تفاصيل الرسالة العلمية

This study aimed to test the validity of the capital asset pricing model in the Amman Stock Exchange, to achieve the objectives of this study the researcher used the Regression equation on the stock return to the market index and the variation per share with a market rate of return and Paired Sample t- test for the monthly closing prices for the 188 companies listed on the Amman stock Exchange for the period (2/1/2014 - 29/12/2016 ). The results of the study accept the null hypothesis, which states that there are significant differences between the actual return and the capital asset pricing model , It also shows that there is no linear relationship between beta stocks with returns, And the ASE is not in the case of a equilibrium . The Study Recommended to the need to develop new tools to more accurately predict stock returns, And also advisable to analysts and investors at the Amman Stock Exchange using the CAPM very carefully, And should use other models to measure required return, such as arbitrage pricing theory and multiple factors model.