id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fbem-11823	Zhang, Binyuan	Research on the Applicability of CAPM Model in The New Energy Sector of China 'S A-share Market	2023	4	.pdf	application/pdf	2542	118	53	Calculation of β coefficient If β < 0, it indicates that the two are negatively correlated ; if β = 0, it shows that there is no relationship between stock returns and market portfolio returns ; if 0 < β < 1, the stock return rate is lower than the market portfolio return rate, and the system risk is lower than the market risk ; if β > 1, the stock yield is greater than the market yield portfolio ; system risk is higher than market risk ; from the table, it can be seen that the β value of the ten new energy companies is negative, the β value of the other nine companies is between 0-1, the stock return rate is lower than the market return rate level, and the system risk is lower than the market risk. Therefore, based on the above analysis, this paper focuses on the applicability of the CAPM model to the new energy industry in China 's A-share market, and analyzes the relationship between market returns and real risks, so as to help market investors develop more adaptable and more specific investment strategies.	cache/fbem-11823.pdf	txt/fbem-11823.txt