ADP
issue-346	89	37	hryvnia	hryvnia	NOUN
issue-346	89	38	)	)	PUNCT
issue-346	89	39	,	,	PUNCT
issue-346	89	40	which	which	PRON
issue-346	89	41	constitutes	constitute	VERB
issue-346	89	42	1.17	1.17	NUM
issue-346	89	43	%	%	NOUN
issue-346	89	44	monthly	monthly	ADV
issue-346	89	45	.	.	PUNCT
issue-346	90	1	the	the	DET
issue-346	90	2	procedure	procedure	NOUN
issue-346	90	3	of	of	ADP
issue-346	90	4	distinguishing	distinguish	VERB
issue-346	90	5	the	the	DET
issue-346	90	6	expected	expect	VERB
issue-346	90	7	profitability	profitability	NOUN
issue-346	90	8	in	in	ADP
issue-346	90	9	formula	formula	NOUN
issue-346	90	10	1	1	NUM
issue-346	90	11	settles	settle	VERB
issue-346	90	12	definite	definite	ADJ
issue-346	90	13	questions	question	NOUN
issue-346	90	14	.	.	PUNCT
issue-346	91	1	generalizing	generalize	VERB
issue-346	91	2	the	the	DET
issue-346	91	3	contemporary	contemporary	ADJ
issue-346	91	4	scientificmethodological	scientificmethodological	ADJ
issue-346	91	5	approaches	approach	NOUN
issue-346	91	6	to	to	ADP
issue-346	91	7	the	the	DET
issue-346	91	8	definition	definition	NOUN
issue-346	91	9	of	of	ADP
issue-346	91	10	such	such	ADJ
issue-346	91	11	profitability	profitability	NOUN
issue-346	91	12	and	and	CCONJ
issue-346	91	13	considering	consider	VERB
issue-346	91	14	that	that	SCONJ
issue-346	91	15	this	this	DET
issue-346	91	16	investigation	investigation	NOUN
issue-346	91	17	is	be	AUX
issue-346	91	18	based	base	VERB
issue-346	91	19	on	on	ADP
issue-346	91	20	its	its	PRON
issue-346	91	21	actual	actual	ADJ
issue-346	91	22	indexes	index	NOUN
issue-346	91	23	for	for	ADP
issue-346	91	24	2017	2017	NUM
issue-346	91	25	,	,	PUNCT
issue-346	91	26	there	there	PRON
issue-346	91	27	was	be	VERB
issue-346	91	28	calculated	calculate	VERB
issue-346	91	29	the	the	DET
issue-346	91	30	monthly	monthly	ADJ
issue-346	91	31	profitability	profitability	NOUN
issue-346	91	32	based	base	VERB
issue-346	91	33	on	on	ADP
issue-346	91	34	the	the	DET
issue-346	91	35	ux	ux	NOUN
issue-346	91	36	-	-	PUNCT
issue-346	91	37	index	index	NOUN
issue-346	91	38	and	and	CCONJ
issue-346	91	39	considering	consider	VERB
issue-346	91	40	investment	investment	NOUN
issue-346	91	41	horizon	horizon	NOUN
issue-346	91	42	periods	period	NOUN
issue-346	91	43	.	.	PUNCT
issue-346	92	1	calculation	calculation	NOUN
issue-346	92	2	results	result	NOUN
issue-346	92	3	are	be	AUX
issue-346	92	4	presented	present	VERB
issue-346	92	5	in	in	ADP
issue-346	92	6	table	table	NOUN
issue-346	92	7	2	2	NUM
issue-346	92	8	.	.	PUNCT
issue-346	93	1	thus	thus	ADV
issue-346	93	2	,	,	PUNCT
issue-346	93	3	substituting	substitute	VERB
issue-346	93	4	the	the	DET
issue-346	93	5	stated	state	VERB
issue-346	93	6	above	above	ADP
issue-346	93	7	data	datum	NOUN
issue-346	93	8	into	into	ADP
issue-346	93	9	formula	formula	NOUN
issue-346	93	10	  	  	SPACE
issue-346	93	11	1	1	NUM
issue-346	93	12	,	,	PUNCT
issue-346	93	13	the	the	DET
issue-346	93	14	expected	expect	VERB
issue-346	93	15	value	value	NOUN
issue-346	93	16	of	of	ADP
issue-346	93	17	the	the	DET
issue-346	93	18	listed	list	VERB
issue-346	93	19	above	above	ADP
issue-346	93	20	ukrainian	ukrainian	ADJ
issue-346	93	21	emitters	emitter	NOUN
issue-346	93	22	’	'	PUNCT
issue-346	93	23	securities	security	NOUN
issue-346	93	24	for	for	ADP
issue-346	93	25	2017	2017	NUM
issue-346	93	26	was	be	AUX
issue-346	93	27	calculated	calculate	VERB
issue-346	93	28	and	and	CCONJ
issue-346	93	29	it	it	PRON
issue-346	93	30	was	be	AUX
issue-346	93	31	compared	compare	VERB
issue-346	93	32	to	to	ADP
issue-346	93	33	the	the	DET
issue-346	93	34	real	real	ADJ
issue-346	93	35	profitability	profitability	NOUN
issue-346	93	36	of	of	ADP
issue-346	93	37	the	the	DET
issue-346	93	38	securities	security	NOUN
issue-346	93	39	in	in	ADP
issue-346	93	40	various	various	ADJ
issue-346	93	41	investment	investment	NOUN
issue-346	93	42	horizon	horizon	NOUN
issue-346	93	43	periods	period	NOUN
issue-346	93	44	 	 	SPACE
issue-346	93	45	–	–	PUNCT
issue-346	93	46	from	from	ADP
issue-346	93	47	1	1	NUM
issue-346	93	48	till	till	SCONJ
issue-346	93	49	12	12	NUM
issue-346	93	50	months	month	NOUN
issue-346	93	51	.	.	PUNCT
issue-346	94	1	the	the	DET
issue-346	94	2	results	result	NOUN
issue-346	94	3	of	of	ADP
issue-346	94	4	these	these	DET
issue-346	94	5	calculations	calculation	NOUN
issue-346	94	6	are	be	AUX
issue-346	94	7	stated	state	VERB
issue-346	94	8	in	in	ADP
issue-346	94	9	table	table	NOUN
issue-346	94	10	3	3	NUM
issue-346	94	11	.	.	PUNCT
issue-346	95	1	the	the	DET
issue-346	95	2	difference	difference	NOUN
issue-346	95	3	between	between	ADP
issue-346	95	4	the	the	DET
issue-346	95	5	real	real	ADJ
issue-346	95	6	and	and	CCONJ
issue-346	95	7	expected	expect	VERB
issue-346	95	8	profitability	profitability	NOUN
issue-346	95	9	presents	present	VERB
issue-346	95	10	the	the	DET
issue-346	95	11	coefficient	coefficient	NOUN
issue-346	95	12	α	α	X
issue-346	95	13	(	(	PUNCT
issue-346	95	14	αі	αі	NOUN
issue-346	95	15	)	)	PUNCT
issue-346	95	16	,	,	PUNCT
issue-346	95	17	table	table	NOUN
issue-346	95	18	1	1	NUM
issue-346	95	19	β	β	NOUN
issue-346	95	20	-	-	NOUN
issue-346	95	21	coefficients	coefficient	NOUN
issue-346	95	22	of	of	ADP
issue-346	95	23	the	the	DET
issue-346	95	24	ukrainian	ukrainian	ADJ
issue-346	95	25	emitters	emitter	NOUN
issue-346	95	26	’	'	PUNCT
issue-346	95	27	securities	security	NOUN
issue-346	95	28	in	in	ADP
issue-346	95	29	various	various	ADJ
issue-346	95	30	investment	investment	NOUN
issue-346	95	31	horizon	horizon	NOUN
issue-346	95	32	periods	period	NOUN
issue-346	95	33	(	(	PUNCT
issue-346	95	34	based	base	VERB
issue-346	95	35	on	on	ADP
issue-346	95	36	2012–2016	2012–2016	NUM
issue-346	95	37	data	datum	NOUN
issue-346	95	38	)	)	PUNCT
issue-346	95	39	emitters	emitter	NOUN
issue-346	95	40	’	'	PUNCT
issue-346	95	41	securities	security	NOUN
issue-346	95	42	investment	investment	NOUN
issue-346	95	43	horizon	horizon	NOUN
issue-346	95	44	periods	period	NOUN
issue-346	95	45	(	(	PUNCT
issue-346	95	46	months	month	NOUN
issue-346	95	47	)	)	PUNCT
issue-346	95	48	1	1	NUM
issue-346	95	49	m.	m.	NOUN
issue-346	95	50	2	2	NUM
issue-346	95	51	m.	m.	NOUN
issue-346	95	52	3	3	NUM
issue-346	95	53	m.	m.	NOUN
issue-346	95	54	4	4	NUM
issue-346	95	55	m.	m.	NOUN
issue-346	95	56	5	5	NUM
issue-346	95	57	m.	m.	NOUN
issue-346	95	58	6	6	NUM
issue-346	95	59	m.	m.	NOUN
issue-346	95	60	7	7	NUM
issue-346	95	61	m.	m.	NOUN
issue-346	95	62	8	8	NUM
issue-346	95	63	m.	m.	NOUN
issue-346	95	64	9	9	NUM
issue-346	95	65	m.	m.	NOUN
issue-346	95	66	10	10	NUM
issue-346	95	67	m.	m.	NOUN
issue-346	95	68	11	11	NUM
issue-346	95	69	m.	m.	NOUN
issue-346	95	70	12	12	NUM
issue-346	95	71	m.	m.	NOUN
issue-346	95	72	pjsc	pjsc	PROPN
issue-346	95	73	raiffeisen	raiffeisen	PROPN
issue-346	95	74	bank	bank	PROPN
issue-346	95	75	aval	aval	PROPN
issue-346	95	76	1,05	1,05	NUM
issue-346	95	77	1,22	1,22	NUM
issue-346	96	1	1,24	1,24	NUM
issue-346	96	2	1,32	1,32	NUM
issue-346	96	3	1,39	1,39	NUM
issue-346	96	4	1,42	1,42	NUM
issue-346	96	5	1,49	1,49	NUM
issue-346	96	6	1,54	1,54	NUM
issue-346	96	7	1,60	1,60	NUM
issue-346	96	8	1,68	1,68	NUM
issue-346	96	9	1,74	1,74	NUM
issue-346	96	10	1,84	1,84	NUM
issue-346	96	11	pjsc	pjsc	NOUN
issue-346	96	12	“	"	PUNCT
issue-346	96	13	ukrsotsbank	ukrsotsbank	ADV
issue-346	96	14	”	"	PUNCT
issue-346	96	15	0,72	0,72	PROPN
issue-346	96	16	0,50	0,50	PROPN
issue-346	96	17	0,41	0,41	PUNCT
issue-346	96	18	0,39	0,39	PUNCT
issue-346	97	1	0,33	0,33	PROPN
issue-346	97	2	0,41	0,41	PUNCT
issue-346	98	1	0,45	0,45	NUM
issue-346	98	2	0,46	0,46	NOUN
issue-346	99	1	0,49	0,49	NUM
issue-346	99	2	0,53	0,53	NOUN
issue-346	99	3	0,57	0,57	NOUN
issue-346	99	4	0,58	0,58	NUM
issue-346	99	5	pjsc	pjsc	NOUN
issue-346	99	6	“	"	PUNCT
issue-346	99	7	ukrtelekom	ukrtelekom	ADJ
issue-346	99	8	”	"	PUNCT
issue-346	99	9	0,38	0,38	NOUN
issue-346	99	10	0,64	0,64	NUM
issue-346	99	11	0,64	0,64	PUNCT
issue-346	99	12	0,61	0,61	PUNCT
issue-346	100	1	0,65	0,65	NOUN
issue-346	100	2	0,63	0,63	NUM
issue-346	100	3	0,58	0,58	X
issue-346	100	4	0,53	0,53	NOUN
issue-346	100	5	0,46	0,46	NOUN
issue-346	100	6	0,47	0,47	NUM
issue-346	100	7	0,42	0,42	PUNCT
issue-346	101	1	0,39	0,39	CCONJ
issue-346	101	2	pjsc	pjsc	NOUN
issue-346	101	3	“	"	PUNCT
issue-346	101	4	dtek	dtek	NOUN
issue-346	101	5	dniprooblenerho	dniprooblenerho	PROPN
issue-346	101	6	”	"	PUNCT
issue-346	101	7	0,11	0,11	NOUN
issue-346	101	8	0,37	0,37	NUM
issue-346	101	9	0,39	0,39	PUNCT
issue-346	101	10	0,57	0,57	NOUN
issue-346	102	1	0,81	0,81	NUM
issue-346	102	2	0,99	0,99	PROPN
issue-346	102	3	1,12	1,12	NUM
issue-346	103	1	1,24	1,24	NUM
issue-346	103	2	1,75	1,75	NUM
issue-346	103	3	2,25	2,25	NUM
issue-346	103	4	2,25	2,25	NUM
issue-346	103	5	2,59	2,59	NOUN
issue-346	103	6	pjsc	pjsc	NOUN
issue-346	103	7	“	"	PUNCT
issue-346	103	8	dtek	dtek	NOUN
issue-346	103	9	dneproenergo	dneproenergo	PROPN
issue-346	103	10	”	"	PUNCT
issue-346	103	11	0,66	0,66	NUM
issue-346	103	12	0,93	0,93	PUNCT
issue-346	104	1	0,79	0,79	NOUN
issue-346	104	2	0,90	0,90	NOUN
issue-346	105	1	1,17	1,17	NUM
issue-346	105	2	1,40	1,40	NUM
issue-346	105	3	1,56	1,56	NUM
issue-346	105	4	1,76	1,76	NUM
issue-346	105	5	2,04	2,04	NUM
issue-346	105	6	2,28	2,28	NUM
issue-346	105	7	2,33	2,33	NUM
issue-346	105	8	2,43	2,43	ADJ
issue-346	105	9	pjsc	pjsc	NOUN
issue-346	105	10	“	"	PUNCT
issue-346	105	11	centrenergo	centrenergo	NOUN
issue-346	105	12	”	"	PUNCT
issue-346	105	13	1,14	1,14	NUM
issue-346	105	14	1,22	1,22	NUM
issue-346	105	15	1,19	1,19	NUM
issue-346	105	16	1,15	1,15	NUM
issue-346	105	17	1,16	1,16	NUM
issue-346	105	18	1,13	1,13	NUM
issue-346	105	19	1,15	1,15	NUM
issue-346	105	20	1,13	1,13	NUM
issue-346	105	21	1,11	1,11	NUM
issue-346	105	22	1,05	1,05	NUM
issue-346	105	23	1,01	1,01	NUM
issue-346	105	24	0,98	0,98	NOUN
issue-346	105	25	pjsc	pjsc	NOUN
issue-346	105	26	“	"	PUNCT
issue-346	105	27	motor	motor	NOUN
issue-346	105	28	sich	sich	NOUN
issue-346	105	29	”	"	PUNCT
issue-346	105	30	0,85	0,85	ADP
issue-346	106	1	0,78	0,78	NUM
issue-346	106	2	0,74	0,74	NOUN
issue-346	106	3	0,66	0,66	NUM
issue-346	107	1	0,59	0,59	NUM
issue-346	107	2	0,58	0,58	NUM
issue-346	108	1	0,57	0,57	NOUN
issue-346	108	2	0,58	0,58	NUM
issue-346	108	3	0,56	0,56	NOUN
issue-346	108	4	0,55	0,55	PRON
issue-346	109	1	0,55	0,55	INTJ
issue-346	109	2	0,55	0,55	PUNCT
issue-346	110	1	pjsc	pjsc	NOUN
issue-346	110	2	“	"	PUNCT
issue-346	110	3	ukrnafta	ukrnafta	ADJ
issue-346	110	4	”	"	PUNCT
