论文部分内容阅读
１９９０年诺贝尔经济学奖得主之一威廉·夏普建立的资本资产定价模型（ＣＡＰＭ）在现代投资理论中占有重要地位。本文在他建立的模型基础上，得到了考虑投资者的资产结构及资金使用结构的ＣＡＰＭ的表示形式，其结果包含原有的ＣＡＰＭ。
Capital Asset Pricing Model (CAPM) established by William Sharp, one of the Nobel Prize winners in 1990, plays an important role in modern investment theory. Based on the model he built, this paper obtains the CAPM representation of the asset structure and fund usage structure of investors, and the result includes the original CAPM.