Multifactor explanation of security returns in South Africa

Business & Economics

• Security Returns 100%
• Multi-factor 89%
• Managers 72%
• Equity Rates 63%
• Rate of Return 62%
• South Africa 62%
• Fama-French Model 59%
• Multivariate Time Series 50%
• Cost of Equity 49%
• Fama-French Three-factor Model 47%
• Portfolio Allocation 47%
• Investors 45%
• Fund Managers 41%
• Regression Model 32%
• Stock Exchange 31%
• Emerging Markets 31%
• Empirical Results 26%
• Methodology 19%
• Performance 14%