issue-346	110	5	1,36	1,36	NUM
issue-346	110	6	1,54	1,54	NUM
issue-346	110	7	1,62	1,62	NUM
issue-346	110	8	1,64	1,64	NUM
issue-346	111	1	1,70	1,70	NUM
issue-346	111	2	1,76	1,76	NUM
issue-346	112	1	1,72	1,72	NUM
issue-346	112	2	1,63	1,63	NUM
issue-346	112	3	1,56	1,56	NUM
issue-346	112	4	1,47	1,47	NUM
issue-346	112	5	1,39	1,39	NOUN
issue-346	112	6	1,28	1,28	NUM
issue-346	112	7	pjsc	pjsc	NOUN
issue-346	112	8	“	"	PUNCT
issue-346	112	9	kryukov	kryukov	X
issue-346	112	10	railway	railway	NOUN
issue-346	112	11	car	car	NOUN
issue-346	112	12	building	building	NOUN
issue-346	112	13	works	work	NOUN
issue-346	112	14	”	"	PUNCT
issue-346	112	15	0,69	0,69	X
issue-346	113	1	0,67	0,67	NOUN
issue-346	113	2	0,62	0,62	NUM
issue-346	113	3	0,60	0,60	PUNCT
issue-346	114	1	0,63	0,63	X
issue-346	114	2	0,66	0,66	NUM
issue-346	114	3	0,64	0,64	NUM
issue-346	115	1	0,61	0,61	NUM
issue-346	115	2	0,60	0,60	NUM
issue-346	116	1	0,60	0,60	NUM
issue-346	117	1	0,57	0,57	NOUN
issue-346	117	2	0,53	0,53	NOUN
issue-346	117	3	pjsc	pjsc	NOUN
issue-346	117	4	“	"	PUNCT
issue-346	117	5	automobile	automobile	NOUN
issue-346	117	6	company	company	NOUN
issue-346	117	7	”	"	PUNCT
issue-346	117	8	bogdan	bogdan	PROPN
issue-346	117	9	motors	motors	PROPN
issue-346	117	10	”	"	PUNCT
issue-346	117	11	1,09	1,09	NUM
issue-346	117	12	1,51	1,51	NUM
issue-346	117	13	1,67	1,67	NUM
issue-346	117	14	1,64	1,64	NUM
issue-346	117	15	1,75	1,75	NUM
issue-346	117	16	1,65	1,65	NUM
issue-346	117	17	1,58	1,58	NUM
issue-346	117	18	1,48	1,48	NUM
issue-346	118	1	1,37	1,37	NUM
issue-346	119	1	1,32	1,32	NUM
issue-346	119	2	1,19	1,19	NUM
issue-346	119	3	1,14	1,14	NUM
issue-346	119	4	source	source	NOUN
issue-346	119	5	:	:	PUNCT
issue-346	119	6	compiled	compile	VERB
issue-346	119	7	by	by	ADP
issue-346	119	8	the	the	DET
issue-346	119	9	authors	author	NOUN
issue-346	119	10	table	table	VERB
issue-346	119	11	2	2	NUM
issue-346	119	12	monthly	monthly	ADJ
issue-346	119	13	profitability	profitability	NOUN
issue-346	119	14	of	of	ADP
issue-346	119	15	ukrainian	ukrainian	ADJ
issue-346	119	16	stock	stock	NOUN
issue-346	119	17	market	market	NOUN
issue-346	119	18	in	in	ADP
issue-346	119	19	2017	2017	NUM
issue-346	119	20	(	(	PUNCT
issue-346	119	21	based	base	VERB
issue-346	119	22	on	on	ADP
issue-346	119	23	the	the	DET
issue-346	119	24	ux	ux	PROPN
issue-346	119	25	index	index	NOUN
issue-346	119	26	)	)	PUNCT
issue-346	119	27	in	in	ADP
issue-346	119	28	various	various	ADJ
issue-346	119	29	horizon	horizon	NOUN
issue-346	119	30	periods	period	NOUN
issue-346	119	31	,	,	PUNCT
issue-346	119	32	%	%	INTJ
issue-346	119	33	investment	investment	NOUN
issue-346	119	34	horizon	horizon	NOUN
issue-346	119	35	periods	period	NOUN
issue-346	119	36	(	(	PUNCT
issue-346	119	37	months	month	NOUN
issue-346	119	38	)	)	PUNCT
issue-346	119	39	1	1	NUM
issue-346	119	40	m.	m.	NOUN
issue-346	119	41	2	2	NUM
issue-346	119	42	m.	m.	NOUN
issue-346	119	43	3	3	NUM
issue-346	119	44	m.	m.	NOUN
issue-346	119	45	4	4	NUM
issue-346	119	46	m.	m.	NOUN
issue-346	119	47	5	5	NUM
issue-346	119	48	m.	m.	NOUN
issue-346	119	49	6	6	NUM
issue-346	119	50	m.	m.	NOUN
issue-346	119	51	7	7	NUM
issue-346	119	52	m.	m.	NOUN
issue-346	119	53	8	8	NUM
issue-346	119	54	m.	m.	NOUN
issue-346	119	55	9	9	NUM
issue-346	119	56	m.	m.	NOUN
issue-346	119	57	10	10	NUM
issue-346	119	58	m.	m.	NOUN
issue-346	119	59	11	11	NUM
issue-346	119	60	m.	m.	NOUN
issue-346	119	61	12	12	NUM
issue-346	119	62	m.	m.	NOUN
issue-346	119	63	4,61	4,61	NUM
issue-346	119	64	4,51	4,51	NOUN
issue-346	119	65	4,34	4,34	NUM
issue-346	120	1	4,03	4,03	NUM
issue-346	120	2	3,96	3,96	NUM
issue-346	120	3	4,19	4,19	NUM
issue-346	121	1	4,27	4,27	PRON
issue-346	121	2	4,19	4,19	NUM
issue-346	122	1	4,42	4,42	NUM
issue-346	122	2	4,91	4,91	NOUN
issue-346	123	1	5,32	5,32	NUM
issue-346	123	2	5,80	5,80	NUM
issue-346	123	3	source	source	NOUN
issue-346	123	4	:	:	PUNCT
issue-346	123	5	calculated	calculate	VERB
issue-346	123	6	by	by	ADP
issue-346	123	7	the	the	DET
issue-346	123	8	authors	author	NOUN
issue-346	123	9	table	table	VERB
issue-346	123	10	3	3	NUM
issue-346	123	11	expected	expect	VERB
issue-346	123	12	and	and	CCONJ
issue-346	123	13	real	real	ADJ
issue-346	123	14	monthly	monthly	ADJ
issue-346	123	15	profitability	profitability	NOUN
issue-346	123	16	of	of	ADP
issue-346	123	17	the	the	DET
issue-346	123	18	ukrainian	ukrainian	ADJ
issue-346	123	19	emitters	emitter	NOUN
issue-346	123	20	’	'	PUNCT
issue-346	123	21	securities	security	NOUN
issue-346	123	22	in	in	ADP
issue-346	123	23	various	various	ADJ
issue-346	123	24	investment	investment	NOUN
issue-346	123	25	horizon	horizon	NOUN
issue-346	123	26	periods	period	NOUN
issue-346	123	27	in	in	ADP
issue-346	123	28	2017	2017	NUM
issue-346	123	29	,	,	PUNCT
issue-346	123	30	%	%	NOUN
issue-346	123	31	emitters	emitter	NOUN
issue-346	123	32	’	'	PUNCT
issue-346	123	33	securities	security	NOUN
issue-346	123	34	investment	investment	NOUN
issue-346	123	35	horizon	horizon	NOUN
issue-346	123	36	periods	period	NOUN
issue-346	123	37	(	(	PUNCT
issue-346	123	38	months	month	NOUN
issue-346	123	39	)	)	PUNCT
issue-346	123	40	1	1	NUM
issue-346	123	41	m.	m.	NOUN
issue-346	123	42	2	2	NUM
issue-346	123	43	m.	m.	NOUN
issue-346	123	44	3	3	NUM
issue-346	123	45	m.	m.	NOUN
issue-346	123	46	4	4	NUM
issue-346	123	47	m.	m.	NOUN
issue-346	123	48	5	5	NUM
issue-346	123	49	m.	m.	NOUN
issue-346	123	50	6	6	NUM
issue-346	123	51	m.	m.	NOUN
issue-346	123	52	7	7	NUM
issue-346	123	53	m.	m.	NOUN
issue-346	123	54	8	8	NUM
issue-346	123	55	m.	m.	NOUN
issue-346	123	56	9	9	NUM
issue-346	123	57	m.	m.	NOUN
issue-346	123	58	10	10	NUM
issue-346	123	59	m.	m.	NOUN
issue-346	123	60	11	11	NUM
issue-346	123	61	m.	m.	NOUN
issue-346	123	62	12	12	NUM
issue-346	123	63	m.	m.	NOUN
issue-346	123	64	pjsc	pjsc	PROPN
issue-346	123	65	raiffeisen	raiffeisen	PROPN
issue-346	123	66	bank	bank	PROPN
issue-346	123	67	aval	aval	PROPN
issue-346	123	68	ri	ri	PROPN
issue-346	124	1	4,80	4,80	NUM
issue-346	124	2	5,24	5,24	NUM
issue-346	124	3	5,10	5,10	NUM
issue-346	124	4	4,95	4,95	ADJ
issue-346	124	5	5,04	5,04	NUM
issue-346	124	6	5,47	5,47	NUM
issue-346	124	7	5,78	5,78	NUM
issue-346	124	8	5,83	5,83	NUM
issue-346	124	9	6,38	6,38	NOUN
issue-346	125	1	7,45	7,45	NUM
issue-346	125	2	8,39	8,39	NUM
issue-346	125	3	9,68	9,68	NUM
issue-346	126	1	ria	ria	PROPN
issue-346	126	2	7,89	7,89	PROPN
issue-346	126	3	8,53	8,53	PROPN
issue-346	126	4	8,92	8,92	NUM
issue-346	126	5	7,54	7,54	NUM
issue-346	126	6	6,99	6,99	NUM
issue-346	126	7	7,44	7,44	NUM
issue-346	127	1	7,85	7,85	NOUN
issue-346	127	2	7,90	7,90	NUM
issue-346	127	3	8,61	8,61	NUM
issue-346	127	4	9,98	9,98	NOUN
issue-346	127	5	9,83	9,83	NUM
issue-346	127	6	9,95	9,95	NUM
issue-346	127	7	αі	αі	NUM
issue-346	127	8	3,09	3,09	NUM
issue-346	127	9	3,30	3,30	NUM
issue-346	127	10	3,82	3,82	NUM
issue-346	127	11	2,59	2,59	NUM
issue-346	127	12	1,94	1,94	NUM
issue-346	127	13	1,97	1,97	NUM
issue-346	127	14	2,07	2,07	NUM
issue-346	127	15	2,07	2,07	NUM
issue-346	127	16	2,23	2,23	NUM
issue-346	128	1	2,53	2,53	NUM
issue-346	128	2	1,44	1,44	NUM
issue-346	128	3	0,27	0,27	NUM
issue-346	128	4	pjsc	pjsc	NOUN
issue-346	128	5	“	"	PUNCT
issue-346	128	6	ukrsotsbank	ukrsotsbank	ADJ
issue-346	128	7	”	"	PUNCT
issue-346	128	8	ri	ri	PROPN
issue-346	128	9	3,65	3,65	NUM
issue-346	128	10	2,83	2,83	NUM
issue-346	128	11	2,48	2,48	NUM
issue-346	128	12	2,27	2,27	NUM
issue-346	128	13	2,08	2,08	NUM
issue-346	128	14	2,42	2,42	NUM
issue-346	128	15	2,58	2,58	NUM
issue-346	128	16	2,57	2,57	NUM
issue-346	128	17	2,77	2,77	NUM
issue-346	128	18	3,13	3,13	NUM
issue-346	128	19	3,52	3,52	NUM
issue-346	128	20	3,84	3,84	NUM
issue-346	128	21	ria	ria	PROPN
issue-346	129	1	3,37	3,37	NUM
issue-346	130	1	3,43	3,43	NUM
issue-346	130	2	3,53	3,53	NOUN
issue-346	130	3	2,95	2,95	NUM
issue-346	130	4	2,68	2,68	NUM
issue-346	130	5	2,57	2,57	NUM
issue-346	130	6	2,53	2,53	NUM
issue-346	130	7	2,75	2,75	NOUN
issue-346	130	8	3,12	3,12	NUM
issue-346	130	9	3,72	3,72	NUM
issue-346	130	10	3,63	3,63	NUM
issue-346	130	11	3,51	3,51	NUM
issue-346	130	12	αі	αі	PROPN
issue-346	130	13	-0,27	-0,27	PUNCT
issue-346	130	14	0,61	0,61	NUM
issue-346	130	15	1,04	1,04	NUM
issue-346	130	16	0,67	0,67	NUM
issue-346	130	17	0,61	0,61	PUNCT
issue-346	131	1	0,15	0,15	NUM
issue-346	131	2	-0,05	-0,05	X
issue-346	132	1	0,18	0,18	X
issue-346	133	1	0,35	0,35	NOUN
issue-346	134	1	0,59	0,59	NUM
issue-346	134	2	0,11	0,11	NOUN
issue-346	135	1	-0,33	-0,33	PUNCT
issue-346	135	2	baltic	baltic	PROPN
issue-346	135	3	journal	journal	PROPN
issue-346	135	4	of	of	ADP
issue-346	135	5	economic	economic	ADJ
issue-346	135	6	studies	study	NOUN
issue-346	135	7	167	167	NUM
issue-346	135	8	vol	vol	NOUN
issue-346	135	9	.	.	PROPN
issue-346	135	10	4	4	NUM
issue-346	135	11	,	,	PUNCT
issue-346	135	12	no	no	INTJ
issue-346	135	13	.	.	NOUN
issue-346	135	14	1	1	NUM
issue-346	135	15	,	,	PUNCT
issue-346	135	16	2018	2018	NUM
issue-346	135	17	which	which	PRON
issue-346	135	18	characterize	characterize	VERB
issue-346	135	19	the	the	DET
issue-346	135	20	excess	excess	ADJ
issue-346	135	21	profitability	profitability	NOUN
issue-346	135	22	witness	witness	NOUN
issue-346	135	23	about	about	ADP
issue-346	135	24	the	the	DET
issue-346	135	25	underestimation	underestimation	NOUN
issue-346	135	26	or	or	CCONJ
issue-346	135	27	overestimation	overestimation	NOUN
issue-346	135	28	of	of	ADP
issue-346	135	29	the	the	DET
issue-346	135	30	financial	financial	ADJ
issue-346	135	31	assets	asset	NOUN
issue-346	135	32	(	(	PUNCT
issue-346	135	33	mertens	mertens	PROPN
issue-346	135	34	,	,	PUNCT
issue-346	135	35	1997	1997	NUM
issue-346	135	36	)	)	PUNCT
issue-346	135	37	.	.	PUNCT
issue-346	136	1	4	4	X
issue-346	136	2	.	.	X
issue-346	136	3	conclusions	conclusion	NOUN
issue-346	136	4	summarizing	summarize	VERB
issue-346	136	5	the	the	DET
issue-346	136	6	conducted	conduct	VERB
issue-346	136	7	research	research	NOUN
issue-346	136	8	,	,	PUNCT
issue-346	136	9	it	it	PRON
issue-346	136	10	can	can	AUX
issue-346	136	11	be	be	AUX
issue-346	136	12	stated	state	VERB
issue-346	136	13	that	that	SCONJ
issue-346	136	14	the	the	DET
issue-346	136	15	application	application	NOUN
issue-346	136	16	of	of	ADP
issue-346	136	17	the	the	DET
issue-346	136	18	capm	capm	NOUN
issue-346	136	19	-	-	PUNCT
issue-346	136	20	model	model	NOUN
issue-346	136	21	in	in	ADP
issue-346	136	22	ukrainian	ukrainian	ADJ
issue-346	136	23	stock	stock	NOUN
issue-346	136	24	market	market	NOUN
