
As far as I know, they are the same things
 
SLM is an output of CAPM, plotted as expected returns Vs betas...if a security is above, it means it is undervalued since you got more expected return for a given risk (beta is here taken as risk measure)
 
> Date: Mon, 27 Oct 2008 15:10:44 +0100> From: Benoit.Schmid@unige.ch> To: r-sig-finance@stat.math.ethz.ch> Subject: Re: [R-SIG-Finance] Returns used to compute the alpha and the beta> > Good afternoon,> > julien cuisinier wrote:> > Benoit,> > > > Jensen alpha = CAPM alpha> Would you also know the difference between> the Security Market Line Alpha and the capm alpha?> > Thanks in advance for your answer.> > _______________________________________________> R-SIG-Finance@stat.math.ethz.ch mailing list> https://stat.ethz.ch/mailman/listinfo/r-sig-finance> -- Subscriber-posting only.> -- If you want to post, subscribe first.
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