Purpose- The basic purpose of the study is to examine whether Tobin-q. liquidity and momentum risk-premium contributes the explanatory power in terms of explaining portfolio returns in PSX. Design/Methodology- The Weighted Least Square (WLS) regression technique is empirically used to examine the nexus between risk-factor and portfolio returns using PSX dataset. The models provide use... https://mabelandfoxs.shop/product-category/shelf/