issue-346	136	25	does	do	AUX
issue-346	136	26	not	not	PART
issue-346	136	27	give	give	VERB
issue-346	136	28	the	the	DET
issue-346	136	29	reliable	reliable	ADJ
issue-346	136	30	results	result	NOUN
issue-346	136	31	in	in	ADP
issue-346	136	32	any	any	DET
issue-346	136	33	investment	investment	NOUN
issue-346	136	34	horizon	horizon	NOUN
issue-346	136	35	period	period	NOUN
issue-346	136	36	.	.	PUNCT
issue-346	137	1	the	the	DET
issue-346	137	2	closest	close	ADJ
issue-346	137	3	to	to	ADP
issue-346	137	4	the	the	DET
issue-346	137	5	real	real	ADJ
issue-346	137	6	value	value	NOUN
issue-346	137	7	expected	expect	VERB
issue-346	137	8	profitability	profitability	NOUN
issue-346	137	9	result	result	NOUN
issue-346	137	10	was	be	AUX
issue-346	137	11	shown	show	VERB
issue-346	137	12	by	by	ADP
issue-346	137	13	the	the	DET
issue-346	137	14	shares	share	NOUN
issue-346	137	15	of	of	ADP
issue-346	137	16	the	the	DET
issue-346	137	17	emitters	emitter	NOUN
issue-346	137	18	of	of	ADP
issue-346	137	19	the	the	DET
issue-346	137	20	bank	bank	NOUN
issue-346	137	21	group	group	NOUN
issue-346	137	22	  	  	SPACE
issue-346	137	23	–	–	PUNCT
issue-346	137	24	public	public	ADJ
issue-346	137	25	jsc	jsc	PROPN
issue-346	137	26	raiffeisen	raiffeisen	PROPN
issue-346	137	27	bank	bank	PROPN
issue-346	137	28	aval	aval	NOUN
issue-346	137	29	and	and	CCONJ
issue-346	137	30	public	public	ADJ
issue-346	137	31	jsc	jsc	NOUN
issue-346	137	32	“	"	PUNCT
issue-346	137	33	ukrsocbank	ukrsocbank	NOUN
issue-346	137	34	”	"	PUNCT
issue-346	137	35	.	.	PUNCT
issue-346	138	1	the	the	DET
issue-346	138	2	securities	security	NOUN
issue-346	138	3	of	of	ADP
issue-346	138	4	all	all	DET
issue-346	138	5	other	other	ADJ
issue-346	138	6	investigated	investigate	VERB
issue-346	138	7	ukrainian	ukrainian	ADJ
issue-346	138	8	emitters	emitter	NOUN
issue-346	138	9	are	be	AUX
issue-346	138	10	characterized	characterize	VERB
issue-346	138	11	by	by	ADP
issue-346	138	12	the	the	DET
issue-346	138	13	great	great	ADJ
issue-346	138	14	value	value	NOUN
issue-346	138	15	deviation	deviation	NOUN
issue-346	138	16	of	of	ADP
issue-346	138	17	the	the	DET
issue-346	138	18	real	real	ADJ
issue-346	138	19	profitability	profitability	NOUN
issue-346	138	20	from	from	ADP
issue-346	138	21	the	the	DET
issue-346	138	22	expected	expect	VERB
issue-346	138	23	one	one	NOUN
issue-346	138	24	that	that	PRON
issue-346	138	25	is	be	AUX
issue-346	138	26	proved	prove	VERB
issue-346	138	27	by	by	ADP
issue-346	138	28	the	the	DET
issue-346	138	29	high	high	ADJ
issue-346	138	30	value	value	NOUN
issue-346	138	31	of	of	ADP
issue-346	138	32	the	the	DET
issue-346	138	33	coefficient	coefficient	NOUN
issue-346	138	34	α	α	NOUN
issue-346	138	35	,	,	PUNCT
issue-346	138	36	which	which	PRON
issue-346	138	37	,	,	PUNCT
issue-346	138	38	sometimes	sometimes	ADV
issue-346	138	39	,	,	PUNCT
issue-346	138	40	gets	get	VERB
issue-346	138	41	abnormal	abnormal	ADJ
issue-346	138	42	values	value	NOUN
issue-346	138	43	(	(	PUNCT
issue-346	138	44	for	for	ADP
issue-346	138	45	example	example	NOUN
issue-346	138	46	:	:	PUNCT
issue-346	138	47	public	public	ADJ
issue-346	138	48	jsc	jsc	NOUN
issue-346	138	49	“	"	PUNCT
issue-346	138	50	dtek	dtek	NOUN
issue-346	138	51	dniprooblenergo	dniprooblenergo	NOUN
issue-346	138	52	”	"	PUNCT
issue-346	138	53	and	and	CCONJ
issue-346	138	54	public	public	ADJ
issue-346	138	55	jsc	jsc	NOUN
issue-346	138	56	“	"	PUNCT
issue-346	138	57	dtek	dtek	NOUN
issue-346	138	58	dniproenergo	dniproenergo	PROPN
issue-346	138	59	”	"	PUNCT
issue-346	138	60	)	)	PUNCT
issue-346	138	61	.	.	PUNCT
issue-346	139	1	at	at	ADP
issue-346	139	2	this	this	PRON
issue-346	139	3	,	,	PUNCT
issue-346	139	4	it	it	PRON
issue-346	139	5	is	be	AUX
issue-346	139	6	almost	almost	ADV
issue-346	139	7	impossible	impossible	ADJ
issue-346	139	8	to	to	PART
issue-346	139	9	state	state	VERB
issue-346	139	10	the	the	DET
issue-346	139	11	clear	clear	ADJ
issue-346	139	12	consistency	consistency	NOUN
issue-346	139	13	of	of	ADP
issue-346	139	14	behaviour	behaviour	NOUN
issue-346	139	15	of	of	ADP
issue-346	139	16	indexes	index	NOUN
issue-346	139	17	of	of	ADP
issue-346	139	18	expected	expect	VERB
issue-346	139	19	and	and	CCONJ
issue-346	139	20	real	real	ADJ
issue-346	139	21	profitability	profitability	NOUN
issue-346	139	22	depending	depend	VERB
issue-346	139	23	on	on	ADP
issue-346	139	24	the	the	DET
issue-346	139	25	investment	investment	NOUN
issue-346	139	26	horizon	horizon	NOUN
issue-346	139	27	periods	period	NOUN
issue-346	139	28	.	.	PUNCT
issue-346	140	1	it	it	PRON
issue-346	140	2	casts	cast	VERB
issue-346	140	3	doubt	doubt	NOUN
issue-346	140	4	on	on	ADP
issue-346	140	5	the	the	DET
issue-346	140	6	possibility	possibility	NOUN
issue-346	140	7	of	of	ADP
issue-346	140	8	the	the	DET
issue-346	140	9	adequate	adequate	ADJ
issue-346	140	10	and	and	CCONJ
issue-346	140	11	correct	correct	ADJ
issue-346	140	12	application	application	NOUN
issue-346	140	13	of	of	ADP
issue-346	140	14	the	the	DET
issue-346	140	15	capm	capm	NOUN
issue-346	140	16	-	-	PUNCT
issue-346	140	17	model	model	NOUN
issue-346	140	18	in	in	ADP
issue-346	140	19	ukrainian	ukrainian	ADJ
issue-346	140	20	stock	stock	NOUN
issue-346	140	21	market	market	NOUN
issue-346	140	22	.	.	PUNCT
issue-346	141	1	this	this	DET
issue-346	141	2	conclusion	conclusion	NOUN
issue-346	141	3	,	,	PUNCT
issue-346	141	4	in	in	ADP
issue-346	141	5	general	general	ADJ
issue-346	141	6	,	,	PUNCT
issue-346	141	7	coincides	coincide	VERB
issue-346	141	8	with	with	ADP
issue-346	141	9	the	the	DET
issue-346	141	10	conclusions	conclusion	NOUN
issue-346	141	11	of	of	ADP
issue-346	141	12	many	many	ADJ
issue-346	141	13	scientists	scientist	NOUN
issue-346	141	14	,	,	PUNCT
issue-346	141	15	who	who	PRON
issue-346	141	16	conducted	conduct	VERB
issue-346	141	17	similar	similar	ADJ
issue-346	141	18	studies	study	NOUN
issue-346	141	19	in	in	ADP
issue-346	141	20	the	the	DET
issue-346	141	21	stock	stock	NOUN
issue-346	141	22	markets	market	NOUN
issue-346	141	23	of	of	ADP
issue-346	141	24	other	other	ADJ
issue-346	141	25	developing	develop	VERB
issue-346	141	26	countries	country	NOUN
issue-346	141	27	.	.	PUNCT
issue-346	142	1	considering	consider	VERB
issue-346	142	2	what	what	PRON
issue-346	142	3	is	be	AUX
issue-346	142	4	stated	state	VERB
issue-346	142	5	above	above	ADV
issue-346	142	6	,	,	PUNCT
issue-346	142	7	the	the	DET
issue-346	142	8	perspective	perspective	NOUN
issue-346	142	9	of	of	ADP
issue-346	142	10	the	the	DET
issue-346	142	11	further	further	ADJ
issue-346	142	12	researches	research	NOUN
issue-346	142	13	is	be	AUX
issue-346	142	14	an	an	DET
issue-346	142	15	attempt	attempt	NOUN
issue-346	142	16	to	to	PART
issue-346	142	17	adapt	adapt	VERB
issue-346	142	18	the	the	DET
issue-346	142	19	capmmodel	capmmodel	NOUN
issue-346	142	20	to	to	ADP
issue-346	142	21	ukrainian	ukrainian	ADJ
issue-346	142	22	realities	reality	NOUN
issue-346	142	23	,	,	PUNCT
issue-346	142	24	through	through	ADP
issue-346	142	25	taking	take	VERB
issue-346	142	26	into	into	ADP
issue-346	142	27	account	account	NOUN
issue-346	142	28	the	the	DET
issue-346	142	29	factors	factor	NOUN
issue-346	142	30	,	,	PUNCT
issue-346	142	31	which	which	PRON
issue-346	142	32	influence	influence	VERB
issue-346	142	33	the	the	DET
issue-346	142	34	profitability	profitability	NOUN
issue-346	142	35	of	of	ADP
issue-346	142	36	the	the	DET
issue-346	142	37	securities	security	NOUN
issue-346	142	38	in	in	ADP
issue-346	142	39	ukrainian	ukrainian	ADJ
issue-346	142	40	stock	stock	NOUN
issue-346	142	41	market	market	NOUN
issue-346	142	42	.	.	PUNCT
issue-346	143	1	pjsc	pjsc	NOUN
issue-346	143	2	“	"	PUNCT
issue-346	143	3	ukrtelekom	ukrtelekom	PROPN
issue-346	143	4	”	"	PUNCT
issue-346	143	5	ri	ri	PROPN
issue-346	143	6	2,48	2,48	NUM
issue-346	143	7	3,30	3,30	NUM
issue-346	144	1	3,18	3,18	NUM
issue-346	144	2	2,90	2,90	NUM
issue-346	144	3	2,98	2,98	NUM
issue-346	144	4	3,06	3,06	NUM
issue-346	144	5	2,98	2,98	NOUN
issue-346	144	6	2,76	2,76	NUM
issue-346	145	1	2,67	2,67	NUM
issue-346	145	2	2,91	2,91	NUM
issue-346	145	3	2,93	2,93	NUM
issue-346	145	4	2,99	2,99	NUM
issue-346	145	5	ria	ria	PROPN
issue-346	145	6	0,77	0,77	NOUN
issue-346	145	7	0,37	0,37	NUM
issue-346	145	8	0,85	0,85	PUNCT
issue-346	146	1	1,23	1,23	NUM
issue-346	146	2	1,10	1,10	NUM
issue-346	146	3	1,11	1,11	NOUN
issue-346	146	4	1,13	1,13	NUM
issue-346	146	5	1,08	1,08	NUM
issue-346	146	6	1,09	1,09	NUM
issue-346	146	7	0,74	0,74	NUM
issue-346	146	8	0,12	0,12	NUM
issue-346	146	9	0,29	0,29	PUNCT
issue-346	147	1	αі	αі	PROPN
issue-346	148	1	-1,72	-1,72	PRON
issue-346	148	2	-2,93	-2,93	INTJ
issue-346	149	1	-2,33	-2,33	X
issue-346	149	2	-1,67	-1,67	PROPN
issue-346	149	3	-1,88	-1,88	INTJ
issue-346	149	4	-1,95	-1,95	PROPN
issue-346	149	5	-1,85	-1,85	NOUN
issue-346	149	6	-1,68	-1,68	PUNCT
issue-346	149	7	-1,58	-1,58	PUNCT
issue-346	149	8	-2,17	-2,17	PUNCT
issue-346	149	9	-2,81	-2,81	PUNCT
issue-346	149	10	-2,70	-2,70	PUNCT
issue-346	149	11	pjsc	pjsc	NOUN
issue-346	149	12	“	"	PUNCT
issue-346	149	13	dtek	dtek	PROPN
issue-346	149	14	dniprooblenerho	dniprooblenerho	PROPN
issue-346	149	15	”	"	PUNCT
issue-346	149	16	ri	ri	PROPN
issue-346	149	17	1,55	1,55	NUM
issue-346	149	18	2,42	2,42	NUM
issue-346	150	1	2,41	2,41	NUM
issue-346	150	2	2,79	2,79	NUM
issue-346	150	3	3,43	3,43	NUM
issue-346	150	4	4,15	4,15	NUM
issue-346	150	5	4,65	4,65	NOUN
issue-346	150	6	4,90	4,90	NUM
issue-346	150	7	6,86	6,86	NUM
issue-346	151	1	9,59	9,59	NUM
issue-346	152	1	10,51	10,51	NUM
issue-346	152	2	13,18	13,18	NUM
issue-346	152	3	ria	ria	PROPN
issue-346	152	4	16,57	16,57	NUM
issue-346	152	5	19,00	19,00	NUM
issue-346	152	6	17,93	17,93	NUM
issue-346	152	7	20,44	20,44	NUM
issue-346	152	8	22,38	22,38	NUM
issue-346	152	9	23,10	23,10	NUM
issue-346	152	10	25,56	25,56	NOUN
issue-346	152	11	30,36	30,36	NOUN
issue-346	152	12	27,00	27,00	NUM
issue-346	152	13	20,50	20,50	NUM
issue-346	153	1	20,99	20,99	NOUN
issue-346	153	2	13,01	13,01	NUM
issue-346	153	3	αі	αі	NUM
issue-346	153	4	15,01	15,01	ADJ
issue-346	153	5	16,58	16,58	NUM
issue-346	153	6	15,51	15,51	NUM
issue-346	153	7	17,65	17,65	NUM
issue-346	153	8	18,95	18,95	NUM
issue-346	153	9	18,96	18,96	NUM
issue-346	153	10	20,91	20,91	NUM
issue-346	153	11	25,45	25,45	NOUN
issue-346	153	12	20,14	20,14	NUM
issue-346	153	13	10,90	10,90	NUM
issue-346	153	14	10,47	10,47	NUM
issue-346	153	15	-0,17	-0,17	NOUN
issue-346	153	16	pjsc	pjsc	NOUN
issue-346	153	17	“	"	PUNCT
