Paper Title
The Ability of Capital Assets Pricing Models in Determining Stocks Prices of Companies Listed on Palestine Exchange – A Comparative Analysis Study

Abstract
The study aimed to recognize the role of capital assets pricing in determining the stock prices of companies listed on Palestine Exchange from 2015 to 2017 and to explore these models and their role in pricing the capital assets and more particularly the accounting model for evaluation, discounted cash flow model, and discounted cash dividends model through a sample consisting of 26 companies to achieve the study goals by using the previous studies, theoretical framework, annual stock prices data, and financial statements of such companies by examining the relevant statistical data. The study concluded with several results, and the most significant results included that the accounting model for evaluation was better than both the discounted cash flow model and discounted cash dividends model in terms of the explanatory ability of such models, further the study concluded that there were no statistically significant differences at a level of significance (α=0.05) between the average prices of market stocks and actual prices of companies listed on Palestinian Exchange according to the accounting model for evaluation, however there were statistically significant differences at a level of significance (α=0.05) between the average prices of market stocks and actual prices of companies listed on Palestine Exchange according to the discounted cash flow and discounted cash dividends models. The study recommended that it is an imperative to use the accounting model for evaluation in evaluating the stock prices of companies listed on Palestine Exchange as it is more efficient is explaining the variations of stock prices, thus it is essential to use the accounting model for evaluation in creating the investment portfolio and to enable the market to perform its role in raising the awareness of investors in regard to relying on the accounting information required for conducting the basic and technical analytical procedures to forecast the stock prices in the stock exchange. Keywords - Capital Assets Pricing Models, Accounting Evaluation Model, discounted cash flow model, and discounted cash dividends model.