Essays about: "Alexander Neuschmid"

Found 1 essay containing the words Alexander Neuschmid.

  1. 1. Moving beyond a narrow definition of value investing

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Alexander Neuschmid; [2020]
    Keywords : Value investing; Asset pricing; Fundamental analysis; Profitability persistence;

    Abstract : This study shows that the information content of valuation ratios can be highly dissimilar. It presents a value measure that outperforms book-to-market not only in terms of the abnormal returns a zero-cost portfolio formed on this sorting variable generates relative to factor models, but also in terms of its ability to capture firms with a high level of profitability and a strong profitability persistence. READ MORE