issue-346	153	18	dtek	dtek	NOUN
issue-346	153	19	dneproenergo	dneproenergo	PROPN
issue-346	153	20	”	"	PUNCT
issue-346	153	21	ri	ri	PROPN
issue-346	153	22	3,45	3,45	NUM
issue-346	153	23	4,28	4,28	NUM
issue-346	154	1	3,66	3,66	NUM
issue-346	154	2	3,74	3,74	NOUN
issue-346	155	1	4,44	4,44	NOUN
issue-346	155	2	5,40	5,40	NUM
issue-346	155	3	6,02	6,02	NUM
issue-346	155	4	6,48	6,48	NUM
issue-346	155	5	7,80	7,80	NOUN
issue-346	155	6	9,69	9,69	NUM
issue-346	156	1	10,84	10,84	ADJ
issue-346	156	2	12,43	12,43	ADJ
issue-346	156	3	ria	ria	PROPN
issue-346	156	4	15,07	15,07	NUM
issue-346	156	5	18,34	18,34	NUM
issue-346	156	6	21,32	21,32	NUM
issue-346	156	7	25,64	25,64	NUM
issue-346	156	8	28,77	28,77	NUM
issue-346	156	9	26,92	26,92	NUM
issue-346	156	10	24,54	24,54	NUM
issue-346	156	11	25,51	25,51	NOUN
issue-346	156	12	23,72	23,72	NUM
issue-346	156	13	18,47	18,47	NUM
issue-346	156	14	17,14	17,14	NUM
issue-346	156	15	19,43	19,43	NUM
issue-346	156	16	αі	αі	NUM
issue-346	156	17	11,62	11,62	NUM
issue-346	156	18	14,06	14,06	NUM
issue-346	156	19	17,65	17,65	NUM
issue-346	156	20	21,90	21,90	NUM
issue-346	156	21	24,33	24,33	NUM
issue-346	156	22	21,52	21,52	NUM
issue-346	156	23	18,52	18,52	NUM
issue-346	156	24	19,03	19,03	NUM
issue-346	156	25	15,92	15,92	NUM
issue-346	156	26	8,79	8,79	NOUN
issue-346	156	27	6,29	6,29	NUM
issue-346	156	28	6,99	6,99	NUM
issue-346	156	29	pjsc	pjsc	NOUN
issue-346	156	30	“	"	PUNCT
issue-346	156	31	centrenergo	centrenergo	NOUN
issue-346	156	32	”	"	PUNCT
issue-346	156	33	ri	ri	PROPN
issue-346	156	34	5,10	5,10	NUM
issue-346	156	35	5,25	5,25	NUM
issue-346	156	36	4,95	4,95	NUM
issue-346	156	37	4,46	4,46	NOUN
issue-346	156	38	4,41	4,41	NUM
issue-346	157	1	4,59	4,59	NUM
issue-346	158	1	4,75	4,75	NUM
issue-346	158	2	4,59	4,59	NUM
issue-346	159	1	4,76	4,76	NUM
issue-346	160	1	5,09	5,09	NUM
issue-346	161	1	5,38	5,38	NUM
issue-346	161	2	5,73	5,73	NUM
issue-346	161	3	ria	ria	PROPN
issue-346	161	4	1,88	1,88	PROPN
issue-346	161	5	1,21	1,21	NUM
issue-346	161	6	0,82	0,82	NOUN
issue-346	161	7	0,57	0,57	NOUN
issue-346	161	8	0,65	0,65	NUM
issue-346	161	9	0,86	0,86	NOUN
issue-346	162	1	0,88	0,88	PUNCT
issue-346	162	2	0,68	0,68	PRON
issue-346	162	3	0,56	0,56	NOUN
issue-346	162	4	0,75	0,75	NOUN
issue-346	163	1	1,12	1,12	NUM
issue-346	163	2	1,86	1,86	NUM
issue-346	163	3	αі	αі	PRON
issue-346	163	4	-3,22	-3,22	PUNCT
issue-346	163	5	-4,04	-4,04	PROPN
issue-346	163	6	-4,13	-4,13	PUNCT
issue-346	163	7	-3,89	-3,89	PUNCT
issue-346	163	8	-3,76	-3,76	PUNCT
issue-346	164	1	-3,74	-3,74	PUNCT
issue-346	164	2	-3,87	-3,87	PUNCT
issue-346	164	3	-3,91	-3,91	PUNCT
issue-346	164	4	-4,20	-4,20	X
issue-346	164	5	-4,34	-4,34	PUNCT
issue-346	164	6	-4,26	-4,26	PROPN
issue-346	164	7	-3,87	-3,87	PUNCT
issue-346	164	8	pjsc	pjsc	NOUN
issue-346	164	9	“	"	PUNCT
issue-346	164	10	motor	motor	NOUN
issue-346	164	11	sich	sich	NOUN
issue-346	164	12	”	"	PUNCT
issue-346	164	13	ri	ri	PROPN
issue-346	164	14	4,08	4,08	NUM
issue-346	164	15	3,77	3,77	NUM
issue-346	164	16	3,53	3,53	NUM
issue-346	164	17	3,07	3,07	NUM
issue-346	164	18	2,80	2,80	NUM
issue-346	164	19	2,92	2,92	NUM
issue-346	164	20	2,94	2,94	NUM
issue-346	164	21	2,90	2,90	NUM
issue-346	164	22	2,99	2,99	PROPN
issue-346	164	23	3,24	3,24	NUM
issue-346	165	1	3,45	3,45	NUM
issue-346	165	2	3,71	3,71	NUM
issue-346	165	3	ria	ria	PROPN
issue-346	165	4	6,09	6,09	NOUN
issue-346	165	5	5,88	5,88	NUM
issue-346	166	1	5,57	5,57	NUM
issue-346	166	2	5,67	5,67	NOUN
issue-346	167	1	5,70	5,70	PROPN
issue-346	167	2	5,79	5,79	NUM
issue-346	168	1	5,94	5,94	NUM
issue-346	168	2	6,10	6,10	NUM
issue-346	169	1	6,35	6,35	NUM
issue-346	170	1	6,61	6,61	NUM
issue-346	170	2	7,38	7,38	NUM
issue-346	170	3	8,25	8,25	NUM
issue-346	170	4	αі	αі	PRON
issue-346	171	1	2,01	2,01	NUM
issue-346	171	2	2,11	2,11	NOUN
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issue-346	171	4	2,60	2,60	NUM
issue-346	171	5	2,90	2,90	NUM
issue-346	171	6	2,87	2,87	NOUN
issue-346	171	7	3,00	3,00	NUM
issue-346	171	8	3,20	3,20	NUM
issue-346	171	9	3,35	3,35	NUM
issue-346	172	1	3,37	3,37	NUM
issue-346	172	2	3,93	3,93	NUM
issue-346	172	3	4,54	4,54	PRON
issue-346	172	4	pjsc	pjsc	NOUN
issue-346	172	5	“	"	PUNCT
issue-346	172	6	ukrnafta	ukrnafta	ADJ
issue-346	172	7	”	"	PUNCT
issue-346	172	8	ri	ri	PROPN
issue-346	172	9	5,87	5,87	NUM
issue-346	172	10	6,32	6,32	NUM
issue-346	173	1	6,32	6,32	NUM
issue-346	173	2	5,85	5,85	NUM
issue-346	173	3	5,91	5,91	NUM
issue-346	173	4	6,48	6,48	NUM
issue-346	173	5	6,52	6,52	NUM
issue-346	173	6	6,10	6,10	NUM
issue-346	173	7	6,23	6,23	NUM
issue-346	173	8	6,68	6,68	NUM
issue-346	173	9	6,93	6,93	NUM
issue-346	173	10	7,10	7,10	NUM
issue-346	173	11	ria	ria	PROPN
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issue-346	173	15	2,35	2,35	NUM
issue-346	174	1	2,66	2,66	ADP
issue-346	174	2	2,81	2,81	NUM
issue-346	174	3	2,74	2,74	NUM
issue-346	174	4	2,55	2,55	SYM
issue-346	174	5	2,29	2,29	NUM
issue-346	174	6	2,07	2,07	NUM
issue-346	175	1	2,62	2,62	NUM
issue-346	175	2	2,69	2,69	NUM
issue-346	175	3	αі	αі	X
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issue-346	175	8	-3,25	-3,25	PUNCT
issue-346	175	9	-3,68	-3,68	PUNCT
issue-346	176	1	-3,78	-3,78	NUM
issue-346	176	2	-3,55	-3,55	INTJ
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issue-346	177	3	-4,30	-4,30	PROPN
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issue-346	177	5	pjsc	pjsc	NOUN
issue-346	177	6	“	"	PUNCT
issue-346	177	7	kryukov	kryukov	X
issue-346	177	8	railway	railway	NOUN
issue-346	177	9	car	car	NOUN
issue-346	177	10	building	building	NOUN
issue-346	177	11	works	work	NOUN
issue-346	177	12	”	"	PUNCT
issue-346	177	13	ri	ri	PROPN
issue-346	177	14	3,56	3,56	NUM
issue-346	177	15	3,42	3,42	NUM
issue-346	178	1	3,15	3,15	NUM
issue-346	178	2	2,87	2,87	NOUN
issue-346	179	1	2,94	2,94	NUM
issue-346	179	2	3,17	3,17	NUM
issue-346	179	3	3,16	3,16	NUM
issue-346	179	4	3,02	3,02	NUM
issue-346	179	5	3,12	3,12	NUM
issue-346	179	6	3,41	3,41	NUM
issue-346	179	7	3,52	3,52	NUM
issue-346	179	8	3,62	3,62	NUM
issue-346	179	9	ria	ria	PROPN
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issue-346	179	14	0,31	0,31	PUNCT
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issue-346	181	1	0,43	0,43	NUM
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issue-346	183	1	αі	αі	PRON
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issue-346	183	9	-2,74	-2,74	PUNCT
issue-346	183	10	-2,56	-2,56	PROPN
issue-346	183	11	-3,02	-3,02	PROPN
issue-346	183	12	-3,02	-3,02	PROPN
issue-346	183	13	-1,99	-1,99	PROPN
issue-346	183	14	pjsc	pjsc	PROPN
issue-346	183	15	“	"	PUNCT
issue-346	183	16	automobile	automobile	NOUN
issue-346	183	17	company	company	NOUN
issue-346	183	18	”	"	PUNCT
issue-346	183	19	bogdan	bogdan	PROPN
issue-346	183	20	motors	motors	PROPN
issue-346	183	21	”	"	PUNCT
issue-346	183	22	ri	ri	PROPN
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issue-346	183	24	6,21	6,21	NUM
issue-346	184	1	6,49	6,49	NUM
issue-346	184	2	5,86	5,86	NUM
issue-346	184	3	6,05	6,05	NUM
issue-346	185	1	6,16	6,16	NUM
issue-346	185	2	6,08	6,08	NUM
issue-346	185	3	5,65	5,65	NUM
issue-346	185	4	5,63	5,63	NUM
issue-346	185	5	6,12	6,12	NUM
issue-346	185	6	6,09	6,09	NOUN
issue-346	185	7	6,47	6,47	NUM
issue-346	185	8	ria	ria	PROPN
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issue-346	186	2	1,77	1,77	NUM
issue-346	186	3	1,08	1,08	NUM
issue-346	186	4	0,64	0,64	NUM
issue-346	186	5	0,93	0,93	NOUN
issue-346	187	1	0,97	0,97	NUM
issue-346	187	2	1,08	1,08	NUM
issue-346	187	3	0,93	0,93	NOUN
issue-346	187	4	0,44	0,44	PUNCT
issue-346	188	1	0,79	0,79	X
issue-346	189	1	1,20	1,20	NUM
issue-346	190	1	2,64	2,64	NUM
issue-346	191	1	αі	αі	PRON
issue-346	191	2	-1,58	-1,58	PUNCT
issue-346	191	3	-4,44	-4,44	PUNCT
issue-346	191	4	-5,41	-5,41	PROPN
issue-346	191	5	-5,22	-5,22	X
issue-346	191	6	-5,12	-5,12	PROPN
issue-346	191	7	-5,18	-5,18	PUNCT
issue-346	192	1	-5,00	-5,00	PUNCT
issue-346	192	2	-4,71	-4,71	INTJ
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issue-346	192	4	-5,33	-5,33	ADP
issue-346	192	5	-4,89	-4,89	PROPN
issue-346	192	6	-3,83	-3,83	PUNCT
issue-346	192	7	source	source	NOUN
issue-346	192	8	:	:	PUNCT
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issue-346	192	10	by	by	ADP
issue-346	192	11	the	the	DET
issue-346	192	12	authors	author	NOUN
issue-346	192	13	end	end	VERB
issue-346	192	14	of	of	ADP
issue-346	192	15	table	table	NOUN
issue-346	192	16	3	3	NUM
issue-346	192	17	references	reference	NOUN
issue-346	192	18	:	:	PUNCT
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issue-346	192	20	,	,	PUNCT
issue-346	192	21	н	н	PRON
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issue-346	193	1	(	(	PUNCT
issue-346	193	2	1952	1952	NUM
issue-346	193	3	)	)	PUNCT
issue-346	193	4	.	.	PUNCT
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issue-346	194	3	.	.	PUNCT
issue-346	195	1	the	the	DET
issue-346	195	2	journal	journal	PROPN
issue-346	195	3	of	of	ADP
issue-346	195	4	finance	finance	NOUN
issue-346	195	5	,	,	PUNCT
issue-346	195	6	7(1	7(1	NUM
issue-346	195	7	)	)	PUNCT
issue-346	195	8	,	,	PUNCT
issue-346	195	9	  	  	SPACE
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issue-346	195	11	-	-	SYM
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issue-346	195	13	.	.	PUNCT
issue-346	195	14	  	  	SPACE
issue-346	195	15	retrieved	retrieve	VERB
issue-346	195	16	  	  	SPACE
issue-346	195	17	from	from	ADP
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issue-346	195	20	in	in	ADP
issue-346	195	21	eng	eng	PROPN
issue-346	195	22	.	.	PUNCT
issue-346	195	23	)	)	PUNCT
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issue-346	196	2	,	,	PUNCT
issue-346	196	3	w.	w.	PROPN
issue-346	196	4	f.	f.	PROPN
issue-346	196	5	(	(	PUNCT
issue-346	196	6	1964	1964	NUM
issue-346	196	7	)	)	PUNCT
issue-346	196	8	.	.	PUNCT
issue-346	197	1	capital	capital	NOUN
issue-346	197	2	asset	asset	NOUN
issue-346	197	3	prices	price	NOUN
issue-346	197	4	:	:	PUNCT
issue-346	197	5	a	a	DET
issue-346	197	6	theory	theory	NOUN
issue-346	197	7	of	of	ADP
issue-346	197	8	market	market	NOUN
issue-346	197	9	equilibrium	equilibrium	NOUN
issue-346	197	10	under	under	ADP
issue-346	197	11	conditions	condition	NOUN
issue-346	197	12	of	of	ADP
issue-346	197	13	risk	risk	NOUN
issue-346	197	14	.	.	PUNCT
issue-346	198	1	journal	journal	NOUN
issue-346	198	2	of	of	ADP
issue-346	198	3	finance	finance	NOUN
issue-346	198	4	,	,	PUNCT
