University of Groningen and University of California, Davis, Real GDP at Constant National Prices for Brazil [RGDPNABRA666NRUG], retrieved from FRED, Federal Reserve Bank of St. Louis;
https://fred.stlouisfed.org/series/RGDPNABRA666NRUG, November 20, 2017.
Board of Governors of the Federal Reserve System (US), Brazil / U.S. Foreign Exchange Rate [DEXBZUS], retrieved from FRED, Federal Reserve Bank of St. Louis;
https://fred.stlouisfed.org/series/DEXBZUS, November 20, 2017.
IPCA FROM BLOOMBERG TERMINAL 10 NOV 2017
4. Expected Returns
We expect that the APT show some strong correlation with the empiric data and that the theory can explain the macroeconomic variables that effect its pricing, therefore the risk portion of each asset.
5. Conclusions
By the end of this paper we are going to have all the stocks inside the IBOVESPA index priced according to the Asset Pricing Theory. The calculus and formulas are going to be codified inside Python environment and will be uploaded inside GitHub plataform so people can improve it or use it.