هل ممكن مساعدتي في إعادة صياغه هذي المقاله

السلام عليكم ورحمة الله وبركاته
هذه أول مشاركة لي بهذا المنتدى الرائع
فأحببت أن أستفيد منكم، جزاكم الله خيراً.

The standard of capital asset pricing model
The real world is sufficiently complex that to understand it and construct models of how it works , one most assume away those complexities that are thought to have only a small effect on its behavior .as the physicist builds models of the movement of matter in a frictionless environment , the economist builds models where there are no institutional frictions to the movement of stock prices.

هل من الممكن إعادة كتابة هذ الفقرة بالانجليزية ولكن بصياغة أبسط؟

هذه محاولة:

The Capital Asset Pricing Model Standard ٍ
The real world is complex enough, and to understand it and appreciate how it works, one must overlook those complexities that are somewhat considered to affect the behavior of the financial world. As the scientist, who specializes in physics, builds models to measure the movement of matter in an environment lacking friction, so does the economist build models (devise strategies) where the stock prices are not affected by conflicts imposed by institutions

.

اشكرك استاذي الشكر الجزيل
هل تمانع لو تساعدني في اعاده صياغه بعض القطع الطويله
لانني بالسنة الاولى في دراسة المصرفيه
فما رأيك؟؟
ارجووووووك ساعدني

اقتباس:

---

المشاركة الأصلية كتبت بواسطة أسماء عبدالله

اشكرك استاذي الشكر الجزيل
هل تمانع لو تساعدني في اعاده صياغه بعض القطع الطويله
لانني بالسنة الاولى في دراسة المصرفيه
فما رأيك؟؟
ارجووووووك ساعدني

---

هذه صيغة مبسطة:

The Capital Asset Pricing Model Standard ٍ
The real world is complex enough. To understand how it works, one must overlook the complexities. These complexities are considered to affect, to a certain degree, the behavior of the financial world. The pysical scientist builds models for measuring the movement of matter in a non-friction environment. The economist, on the other hand, devises strategies. Thanks to those strategies, the stock prices are not affected by rules and regulations created by established organizations

The first assumption we make is that there are no transaction coast . there is no cost friction of buying or selling any asset .if transaction costs were present, the return from any asset would be a function of whether or not the investor owned it before the decision period .thus, to include transaction costs in the model adds a great deal of complexity. Whether it is worthwhile introducing this complexity depends on the importance of transaction costs to investors' decision .given the size of transaction costs ,they are probably of minor importance.
The second assumption behind the capm is that assets are infinity divisible. This means that investors could take any position in an investment, regardless of the size of their wealth.
The third assumption is the absence of personal income tax. This means, for example that the individual is indifferent to the form in which the return on the investment is received.
The fourth assumption is that an individual cannot affect the price of a stock by his buying or selling action .this is analogous to the assumption of perfect competition . while no single investor can affect prices by an individual action ,investor in total determine prices by their actions.
The fifth assumption is that investors are expected to make decision solely in term of expected value and standard deviation of the returns on their portfolio ..
The sixth assumption is unlimited lending and borrowing at the riskless rate . the investor can be lend or borrow any amount of funds desired at a rate of interest equal to the rate for riskless securities .
The eighth and ninth assumptions deal with the homogeneity of expectations. First ,investors are assumed to be concerned with the mean and variance of returns and all investors are assumed to define the relevant period in exactly the same manner. Second , all investors are assumed to have identical expectation with respect to the necessary inputs to the portfolio decision
The tenth assumption is that all assets are marketable . all assets, including human capital can be sold and bought on the market.

استاذي العزيز هل تساعدني في صياغه هذي بشكل مبسط

مازلت انتظر المساده من الاخوة والاخوات
تسلمون