issue-346	198	5	19	19	NUM
issue-346	198	6	,	,	PUNCT
issue-346	198	7	425	425	NUM
issue-346	198	8	-	-	SYM
issue-346	198	9	442	442	NUM
issue-346	198	10	.	.	PUNCT
issue-346	199	1	(	(	PUNCT
issue-346	199	2	in	in	ADP
issue-346	199	3	eng	eng	PROPN
issue-346	199	4	.	.	PUNCT
issue-346	199	5	)	)	PUNCT
issue-346	199	6	treynor	treynor	NOUN
issue-346	199	7	,	,	PUNCT
issue-346	199	8	j.	j.	PROPN
issue-346	199	9	l.	l.	PROPN
issue-346	199	10	,	,	PUNCT
issue-346	199	11	(	(	PUNCT
issue-346	199	12	1962	1962	NUM
issue-346	199	13	)	)	PUNCT
issue-346	199	14	.	.	PUNCT
issue-346	200	1	toward	toward	ADP
issue-346	200	2	a	a	DET
issue-346	200	3	theory	theory	NOUN
issue-346	200	4	of	of	ADP
issue-346	200	5	market	market	NOUN
issue-346	200	6	value	value	NOUN
issue-346	200	7	of	of	ADP
issue-346	200	8	risky	risky	ADJ
issue-346	200	9	assets	asset	NOUN
issue-346	200	10	,	,	PUNCT
issue-346	200	11	unpublished	unpublished	ADJ
issue-346	200	12	manuscript	manuscript	NOUN
issue-346	200	13	.	.	PUNCT
issue-346	201	1	a	a	DET
issue-346	201	2	final	final	ADJ
issue-346	201	3	version	version	NOUN
issue-346	201	4	was	be	AUX
issue-346	201	5	published	publish	VERB
issue-346	201	6	in	in	ADP
issue-346	201	7	1999	1999	NUM
issue-346	201	8	,	,	PUNCT
issue-346	201	9	in	in	ADP
issue-346	201	10	asset	asset	NOUN
issue-346	201	11	pricing	pricing	NOUN
issue-346	201	12	and	and	CCONJ
issue-346	201	13	portfolio	portfolio	NOUN
issue-346	201	14	performance	performance	NOUN
issue-346	201	15	:	:	PUNCT
issue-346	201	16	models	model	NOUN
issue-346	201	17	,	,	PUNCT
issue-346	201	18	strategy	strategy	NOUN
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issue-346	201	20	performance	performance	NOUN
issue-346	201	21	metrics	metric	NOUN
issue-346	201	22	.	.	PUNCT
issue-346	202	1	robert	robert	PROPN
issue-346	202	2	a.	a.	PROPN
issue-346	202	3	korajczyk	korajczyk	PROPN
issue-346	202	4	(	(	PUNCT
issue-346	202	5	editor	editor	NOUN
issue-346	202	6	)	)	PUNCT
issue-346	202	7	london	london	PROPN
issue-346	202	8	:	:	PUNCT
issue-346	202	9	risk	risk	NOUN
issue-346	202	10	books	book	NOUN
issue-346	202	11	,	,	PUNCT
issue-346	202	12	pp	pp	ADJ
issue-346	202	13	.	.	PUNCT
issue-346	203	1	15	15	NUM
issue-346	203	2	-	-	SYM
issue-346	203	3	22	22	NUM
issue-346	203	4	.	.	PUNCT
issue-346	204	1	(	(	PUNCT
issue-346	204	2	in	in	ADP
issue-346	204	3	eng	eng	PROPN
issue-346	204	4	.	.	PUNCT
issue-346	204	5	)	)	PUNCT
issue-346	204	6	lintner	lintner	PROPN
issue-346	204	7	,	,	PUNCT
issue-346	204	8	j.	j.	PROPN
issue-346	204	9	(	(	PUNCT
issue-346	204	10	1965	1965	NUM
issue-346	204	11	)	)	PUNCT
issue-346	204	12	.	.	PUNCT
issue-346	205	1	the	the	DET
issue-346	205	2	valuation	valuation	NOUN
issue-346	205	3	of	of	ADP
issue-346	205	4	risk	risk	NOUN
issue-346	205	5	assets	asset	NOUN
issue-346	205	6	and	and	CCONJ
issue-346	205	7	the	the	DET
issue-346	205	8	selection	selection	NOUN
issue-346	205	9	of	of	ADP
issue-346	205	10	risky	risky	ADJ
issue-346	205	11	investments	investment	NOUN
issue-346	205	12	in	in	ADP
issue-346	205	13	stock	stock	NOUN
issue-346	205	14	portfolios	portfolio	NOUN
issue-346	205	15	and	and	CCONJ
issue-346	205	16	capital	capital	NOUN
issue-346	205	17	budgets	budget	NOUN
issue-346	205	18	.	.	PUNCT
issue-346	206	1	the	the	DET
issue-346	206	2	review	review	NOUN
issue-346	206	3	of	of	ADP
issue-346	206	4	economics	economic	NOUN
issue-346	206	5	and	and	CCONJ
issue-346	206	6	statistics	statistic	NOUN
issue-346	206	7	,	,	PUNCT
issue-346	206	8	47(1),13	47(1),13	NUM
issue-346	206	9	-	-	SYM
issue-346	206	10	37	37	NUM
issue-346	206	11	.	.	PUNCT
issue-346	207	1	(	(	PUNCT
issue-346	207	2	in	in	ADP
issue-346	207	3	eng	eng	PROPN
issue-346	207	4	.	.	PUNCT
issue-346	207	5	)	)	PUNCT
issue-346	207	6	mossin	mossin	PROPN
issue-346	207	7	,	,	PUNCT
issue-346	207	8	j.	j.	PROPN
issue-346	207	9	(	(	PUNCT
issue-346	207	10	1966	1966	NUM
issue-346	207	11	)	)	PUNCT
issue-346	207	12	.	.	PUNCT
issue-346	208	1	equilibrium	equilibrium	NOUN
issue-346	208	2	in	in	ADP
issue-346	208	3	a	a	DET
issue-346	208	4	capital	capital	NOUN
issue-346	208	5	asset	asset	NOUN
issue-346	208	6	market	market	NOUN
issue-346	208	7	.	.	PUNCT
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issue-346	209	2	,	,	PUNCT
issue-346	209	3	34(4	34(4	NUM
issue-346	209	4	)	)	PUNCT
issue-346	209	5	,	,	PUNCT
issue-346	209	6	768	768	NUM
issue-346	209	7	-	-	SYM
issue-346	209	8	783	783	NUM
issue-346	209	9	.	.	PUNCT
issue-346	210	1	(	(	PUNCT
issue-346	210	2	in	in	ADP
issue-346	210	3	eng	eng	PROPN
issue-346	210	4	.	.	PUNCT
issue-346	210	5	)	)	PUNCT
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issue-346	210	11	168	168	NUM
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issue-346	210	13	.	.	PROPN
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issue-346	211	2	,	,	PUNCT
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issue-346	211	5	1	1	NUM
issue-346	211	6	,	,	PUNCT
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issue-346	211	11	,	,	PUNCT
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issue-346	211	13	,	,	PUNCT
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issue-346	211	15	.	.	PROPN
issue-346	211	16	,	,	PUNCT
issue-346	211	17	&	&	CCONJ
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issue-346	211	19	,	,	PUNCT
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issue-346	211	21	(	(	PUNCT
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issue-346	211	23	)	)	PUNCT
issue-346	211	24	.	.	PUNCT
issue-346	212	1	the	the	DET
issue-346	212	2	capital	capital	NOUN
issue-346	212	3	asset	asset	NOUN
issue-346	212	4	pricing	pricing	NOUN
issue-346	212	5	model	model	NOUN
issue-346	212	6	:	:	PUNCT
issue-346	212	7	some	some	DET
issue-346	212	8	empirical	empirical	ADJ
issue-346	212	9	tests	test	NOUN
issue-346	212	10	.	.	PUNCT
issue-346	213	1	studies	study	NOUN
issue-346	213	2	in	in	ADP
issue-346	213	3	the	the	DET
issue-346	213	4	theory	theory	NOUN
issue-346	213	5	of	of	ADP
issue-346	213	6	capital	capital	NOUN
issue-346	213	7	markets	market	NOUN
issue-346	213	8	.	.	PUNCT
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issue-346	214	3	:	:	PUNCT
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issue-346	214	6	inc	inc	PROPN
issue-346	214	7	.	.	PROPN
issue-346	214	8	,	,	PUNCT
issue-346	214	9	54	54	NUM
issue-346	214	10	.	.	PUNCT
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issue-346	215	3	:	:	PUNCT
issue-346	215	4	13	13	NUM
issue-346	215	5	jun	jun	PROPN
issue-346	215	6	2006	2006	NUM
issue-346	215	7	.	.	PUNCT
issue-346	215	8	 	 	SPACE
issue-346	215	9	–	–	PUNCT
issue-346	215	10	retrieved	retrieve	VERB
issue-346	215	11	 	 	SPACE
issue-346	215	12	from	from	ADP
issue-346	215	13	http://www.efalken.com/lowvolclassics/blackjensenscholes.pdf	http://www.efalken.com/lowvolclassics/blackjensenscholes.pdf	PROPN
issue-346	215	14	(	(	PUNCT
issue-346	215	15	in	in	ADP
issue-346	215	16	eng	eng	PROPN
issue-346	215	17	.	.	PUNCT
issue-346	215	18	)	)	PUNCT
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issue-346	216	2	,	,	PUNCT
issue-346	216	3	o.	o.	PROPN
issue-346	216	4	,	,	PUNCT
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issue-346	216	6	,	,	PUNCT
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issue-346	216	8	,	,	PUNCT
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issue-346	216	11	,	,	PUNCT
issue-346	216	12	n.	n.	NOUN
issue-346	216	13	(	(	PUNCT
issue-346	216	14	2017	2017	NUM
issue-346	216	15	)	)	PUNCT
issue-346	216	16	.	.	PUNCT
issue-346	217	1	a	a	DET
issue-346	217	2	comparative	comparative	ADJ
issue-346	217	3	analysis	analysis	NOUN
issue-346	217	4	of	of	ADP
issue-346	217	5	stock	stock	NOUN
issue-346	217	6	market	market	NOUN
issue-346	217	7	volatility	volatility	NOUN
issue-346	217	8	depending	depend	VERB
issue-346	217	9	on	on	ADP
issue-346	217	10	investment	investment	NOUN
issue-346	217	11	time	time	NOUN
issue-346	217	12	horizon	horizon	NOUN
issue-346	217	13	.	.	PUNCT
issue-346	218	1	economic	economic	ADJ
issue-346	218	2	annals	annal	NOUN
issue-346	218	3	-	-	PUNCT
issue-346	218	4	xxi	xxi	ADJ
issue-346	218	5	,	,	PUNCT
issue-346	218	6	167(9	167(9	NUM
issue-346	218	7	-	-	SYM
issue-346	218	8	10	10	NUM
issue-346	218	9	)	)	PUNCT
issue-346	218	10	,	,	PUNCT
issue-346	218	11	49	49	NUM
issue-346	218	12	-	-	SYM
issue-346	218	13	52	52	NUM
issue-346	218	14	.	.	PUNCT
issue-346	219	1	https://doi.org/10.21003/ea.v167-10	https://doi.org/10.21003/ea.v167-10	INTJ
issue-346	219	2	(	(	PUNCT
issue-346	219	3	in	in	ADP
issue-346	219	4	eng	eng	PROPN
issue-346	219	5	.	.	PUNCT
issue-346	219	6	)	)	PUNCT
issue-346	220	1	kompleksna	kompleksna	PROPN
issue-346	220	2	prohrama	prohrama	PROPN
issue-346	220	3	rozvytku	rozvytku	NOUN
issue-346	220	4	finansovoho	finansovoho	PROPN
issue-346	220	5	sektoru	sektoru	PROPN
issue-346	220	6	ukrainy	ukrainy	ADJ
issue-346	220	7	do	do	X
issue-346	220	8	2020	2020	NUM
issue-346	221	1	roku	roku	NOUN
issue-346	221	2	[	[	X
issue-346	221	3	complex	complex	ADJ
issue-346	221	4	program	program	NOUN
issue-346	221	5	of	of	ADP
issue-346	221	6	ukrainian	ukrainian	ADJ
issue-346	221	7	financial	financial	ADJ
issue-346	221	8	sector	sector	NOUN
issue-346	221	9	development	development	NOUN
issue-346	221	10	till	till	SCONJ
issue-346	221	11	2020	2020	NUM
issue-346	221	12	]	]	PUNCT
issue-346	221	13	.	.	PUNCT
issue-346	222	1	(	(	PUNCT
issue-346	222	2	2015	2015	NUM
issue-346	222	3	)	)	PUNCT
issue-346	222	4	revised	revise	VERB
issue-346	222	5	by	by	ADP
issue-346	222	6	the	the	DET
issue-346	222	7	solution	solution	NOUN
issue-346	222	8	of	of	ADP
issue-346	222	9	the	the	DET
issue-346	222	10	national	national	PROPN
issue-346	222	11	bank	bank	PROPN
issue-346	222	12	of	of	ADP
issue-346	222	13	ukraine	ukraine	PROPN
issue-346	222	14	administration	administration	NOUN
issue-346	222	15	on	on	ADP
issue-346	222	16	16	16	NUM
issue-346	222	17	jan	jan	PROPN
issue-346	222	18	2018	2018	NUM
issue-346	222	19	,	,	PUNCT
issue-346	222	20	№	№	ADP
issue-346	222	21	28	28	NUM
issue-346	222	22	.	.	PUNCT
issue-346	223	1	retrieved	retrieve	VERB
issue-346	223	2	 	 	SPACE
issue-346	223	3	from	from	ADP
issue-346	223	4	https://bank.gov.ua/doccatalog/document?id=43352266	https://bank.gov.ua/doccatalog/document?id=43352266	PROPN
issue-346	223	5	(	(	PUNCT
issue-346	223	6	in	in	ADP
issue-346	223	7	ukrainian	ukrainian	ADJ
issue-346	223	8	)	)	PUNCT
issue-346	223	9	fama	fama	PROPN
issue-346	223	10	,	,	PUNCT
issue-346	223	11	e.f	e.f	PROPN
issue-346	223	12	.	.	PROPN
