Assessing Relative Valuation in Equity Markets Bridging Research and Practice
tarafından
Rossi, Emanuele. author.
Başlık
:
Assessing Relative Valuation in Equity Markets Bridging Research and Practice
Yazar
:
Rossi, Emanuele. author.
ISBN
:
9781137563354
Yazar
:
Rossi, Emanuele. author.
Fiziksel Niteleme
:
XIV, 180 p. 6 illus. online resource.
İçindekiler
:
Chapter 1. Relative Valuation: Issues and General Framework -- Chapter 2.Literature Background -- Chapter 3.Accuracy Performance of Relative Valuation -- Chapter 4. A Portfolio Approach: Multiples' Accuracy and Stock Selection -- Conclusion.
Özet
:
This book addresses the gap between the widespread use of stock market multiples in valuation practice and the frontiers of research on multiples. The book's approach is twofold: the authors first analyse the performance of multiples metrics in predicting the market price of a set of liquid and highly traded US stocks. The authors then employ these results to test profitable stock purchasing strategies employed in order to 'beat the market'. The results presented widen our understanding of the “market performances” of the valuation tools practitioners utilise in their everyday work. The evidence is of interest to researchers and equity analysts, who wish to analyse the circumstances in which valuation errors using multiples are more frequent and when market multiples become ineffective in estimating market prices.
Konu Başlığı
:
Finance.
Corporations -- Finance.
Investment banking.
Securities.
Risk management.
Capital investments.
Financial engineering.
Investments and Securities.
Investment Appraisal.
Corporate Finance.
Yazar Ek Girişi
:
Forte, Gianfranco.
Ek Kurum Yazar
:
SpringerLink (Online service)
Elektronik Erişim
:
Materyal Türü | Barkod | Yer Numarası | Durumu/İade Tarihi |
---|
Electronic Book | 16231-1001 | HG4501 -HG6051 | Springer E-Book Collection |