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Generally speaking APT performs better in empirical contexts, however you have to decide for yourself what relevance academic studies have to your investment decisions. For instance, CAPM makes many assumptions, some of which are difficult to justify in the real world. To give one example, CAPM assumes all individuals can borrow and lend at the …
This is because the country’s capital and its largest city (New York City) reside within that time zone. When national media outlets schedule broadcasts or reports on various news stories, they do so on a schedule that is based on EST, even if the event occurred in another time zone. It’s best practice to check …