issue-346	223	13	,	,	PUNCT
issue-346	223	14	&	&	CCONJ
issue-346	223	15	french	french	PROPN
issue-346	223	16	,	,	PUNCT
issue-346	223	17	k.	k.	PROPN
issue-346	223	18	r.	r.	PROPN
issue-346	223	19	(	(	PUNCT
issue-346	223	20	1992	1992	NUM
issue-346	223	21	)	)	PUNCT
issue-346	223	22	.	.	PUNCT
issue-346	224	1	the	the	DET
issue-346	224	2	cross	cross	NOUN
issue-346	224	3	-	-	NOUN
issue-346	224	4	section	section	NOUN
issue-346	224	5	of	of	ADP
issue-346	224	6	expected	expect	VERB
issue-346	224	7	stock	stock	NOUN
issue-346	224	8	returns	return	NOUN
issue-346	224	9	.	.	PUNCT
issue-346	225	1	journal	journal	NOUN
issue-346	225	2	of	of	ADP
issue-346	225	3	finance	finance	PROPN
issue-346	225	4	,	,	PUNCT
issue-346	225	5	47(2	47(2	PROPN
issue-346	225	6	)	)	PUNCT
issue-346	225	7	,	,	PUNCT
issue-346	225	8	427	427	NUM
issue-346	225	9	-	-	SYM
issue-346	225	10	65	65	NUM
issue-346	225	11	.	.	PUNCT
issue-346	225	12	 	 	SPACE
issue-346	225	13	–	–	PUNCT
issue-346	225	14	retrieved	retrieve	VERB
issue-346	225	15	 	 	SPACE
issue-346	225	16	from	from	ADP
issue-346	225	17	https://www.ivey.uwo.ca/cmsmedia/3775518/the_cross-section_of_expected_stock	https://www.ivey.uwo.ca/cmsmedia/3775518/the_cross-section_of_expected_stock	NOUN
issue-346	225	18	_	_	PRON
issue-346	225	19	returns.pdf	returns.pdf	NOUN
issue-346	225	20	(	(	PUNCT
issue-346	225	21	in	in	ADP
issue-346	225	22	eng	eng	PROPN
issue-346	225	23	.	.	PUNCT
issue-346	225	24	)	)	PUNCT
issue-346	226	1	roll	roll	PROPN
issue-346	226	2	,	,	PUNCT
issue-346	226	3	r.	r.	PROPN
issue-346	226	4	(	(	PUNCT
issue-346	226	5	1977	1977	NUM
issue-346	226	6	)	)	PUNCT
issue-346	226	7	.	.	PUNCT
issue-346	227	1	a	a	DET
issue-346	227	2	critique	critique	NOUN
issue-346	227	3	of	of	ADP
issue-346	227	4	the	the	DET
issue-346	227	5	asset	asset	NOUN
issue-346	227	6	pricing	pricing	NOUN
issue-346	227	7	theory	theory	NOUN
issue-346	227	8	's	's	PART
issue-346	227	9	tests	test	NOUN
issue-346	227	10	part	part	VERB
issue-346	228	1	i	i	X
issue-346	228	2	:	:	PUNCT
issue-346	228	3	on	on	ADP
issue-346	228	4	past	past	NOUN
issue-346	228	5	and	and	CCONJ
issue-346	228	6	potential	potential	ADJ
issue-346	228	7	testability	testability	NOUN
issue-346	228	8	of	of	ADP
issue-346	228	9	the	the	DET
issue-346	228	10	theory	theory	NOUN
issue-346	228	11	.	.	PUNCT
issue-346	229	1	journal	journal	NOUN
issue-346	229	2	of	of	ADP
issue-346	229	3	financial	financial	ADJ
issue-346	229	4	economics	economic	NOUN
issue-346	229	5	,	,	PUNCT
issue-346	229	6	4(2	4(2	NUM
issue-346	229	7	)	)	PUNCT
issue-346	229	8	,	,	PUNCT
issue-346	229	9	129	129	NUM
issue-346	229	10	-	-	SYM
issue-346	229	11	176	176	NUM
issue-346	229	12	.	.	PUNCT
issue-346	230	1	(	(	PUNCT
issue-346	230	2	in	in	ADP
issue-346	230	3	eng	eng	PROPN
issue-346	230	4	.	.	PUNCT
issue-346	230	5	)	)	PUNCT
issue-346	230	6	levy	levy	NOUN
issue-346	230	7	,	,	PUNCT
issue-346	230	8	r.a	r.a	PROPN
issue-346	230	9	.	.	PROPN
issue-346	230	10	(	(	PUNCT
issue-346	230	11	1971	1971	NUM
issue-346	230	12	)	)	PUNCT
issue-346	230	13	.	.	PUNCT
issue-346	231	1	on	on	ADP
issue-346	231	2	the	the	DET
issue-346	231	3	short	short	ADJ
issue-346	231	4	-	-	PUNCT
issue-346	231	5	term	term	NOUN
issue-346	231	6	stationarity	stationarity	NOUN
issue-346	231	7	of	of	ADP
issue-346	231	8	beta	beta	ADJ
issue-346	231	9	coefficients	coefficient	NOUN
issue-346	231	10	.	.	PUNCT
issue-346	232	1	financial	financial	ADJ
issue-346	232	2	analysts	analyst	NOUN
issue-346	232	3	journal	journal	NOUN
issue-346	232	4	,	,	PUNCT
issue-346	232	5	27(6	27(6	NUM
issue-346	232	6	)	)	PUNCT
issue-346	232	7	,	,	PUNCT
issue-346	232	8	55	55	NUM
issue-346	232	9	-	-	SYM
issue-346	232	10	61	61	NUM
issue-346	232	11	.	.	PUNCT
issue-346	233	1	(	(	PUNCT
issue-346	233	2	in	in	ADP
issue-346	233	3	eng	eng	PROPN
issue-346	233	4	.	.	PUNCT
issue-346	233	5	)	)	PUNCT
issue-346	234	1	blume	blume	PROPN
issue-346	234	2	,	,	PUNCT
issue-346	234	3	m.e	m.e	PROPN
issue-346	234	4	.	.	PROPN
issue-346	234	5	(	(	PUNCT
issue-346	234	6	1975	1975	NUM
issue-346	234	7	)	)	PUNCT
issue-346	234	8	.	.	PUNCT
issue-346	235	1	betas	beta	NOUN
issue-346	235	2	and	and	CCONJ
issue-346	235	3	then	then	ADV
issue-346	235	4	regression	regression	VERB
issue-346	235	5	tendencies	tendency	NOUN
issue-346	235	6	.	.	PUNCT
issue-346	236	1	journal	journal	PROPN
issue-346	236	2	of	of	ADP
issue-346	236	3	finance	finance	NOUN
issue-346	236	4	,	,	PUNCT
issue-346	236	5	 	 	SPACE
issue-346	236	6	30(3	30(3	NOUN
issue-346	236	7	)	)	PUNCT
issue-346	236	8	,	,	PUNCT
issue-346	236	9	 	 	SPACE
issue-346	236	10	785	785	NUM
issue-346	236	11	-	-	SYM
issue-346	236	12	795	795	NUM
issue-346	236	13	.	.	PUNCT
issue-346	236	14	 	 	SPACE
issue-346	236	15	retrieved	retrieve	VERB
issue-346	236	16	  	  	SPACE
issue-346	236	17	from	from	ADP
issue-346	236	18	http://www.stat.ucla.edu/~nchristo/statistics417/blume_betas.pdf	http://www.stat.ucla.edu/~nchristo/statistics417/blume_betas.pdf	PROPN
issue-346	236	19	(	(	PUNCT
issue-346	236	20	in	in	ADP
issue-346	236	21	eng	eng	PROPN
issue-346	236	22	.	.	PUNCT
issue-346	236	23	)	)	PUNCT
issue-346	237	1	scholes	schole	NOUN
issue-346	237	2	,	,	PUNCT
issue-346	237	3	m.	m.	NOUN
issue-346	237	4	,	,	PUNCT
issue-346	237	5	&	&	CCONJ
issue-346	237	6	 	 	SPACE
issue-346	237	7	williams	williams	PROPN
issue-346	237	8	j.	j.	PROPN
issue-346	237	9	(	(	PUNCT
issue-346	237	10	1977	1977	NUM
issue-346	237	11	)	)	PUNCT
issue-346	237	12	.	.	PUNCT
issue-346	238	1	estimating	estimate	VERB
issue-346	238	2	betas	beta	NOUN
issue-346	238	3	from	from	ADP
issue-346	238	4	nonsynchronous	nonsynchronous	ADJ
issue-346	238	5	data	datum	NOUN
issue-346	238	6	.	.	PUNCT
issue-346	239	1	journal	journal	PROPN
issue-346	239	2	of	of	ADP
issue-346	239	3	financial	financial	ADJ
issue-346	239	4	economics	economic	NOUN
issue-346	239	5	,	,	PUNCT
issue-346	239	6	5(3	5(3	NUM
issue-346	239	7	)	)	PUNCT
issue-346	239	8	,	,	PUNCT
issue-346	239	9	309	309	NUM
issue-346	239	10	-	-	SYM
issue-346	239	11	327.(in	327.(in	NUM
issue-346	239	12	eng	eng	PROPN
issue-346	239	13	.	.	PUNCT
issue-346	239	14	)	)	PUNCT
issue-346	240	1	merton	merton	PROPN
issue-346	240	2	,	,	PUNCT
issue-346	240	3	r.	r.	PROPN
issue-346	240	4	(	(	PUNCT
issue-346	240	5	1973	1973	NUM
issue-346	240	6	)	)	PUNCT
issue-346	240	7	.	.	PUNCT
issue-346	241	1	theory	theory	NOUN
issue-346	241	2	of	of	ADP
issue-346	241	3	rational	rational	ADJ
issue-346	241	4	option	option	NOUN
issue-346	241	5	pricing	pricing	NOUN
issue-346	241	6	.	.	PUNCT
issue-346	242	1	bell	bell	PROPN
issue-346	242	2	journal	journal	PROPN
issue-346	242	3	of	of	ADP
issue-346	242	4	economics	economic	NOUN
issue-346	242	5	and	and	CCONJ
issue-346	242	6	management	management	NOUN
issue-346	242	7	science	science	NOUN
issue-346	242	8	,	,	PUNCT
issue-346	242	9	4(1	4(1	NOUN
issue-346	242	10	)	)	PUNCT
issue-346	242	11	,	,	PUNCT
issue-346	242	12	141–183	141–183	NUM
issue-346	242	13	.	.	PUNCT
issue-346	242	14	retrieved	retrieve	VERB
issue-346	242	15	from	from	ADP
issue-346	242	16	http://www.people.hbs.edu/rmerton/theory%20of%20rational%20option%20	http://www.people.hbs.edu/rmerton/theory%20of%20rational%20option%20	X
issue-346	242	17	pricing.pdf	pricing.pdf	X
issue-346	242	18	(	(	PUNCT
issue-346	242	19	in	in	ADP
issue-346	242	20	eng	eng	PROPN
issue-346	242	21	.	.	PUNCT
issue-346	242	22	)	)	PUNCT
issue-346	243	1	harvey	harvey	PROPN
issue-346	243	2	,	,	PUNCT
issue-346	243	3	c.r	c.r	PROPN
issue-346	243	4	.	.	PROPN
issue-346	244	1	(	(	PUNCT
issue-346	244	2	1989).time	1989).time	ADV
issue-346	244	3	-	-	PUNCT
issue-346	244	4	varying	vary	VERB
issue-346	244	5	conditional	conditional	ADJ
issue-346	244	6	covariance	covariance	NOUN
issue-346	244	7	’s	’s	X
issue-346	244	8	in	in	ADP
issue-346	244	9	tests	test	NOUN
issue-346	244	10	of	of	ADP
issue-346	244	11	asset	asset	NOUN
issue-346	244	12	pricing	pricing	NOUN
issue-346	244	13	models	model	NOUN
issue-346	244	14	.	.	PUNCT
issue-346	245	1	journal	journal	NOUN
issue-346	245	2	of	of	ADP
issue-346	245	3	financial	financial	ADJ
issue-346	245	4	economics	economic	NOUN
issue-346	245	5	,	,	PUNCT
issue-346	245	6	24(.2	24(.2	NUM
issue-346	245	7	)	)	PUNCT
issue-346	245	8	,	,	PUNCT
issue-346	245	9	289	289	NUM
issue-346	245	10	-	-	SYM
issue-346	245	11	317	317	NUM
issue-346	245	12	(	(	PUNCT
issue-346	245	13	in	in	ADP
issue-346	245	14	eng	eng	PROPN
issue-346	245	15	.	.	PUNCT
issue-346	245	16	)	)	PUNCT
issue-346	246	1	robertson	robertson	PROPN
issue-346	246	2	,	,	PUNCT
issue-346	246	3	d.	d.	PROPN
issue-346	246	4	&	&	CCONJ
issue-346	246	5	wright	wright	PROPN
issue-346	246	6	s.	s.	PROPN
issue-346	246	7	(	(	PUNCT
issue-346	246	8	1998	1998	NUM
issue-346	246	9	)	)	PUNCT
issue-346	246	10	.	.	PUNCT
issue-346	247	1	the	the	DET
issue-346	247	2	good	good	PROPN
issue-346	247	3	news	news	PROPN
issue-346	247	4	and	and	CCONJ
issue-346	247	5	the	the	DET
issue-346	247	6	bad	bad	ADJ
issue-346	247	7	news	news	NOUN
issue-346	247	8	about	about	ADP
issue-346	247	9	long	long	ADV
issue-346	247	10	-	-	PUNCT
issue-346	247	11	run	run	VERB
issue-346	247	12	stock	stock	NOUN
issue-346	247	13	market	market	NOUN
issue-346	247	14	returns	return	NOUN
issue-346	247	15	(	(	PUNCT
issue-346	247	16	working	working	NOUN
issue-346	247	17	paper	paper	NOUN
issue-346	247	18	)	)	PUNCT
issue-346	247	19	.	.	PUNCT
issue-346	248	1	university	university	PROPN
issue-346	248	2	of	of	ADP
issue-346	248	3	cambridge	cambridge	PROPN
issue-346	248	4	..	..	PUNCT
issue-346	248	5	pdf	pdf	NOUN
issue-346	248	6	retrieved	retrieve	VERB
issue-346	248	7	  	  	SPACE
issue-346	248	8	from	from	ADP
issue-346	248	9	https://www.repository.cam.ac.uk/bitstream/handle/1810/412/	https://www.repository.cam.ac.uk/bitstream/handle/1810/412/	PRON
issue-346	248	10	stocks?sequence=1&isallowed	stocks?sequence=1&isallowe	VERB
issue-346	248	11	=	=	PROPN
issue-346	248	12	y	y	PROPN
issue-346	248	13	(	(	PUNCT
issue-346	248	14	in	in	ADP
issue-346	248	15	eng	eng	PROPN
issue-346	248	16	.	.	PUNCT
issue-346	248	17	)	)	PUNCT
issue-346	249	1	ibbotson	ibbotson	PROPN
issue-346	249	2	,	,	PUNCT
issue-346	249	3	r.	r.	PROPN
issue-346	249	4	&	&	CCONJ
issue-346	249	5	chen	chen	PROPN
issue-346	249	6	,	,	PUNCT
issue-346	249	7	p.	p.	NOUN
issue-346	249	8	(	(	PUNCT
issue-346	249	9	2002	2002	NUM
issue-346	249	10	)	)	PUNCT
issue-346	249	11	.	.	PUNCT
issue-346	250	1	stock	stock	NOUN
issue-346	250	2	market	market	NOUN
issue-346	250	3	returns	return	NOUN
issue-346	250	4	in	in	ADP
