Essays about: "Horizon Value"

Showing result 1 - 5 of 82 essays containing the words Horizon Value.

  1. 1. Do Stocks Outperform Treasury Bills? Evidence From a Swedish Setting

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Anton Li; Ricky Yu; [2023]
    Keywords : Individual stocks; Treasury bills; Skewness; Buy-and-hold returns; Diversification;

    Abstract : Most Swedish stocks listed since 1983 post lifetime buy-and-hold returns that are less than one-month Swedish Treasury bills. In terms of risk-adjusted returns for the same time horizon, individual Swedish stocks vastly underperform value-weighted benchmarks when measured with a Sharpe ratio. READ MORE

  3. 2. The pricing accuracy of the unbiased RIV model

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Jonny Jin; Daniel Klingberg; [2023]
    Keywords : Pricing accuracy; Residual income valuation; Unbiased accounting; Accounting measurement bias; Conservative accounting;

    Abstract : This paper aims to investigate whether the pricing accuracy of the RIV model is improved with unbiased accounting. The introduction of the Feltham-Ohlson model has left researchers with an eagerness to propose a RIV model with high pricing accuracy. READ MORE

  4. 3. Accounting for the Measurement Bias: A Study of Market Efficiency in the United States and the Relevance of Extensive Fundamental Analysis in Equity Valuation

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Erik Bergmark; Hugo Freudenthal; [2023]
    Keywords : Accounting valuation bias; Fundamental analysis; Horizon Value; Market mispricing; Residual income valuation;

    Abstract : This thesis investigates abnormal returns over the period 1983-2021 from an investment strategy that is based on public accounting information. Investment positions are taken in US manufacturing firms and are held for 36 months using a self-financing (hedged) portfolio. READ MORE

  5. 4. Barium in the O horizon of soils near Sundsvall, northern Sweden : From local minerals or from anthropogenic emissions?

    University essay from Umeå universitet/Institutionen för ekologi, miljö och geovetenskap

    Author : Mattias Åsberg Gencturk; [2023]
    Keywords : Barium; soil; organic horizon;

    Abstract : Concentrations of potentially toxic metals in surface soils are important to investigate before building new residential areas. Prior to development of a residential area in Sundsvall, northern Sweden, it was observed that barium (Ba) concentrations in the soil at the site exceeded the guideline value of 200 mg kg-1 outlined by the Swedish Environmental Protection Agency. READ MORE

  6. 5. Ekonomi och virkesproduktion för hyggesfritt respektive trakthyggesbruk : en analys av ekonomiska och produktionsmässiga konsekvenser

    University essay from SLU/Dept. of Forest Ecology and Management

    Author : Elias Källmark; Petter Tillberg; [2023]
    Keywords : trakthyggesbruk; hyggesfritt; blädningsbruk; skärmställning; hyggen; PlanWise; nuvärde; kalkylränta;

    Abstract : Skogsbruket som bedrivs i Sverige har under de senaste åren kritiserats av myndigheter och allmänheten. En ny skogsstrategi från EU har tagits fram för öka andelen skogsbruksmetoder, så som hyggesfria alternativ, som främjar den biologisk mångfalden samt minska koldioxidutsläppen från skogen och därav minska andelen trakthyggesbruk som bedrivs i dagsläget. READ MORE