issue-346	250	5	the	the	DET
issue-346	250	6	long	long	ADJ
issue-346	250	7	run	run	NOUN
issue-346	250	8	:	:	PUNCT
issue-346	250	9	participating	participate	VERB
issue-346	250	10	in	in	ADP
issue-346	250	11	the	the	DET
issue-346	250	12	real	real	ADJ
issue-346	250	13	economy	economy	NOUN
issue-346	250	14	(	(	PUNCT
issue-346	250	15	yale	yale	PROPN
issue-346	250	16	icf	icf	PROPN
issue-346	250	17	working	working	PROPN
issue-346	250	18	paper	paper	NOUN
issue-346	250	19	№	№	ADV
issue-346	250	20	0.00	0.00	NUM
issue-346	250	21	-	-	SYM
issue-346	250	22	44	44	NUM
issue-346	250	23	)	)	PUNCT
issue-346	250	24	.	.	PUNCT
issue-346	251	1	yale	yale	PROPN
issue-346	251	2	school	school	PROPN
issue-346	251	3	of	of	ADP
issue-346	251	4	management	management	NOUN
issue-346	251	5	.	.	PUNCT
issue-346	252	1	retrieved	retrieve	VERB
issue-346	252	2	from	from	ADP
issue-346	252	3	https://papers.ssrn.com/sol3/papers	https://papers.ssrn.com/sol3/paper	NOUN
issue-346	252	4	.	.	PUNCT
issue-346	253	1	cfm?abstract_id=274150	cfm?abstract_id=274150	PROPN
issue-346	253	2	(	(	PUNCT
issue-346	253	3	in	in	ADP
issue-346	253	4	eng	eng	PROPN
issue-346	253	5	.	.	PUNCT
issue-346	253	6	)	)	PUNCT
issue-346	254	1	gibson	gibson	PROPN
issue-346	254	2	,	,	PUNCT
issue-346	254	3	r.	r.	PROPN
issue-346	254	4	(	(	PUNCT
issue-346	254	5	2013	2013	NUM
issue-346	254	6	)	)	PUNCT
issue-346	254	7	.	.	PUNCT
issue-346	255	1	asset	asset	NOUN
issue-346	255	2	allocation	allocation	NOUN
issue-346	255	3	:	:	PUNCT
issue-346	255	4	balancing	balance	VERB
issue-346	255	5	financial	financial	ADJ
issue-346	255	6	risk	risk	NOUN
issue-346	255	7	:	:	PUNCT
issue-346	255	8	fifth	fifth	ADJ
issue-346	255	9	edition	edition	NOUN
issue-346	255	10	.	.	PUNCT
issue-346	256	1	n.	n.	PROPN
issue-346	256	2	y.	y.	PROPN
issue-346	256	3	:	:	PUNCT
issue-346	256	4	mcgraw	mcgraw	PROPN
issue-346	256	5	-	-	PUNCT
issue-346	256	6	hill	hill	NOUN
issue-346	256	7	education	education	PROPN
issue-346	256	8	llc	llc	PROPN
issue-346	256	9	(	(	PUNCT
issue-346	256	10	in	in	ADP
issue-346	256	11	eng	eng	PROPN
issue-346	256	12	.	.	PUNCT
issue-346	256	13	)	)	PUNCT
issue-346	257	1	berzon	berzon	PROPN
issue-346	257	2	,	,	PUNCT
issue-346	257	3	n.	n.	PROPN
issue-346	257	4	i.	i.	PROPN
issue-346	257	5	(	(	PUNCT
issue-346	257	6	2014	2014	NUM
issue-346	257	7	)	)	PUNCT
issue-346	257	8	.	.	PUNCT
issue-346	258	1	ocenka	ocenka	PROPN
issue-346	258	2	finansovyh	finansovyh	PROPN
issue-346	258	3	aktivov	aktivov	PROPN
issue-346	258	4	po	po	PROPN
issue-346	258	5	kriteriju	kriteriju	PROPN
issue-346	258	6	«	«	PUNCT
issue-346	258	7	risk	risk	NOUN
issue-346	258	8	-	-	PUNCT
issue-346	258	9	dohodnost	dohodnost	NOUN
issue-346	258	10	»	»	PUNCT
issue-346	258	11	s	s	PART
issue-346	258	12	uchetom	uchetom	ADJ
issue-346	258	13	dlitelnosti	dlitelnosti	NOUN
issue-346	258	14	investirovanija	investirovanija	VERB
issue-346	259	1	[	[	X
issue-346	259	2	assessment	assessment	NOUN
issue-346	259	3	of	of	ADP
issue-346	259	4	financial	financial	ADJ
issue-346	259	5	assets	asset	NOUN
issue-346	259	6	by	by	ADP
issue-346	259	7	the	the	DET
issue-346	259	8	ratio	ratio	NOUN
issue-346	259	9	of	of	ADP
issue-346	259	10	"	"	PUNCT
issue-346	259	11	risk	risk	NOUN
issue-346	259	12	-	-	PUNCT
issue-346	259	13	yield	yield	NOUN
issue-346	259	14	"	"	PUNCT
issue-346	259	15	,	,	PUNCT
issue-346	259	16	taking	take	VERB
issue-346	259	17	into	into	ADP
issue-346	259	18	consideration	consideration	NOUN
issue-346	259	19	the	the	DET
issue-346	259	20	duration	duration	NOUN
issue-346	259	21	of	of	ADP
issue-346	259	22	investments	investment	NOUN
issue-346	259	23	]	]	PUNCT
issue-346	259	24	.	.	PUNCT
issue-346	260	1	vestnik	vestnik	PROPN
issue-346	260	2	moskovskogo	moskovskogo	PROPN
issue-346	260	3	universiteta	universiteta	VERB
issue-346	260	4	imeni	imeni	PROPN
issue-346	260	5	s.	s.	PROPN
issue-346	260	6	ju	ju	PROPN
issue-346	260	7	.	.	PUNCT
issue-346	261	1	vitte	vitte	PROPN
issue-346	261	2	.	.	PUNCT
issue-346	262	1	serija	serija	VERB
issue-346	262	2	1	1	NUM
issue-346	262	3	:	:	PUNCT
issue-346	262	4	jekonomika	jekonomika	NOUN
issue-346	262	5	i	i	PRON
issue-346	262	6	upravlenie	upravlenie	VERB
issue-346	262	7	  	  	SPACE
issue-346	262	8	–	–	PUNCT
issue-346	262	9	moscow	moscow	PROPN
issue-346	262	10	witte	witte	PROPN
issue-346	262	11	university	university	PROPN
issue-346	262	12	bulletin	bulletin	NOUN
issue-346	262	13	.	.	PUNCT
issue-346	263	1	series	series	PROPN
issue-346	263	2	1	1	NUM
issue-346	263	3	:	:	PUNCT
issue-346	263	4	economics	economic	NOUN
issue-346	263	5	and	and	CCONJ
issue-346	263	6	management	management	NOUN
issue-346	263	7	,	,	PUNCT
issue-346	263	8	 	 	SPACE
issue-346	263	9	2(8	2(8	NUM
issue-346	263	10	)	)	PUNCT
issue-346	263	11	,	,	PUNCT
issue-346	263	12	 	 	SPACE
issue-346	263	13	39	39	NUM
issue-346	263	14	-	-	SYM
issue-346	263	15	52	52	NUM
issue-346	263	16	.	.	PUNCT
issue-346	263	17	 	 	SPACE
issue-346	263	18	retrieved	retrieve	VERB
issue-346	263	19	 	 	SPACE
issue-346	263	20	from	from	ADP
issue-346	263	21	https://www.muiv.ru/vestnik/pdf/eu/	https://www.muiv.ru/vestnik/pdf/eu/	VERB
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issue-346	263	23	(	(	PUNCT
issue-346	263	24	in	in	ADP
issue-346	263	25	russian	russian	ADJ
issue-346	263	26	)	)	PUNCT
issue-346	263	27	abramov	abramov	PROPN
issue-346	263	28	,	,	PUNCT
issue-346	263	29	a.	a.	NOUN
issue-346	263	30	,	,	PUNCT
issue-346	263	31	radygin	radygin	NOUN
issue-346	263	32	,	,	PUNCT
issue-346	263	33	a.	a.	PROPN
issue-346	263	34	&	&	CCONJ
issue-346	263	35	chernova	chernova	PROPN
issue-346	263	36	,	,	PUNCT
issue-346	263	37	m.	m.	NOUN
issue-346	263	38	(	(	PUNCT
issue-346	263	39	2015	2015	NUM
issue-346	263	40	)	)	PUNCT
issue-346	263	41	.	.	PUNCT
issue-346	264	1	dolgosrochnye	dolgosrochnye	PROPN
issue-346	264	2	portfelnye	portfelnye	PROPN
issue-346	264	3	investicii	investicii	PROPN
issue-346	264	4	:	:	PUNCT
issue-346	264	5	novyj	novyj	PROPN
issue-346	264	6	vzgljad	vzgljad	NOUN
issue-346	264	7	na	na	PART
issue-346	264	8	dohodnost	dohodnost	VERB
issue-346	264	9	i	i	PRON
issue-346	264	10	riski	riski	VERB
issue-346	265	1	[	[	X
issue-346	265	2	long	long	ADJ
issue-346	265	3	-	-	PUNCT
issue-346	265	4	term	term	NOUN
issue-346	265	5	portfolio	portfolio	NOUN
issue-346	265	6	investment	investment	NOUN
issue-346	265	7	:	:	PUNCT
issue-346	265	8	new	new	ADJ
issue-346	265	9	insight	insight	NOUN
issue-346	265	10	into	into	ADP
issue-346	265	11	return	return	NOUN
issue-346	265	12	and	and	CCONJ
issue-346	265	13	risk	risk	NOUN
issue-346	265	14	]	]	PUNCT
issue-346	265	15	.	.	PUNCT
issue-346	266	1	voprosy	voprosy	PROPN
issue-346	266	2	jekonomiki	jekonomiki	PROPN
issue-346	266	3	  	  	SPACE
issue-346	266	4	–	–	PUNCT
issue-346	266	5	  	  	SPACE
issue-346	266	6	voprosy	voprosy	NOUN
issue-346	266	7	ekonomiki	ekonomiki	NOUN
issue-346	266	8	,	,	PUNCT
issue-346	266	9	10	10	NUM
issue-346	266	10	,	,	PUNCT
issue-346	266	11	54	54	NUM
issue-346	266	12	-	-	SYM
issue-346	266	13	77	77	NUM
issue-346	266	14	(	(	PUNCT
issue-346	266	15	in	in	ADP
issue-346	266	16	russian	russian	ADJ
issue-346	266	17	)	)	PUNCT
issue-346	266	18	boyarskiy	boyarskiy	PROPN
issue-346	266	19	,	,	PUNCT
issue-346	266	20	a.	a.	NOUN
issue-346	266	21	(	(	PUNCT
issue-346	266	22	2016	2016	NUM
issue-346	266	23	)	)	PUNCT
issue-346	266	24	.	.	PUNCT
issue-346	267	1	faktor	faktor	PROPN
issue-346	267	2	vremeni	vremeni	PROPN
issue-346	267	3	v	v	ADP
issue-346	267	4	ocenke	ocenke	PROPN
issue-346	267	5	jeffektivnosti	jeffektivnosti	NOUN
issue-346	267	6	portfelnyh	portfelnyh	NOUN
issue-346	267	7	investicij	investicij	CCONJ
issue-346	267	8	na	na	INTJ
issue-346	267	9	rossijskom	rossijskom	PROPN
issue-346	267	10	fondovom	fondovom	ADJ
issue-346	267	11	rynke	rynke	NOUN
issue-346	268	1	[	[	X
issue-346	268	2	time	time	NOUN
issue-346	268	3	factor	factor	NOUN
issue-346	268	4	in	in	ADP
issue-346	268	5	the	the	DET
issue-346	268	6	estimation	estimation	NOUN
issue-346	268	7	of	of	ADP
issue-346	268	8	the	the	DET
issue-346	268	9	indirect	indirect	ADJ
issue-346	268	10	investment	investment	NOUN
issue-346	268	11	efficiency	efficiency	NOUN
issue-346	268	12	in	in	ADP
issue-346	268	13	the	the	DET
issue-346	268	14	russian	russian	ADJ
issue-346	268	15	stock	stock	NOUN
issue-346	268	16	market	market	NOUN
issue-346	268	17	]	]	PUNCT
issue-346	268	18	.	.	PUNCT
issue-346	269	1	http://abnsecurities	http://abnsecurities	PROPN
issue-346	269	2	.	.	PUNCT
issue-346	269	3	blogspot.com/	blogspot.com/	PROPN
issue-346	269	4	retrieved	retrieve	VERB
issue-346	269	5	from	from	ADP
issue-346	269	6	http://abnsecurities.blogspot.com/2016/03/blog-post.html	http://abnsecurities.blogspot.com/2016/03/blog-post.html	ADV
issue-346	269	7	(	(	PUNCT
issue-346	269	8	in	in	ADP
issue-346	269	9	russian	russian	ADJ
issue-346	269	10	)	)	PUNCT
issue-346	269	11	diakonov	diakonov	PROPN
issue-346	269	12	,	,	PUNCT
issue-346	269	13	k.m	k.m	PROPN
issue-346	269	14	.	.	PROPN
issue-346	269	15	&	&	CCONJ
issue-346	269	16	oleksich	oleksich	PROPN
issue-346	269	17	,	,	PUNCT
issue-346	269	18	d.	d.	PROPN
issue-346	269	19	v.	v.	PROPN
issue-346	269	20	(	(	PUNCT
issue-346	269	21	2010	2010	NUM
issue-346	269	22	)	)	PUNCT
issue-346	269	23	.	.	PUNCT
issue-346	270	1	mekhanizm	mekhanizm	PROPN
issue-346	270	2	urakhuvannia	urakhuvannia	PROPN
issue-346	270	3	vplyvu	vplyvu	PROPN
issue-346	270	4	ryzykiv	ryzykiv	NOUN
issue-346	270	5	na	na	ADP
issue-346	270	6	otsinku	otsinku	ADJ
issue-346	270	7	finansovykh	finansovykh	NOUN
issue-346	270	8	instrumentiv	instrumentiv	PROPN
issue-346	270	9	za	za	PROPN
issue-346	270	10	dopomohoiu	dopomohoiu	VERB
issue-346	270	11	beta	beta	NOUN
issue-346	270	12	-	-	PUNCT
issue-346	270	13	koefitsiienta	koefitsiienta	NOUN
issue-346	271	1	[	[	NOUN
issue-346	271	2	process	process	NOUN
issue-346	271	3	of	of	ADP
issue-346	271	4	consideration	consideration	NOUN
issue-346	271	5	of	of	ADP
issue-346	271	6	influence	influence	NOUN
issue-346	271	7	of	of	ADP
issue-346	271	8	the	the	DET
issue-346	271	9	risks	risk	NOUN
issue-346	271	10	on	on	ADP
issue-346	271	11	the	the	DET
issue-346	271	12	estimation	estimation	NOUN
issue-346	271	13	of	of	ADP
issue-346	271	14	financial	financial	ADJ
issue-346	271	15	assets	asset	NOUN
issue-346	271	16	with	with	ADP
issue-346	271	17	the	the	DET
issue-346	271	18	help	help	NOUN
issue-346	271	19	of	of	ADP
issue-346	271	20	β	β	NOUN
issue-346	271	21	-	-	NOUN
issue-346	271	22	coefficient	coefficient	NOUN
issue-346	271	23	]	]	X
issue-346	271	24	.	.	PUNCT
issue-346	272	1	zbirnyk	zbirnyk	PROPN
issue-346	272	2	naukovykh	naukovykh	PROPN
issue-346	272	3	prats	prats	PROPN
issue-346	272	4	cherkaskoho	cherkaskoho	PROPN
issue-346	272	5	derzhavnoho	derzhavnoho	PROPN
issue-346	272	6	tekhnolohichnoho	tekhnolohichnoho	PROPN
issue-346	272	7	universytetu	universytetu	PROPN
issue-346	272	8	.	.	PUNCT
issue-346	273	1	seriia	seriia	PROPN
issue-346	273	2	:	:	PUNCT
issue-346	273	3	ekonomichni	ekonomichni	PROPN
issue-346	273	4	nauky	nauky	PROPN
issue-346	273	5	 	 	SPACE
issue-346	273	6	–	–	PUNCT
issue-346	273	7	collected	collect	VERB
issue-346	273	8	works	work	NOUN
issue-346	273	9	"	"	PUNCT
issue-346	273	10	chstu	chstu	PROPN
issue-346	273	11	bulletin	bulletin	NOUN
issue-346	273	12	.	.	PUNCT
issue-346	274	1	series	series	NOUN
issue-346	274	2	:	:	PUNCT
issue-346	274	3	economics	economic	NOUN
issue-346	274	4	"	"	PUNCT
issue-346	274	5	,	,	PUNCT
issue-346	274	6	22(2	22(2	NUM
issue-346	274	7	)	)	PUNCT
issue-346	274	8	,	,	PUNCT
issue-346	274	9	127	127	NUM
issue-346	274	10	-	-	SYM
issue-346	274	11	130	130	NUM
issue-346	274	12	.	.	PUNCT
issue-346	275	1	(	(	PUNCT
issue-346	275	2	in	in	ADP
issue-346	275	3	ukrainian	ukrainian	ADJ
issue-346	275	4	)	)	PUNCT
issue-346	275	5	zavorotnii	zavorotnii	PROPN
issue-346	275	6	,	,	PUNCT
issue-346	275	7	r.	r.	PROPN
issue-346	275	8	i.	i.	PROPN
issue-346	275	9	(	(	PUNCT
issue-346	275	10	2014	2014	NUM
issue-346	275	11	)	)	PUNCT
issue-346	275	12	.	.	PUNCT
issue-346	276	1	problemy	problemy	PROPN
issue-346	276	2	otsinky	otsinky	ADJ
issue-346	276	3	ryzykovosti	ryzykovosti	PROPN
issue-346	276	4	emitentiv	emitentiv	ADJ
issue-346	276	5	na	na	ADP
issue-346	276	6	finansovykh	finansovykh	ADJ
issue-346	276	7	rynkakh	rynkakh	NOUN
issue-346	276	8	[	[	X
issue-346	276	9	problems	problem	NOUN
issue-346	276	10	of	of	ADP
issue-346	276	11	the	the	DET
issue-346	276	12	betaratios	betaratio	NOUN
issue-346	276	13	valuation	valuation	NOUN
issue-346	276	14	of	of	ADP
issue-346	276	15	the	the	DET
issue-346	276	16	enterprises	enterprise	NOUN
issue-346	276	17	on	on	ADP
issue-346	276	18	financial	financial	ADJ
issue-346	276	19	markets	market	NOUN
issue-346	276	20	]	]	PUNCT
issue-346	276	21	.	.	PUNCT
issue-346	277	1	finansy	finansy	ADJ
issue-346	277	2	ukrainy	ukrainy	ADJ
issue-346	277	3	finance	finance	NOUN
issue-346	277	4	of	of	ADP
issue-346	277	5	ukraine	ukraine	NOUN
issue-346	277	6	,	,	PUNCT
issue-346	277	7	6	6	NUM
issue-346	277	8	,	,	PUNCT
issue-346	277	9	49	49	NUM
issue-346	277	10	-	-	SYM
issue-346	277	11	62	62	NUM
issue-346	277	12	.	.	PUNCT
issue-346	278	1	(	(	PUNCT
issue-346	278	2	in	in	ADP
issue-346	278	3	ukrainian	ukrainian	ADJ
issue-346	278	4	)	)	PUNCT
issue-346	278	5	kukhta	kukhta	NOUN
issue-346	278	6	,	,	PUNCT
issue-346	278	7	p.	p.	NOUN
issue-346	278	8	v.	v.	PROPN
issue-346	278	9	(	(	PUNCT
issue-346	278	10	2005	2005	NUM
issue-346	278	11	)	)	PUNCT
issue-346	278	12	.	.	PUNCT
issue-346	279	1	perspektyvy	perspektyvy	PROPN
issue-346	279	2	vykorystannia	vykorystannia	PROPN
issue-346	279	3	modeli	modeli	PROPN
issue-346	279	4	tsinoutvorennia	tsinoutvorennia	NOUN
issue-346	280	1	na	na	INTJ
issue-346	280	2	rynku	rynku	ADJ
issue-346	280	3	kapitaliv	kapitaliv	PROPN
issue-346	281	1	u	u	PROPN
issue-346	281	2	prak	prak	PROPN
issue-346	281	3	-	-	PUNCT
issue-346	281	4	tytsi	tytsi	PROPN
issue-346	281	5	otsiniuvannia	otsiniuvannia	PROPN
issue-346	281	6	vartosti	vartosti	PROPN
issue-346	281	7	vlasnoho	vlasnoho	PROPN
issue-346	281	8	kapitalu	kapitalu	PROPN
issue-346	281	9	pidpryiemstv	pidpryiemstv	PROPN
issue-346	281	10	ukrainy	ukrainy	NOUN
issue-346	282	1	[	[	X
issue-346	282	2	outlooks	outlook	NOUN
issue-346	282	3	of	of	ADP
issue-346	282	4	pricing	pricing	NOUN
issue-346	282	5	model	model	NOUN
issue-346	282	6	application	application	NOUN
issue-346	282	7	in	in	ADP
issue-346	282	8	the	the	DET
issue-346	282	9	assets	asset	NOUN
issue-346	282	10	market	market	NOUN
issue-346	282	11	in	in	ADP
issue-346	282	12	the	the	DET
issue-346	282	13	practice	practice	NOUN
issue-346	282	14	of	of	ADP
issue-346	282	15	estimation	estimation	NOUN
issue-346	282	16	of	of	ADP
issue-346	282	17	the	the	DET
issue-346	282	18	price	price	NOUN
issue-346	282	19	of	of	ADP
issue-346	282	20	the	the	DET
issue-346	282	21	ukrainian	ukrainian	ADJ
issue-346	282	22	enterprises	enterprise	NOUN
issue-346	282	23	private	private	ADJ
issue-346	282	24	capital	capital	NOUN
issue-346	282	25	]	]	PUNCT
issue-346	282	26	.	.	PUNCT
issue-346	283	1	visnyk	visnyk	PROPN
issue-346	283	2	kyivskoho	kyivskoho	PROPN
issue-346	283	3	natsionalnoho	natsionalnoho	NOUN
issue-346	283	4	universytetu	universytetu	VERB
issue-346	283	5	imeni	imeni	PROPN
issue-346	283	6	tarasa	tarasa	PROPN
issue-346	283	7	shevchenka	shevchenka	PROPN
issue-346	283	8	.	.	PUNCT
issue-346	284	1	seriia	seriia	VERB
issue-346	284	2	“	"	PUNCT
issue-346	284	3	ekonomika	ekonomika	X
issue-346	284	4	”	"	PUNCT
issue-346	284	5	 	 	SPACE
issue-346	284	6	–	–	PUNCT
issue-346	284	7	bulletin	bulletin	NOUN
issue-346	284	8	of	of	ADP
issue-346	284	9	taras	taras	PROPN
issue-346	284	10	shevchenko	shevchenko	PROPN
issue-346	284	11	national	national	PROPN
issue-346	284	12	university	university	PROPN
issue-346	284	13	of	of	ADP
issue-346	284	14	kyiv	kyiv	PROPN
issue-346	284	15	.	.	PUNCT
issue-346	285	1	economics	economic	NOUN
issue-346	285	2	”	"	PUNCT
issue-346	285	3	,	,	PUNCT
issue-346	285	4	74	74	NUM
issue-346	285	5	,	,	PUNCT
issue-346	285	6	36–38	36–38	NUM
issue-346	285	7	.	.	PUNCT
issue-346	286	1	(	(	PUNCT
issue-346	286	2	in	in	ADP
issue-346	286	3	ukrainian	ukrainian	ADJ
issue-346	286	4	)	)	PUNCT
issue-346	286	5	lukianenko	lukianenko	PROPN
issue-346	286	6	,	,	PUNCT
issue-346	286	7	i.	i.	PROPN
issue-346	286	8	h.	h.	PROPN
issue-346	286	9	(	(	PUNCT
issue-346	286	10	2007	2007	NUM
issue-346	286	11	)	)	PUNCT
issue-346	286	12	.	.	PUNCT
issue-346	286	13	 	 	SPACE
issue-346	287	1	otsinka	otsinka	PROPN
issue-346	287	2	kapitalnykh	kapitalnykh	PROPN
issue-346	287	3	aktyviv	aktyviv	PROPN
issue-346	287	4	u	u	PROPN
issue-346	287	5	finansovomu	finansovomu	VERB
issue-346	287	6	menedzhmenti	menedzhmenti	NOUN
issue-346	288	1	[	[	X
issue-346	288	2	estimation	estimation	NOUN
issue-346	288	3	of	of	ADP
issue-346	288	4	capital	capital	NOUN
issue-346	288	5	assets	asset	NOUN
issue-346	288	6	in	in	ADP
issue-346	288	7	financial	financial	ADJ
issue-346	288	8	management	management	NOUN
issue-346	288	9	]	]	PUNCT
issue-346	288	10	.	.	PUNCT
issue-346	289	1	naukovi	naukovi	PROPN
issue-346	289	2	zapysky	zapysky	PROPN
issue-346	289	3	naukma	naukma	PROPN
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issue-346	290	1	seriia	seriia	PROPN
issue-346	290	2	ekonomichni	ekonomichni	PROPN
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issue-346	290	6	naukma	naukma	NOUN
issue-346	290	7	.	.	PUNCT
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issue-346	291	2	,	,	PUNCT
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issue-346	291	4	,	,	PUNCT
issue-346	291	5	47	47	NUM
issue-346	291	6	-	-	SYM
issue-346	291	7	52	52	NUM
issue-346	291	8	.	.	PUNCT
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issue-346	292	6	asset	asset	NOUN
issue-346	292	7	pricing	pricing	NOUN
issue-346	292	8	model	model	NOUN
issue-346	292	9	(	(	PUNCT
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issue-346	292	11	)	)	PUNCT
issue-346	292	12	.	.	PUNCT
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issue-346	292	14	from	from	ADP
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issue-346	292	16	(	(	PUNCT
issue-346	292	17	in	in	ADP
issue-346	292	18	ukrainian	ukrainian	ADJ
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issue-346	292	20	mertens	mertens	PROPN
issue-346	292	21	,	,	PUNCT
issue-346	292	22	a.	a.	NOUN
issue-346	292	23	v.	v.	PROPN
issue-346	292	24	(	(	PUNCT
issue-346	292	25	1997	1997	NUM
issue-346	292	26	)	)	PUNCT
issue-346	292	27	.	.	PUNCT
issue-346	293	1	investicii	investicii	PROPN
issue-346	293	2	:	:	PUNCT
issue-346	293	3	kurs	kurs	PROPN
issue-346	293	4	lekcij	lekcij	PROPN
issue-346	293	5	po	po	PROPN
issue-346	293	6	sovremennoj	sovremennoj	PROPN
issue-346	293	7	finansovoj	finansovoj	PROPN
issue-346	293	8	teorii	teorii	PROPN
issue-346	294	1	[	[	X
issue-346	294	2	investment	investment	NOUN
issue-346	294	3	:	:	PUNCT
issue-346	294	4	course	course	NOUN
issue-346	294	5	of	of	ADP
issue-346	294	6	lectures	lecture	NOUN
issue-346	294	7	on	on	ADP
issue-346	294	8	modern	modern	ADJ
issue-346	294	9	financial	financial	ADJ
issue-346	294	10	theory	theory	NOUN
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issue-346	294	12	.	.	PUNCT
issue-346	295	1	kiev	kiev	PROPN
issue-346	295	2	:	:	PUNCT
issue-346	295	3	:	:	PUNCT
issue-346	295	4	investment	investment	NOUN
issue-346	295	5	agensy	agensy	NOUN
issue-346	295	6	of	of	ADP
issue-346	295	7	kiev	kiev	PROPN
issue-346	295	8	(	(	PUNCT
issue-346	295	9	in	in	ADP
issue-346	295	10	russian	russian	ADJ
issue-346	295	11	)	)	PUNCT
issue-346	295	12	kojefficient	kojefficient	NOUN
issue-346	295	13	beta	beta	NOUN
issue-346	295	14	.	.	PUNCT
issue-346	296	1	formula	formula	NOUN
issue-346	296	2	.	.	PUNCT
issue-346	297	1	sovremennye	sovremennye	PROPN
issue-346	297	2	modifikacii	modifikacii	PROPN
issue-346	298	1	[	[	X
issue-346	298	2	β	β	NOUN
issue-346	298	3	-	-	NOUN
issue-346	298	4	coefficient	coefficient	NOUN
issue-346	298	5	.	.	PUNCT
issue-346	299	1	formula	formula	NOUN
issue-346	299	2	.	.	PUNCT
issue-346	300	1	modern	modern	ADJ
issue-346	300	2	modifications	modification	NOUN
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issue-346	300	4	.	.	PUNCT
issue-346	301	1	retrieved	retrieve	VERB
issue-346	301	2	from	from	ADP
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issue-346	301	4	(	(	PUNCT
issue-346	301	5	in	in	ADP
issue-346	301	6	russian	russian	ADJ
issue-346	301	7	)	)	PUNCT
issue-346	301	8	sait	sait	PROPN
issue-346	301	9	ukrainskoi	ukrainskoi	PROPN
issue-346	301	10	birzhi	birzhi	VERB
issue-346	301	11	[	[	X
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issue-346	301	14	ukrainian	ukrainian	ADJ
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issue-346	301	17	.	.	PUNCT
issue-346	302	1	retrieved	retrieve	VERB
issue-346	302	2	from	from	ADP
issue-346	302	3	http://www.ux.ua/ua/	http://www.ux.ua/ua/	PROPN
issue-346	302	4	(	(	PUNCT
issue-346	302	5	in	in	ADP
issue-346	302	6	ukrainian	ukrainian	ADJ
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