Essays about: "Capital Asset Pricing Model"

Showing result 31 - 35 of 105 essays containing the words Capital Asset Pricing Model.

  1. 31. Market valuation : Observed differences in valuation between small and large cap stocks, when Dividend Discount Model and Free Cash Flow to Equity is applied in the Swedish stock market.

    University essay from Jönköping University/IHH, Center for Finance and Governance (CFG)

    Author : Albin Blomberg; [2020]
    Keywords : Market valuation free cash flow to equity FCFE DDM dividend discount model accuracy;

    Abstract : Purpose:This thesis is examining two of the most common valuation methods put into practice on firms of different sizes in order to see if the market capitalization has any impact on said valuations. Relevance: Despite the widespread use of the intrinsic valuation methods both in academia and the professional world the amount of coverage concerning real life usage and analysis seems to be somewhat lacking. READ MORE

  3. 32. Size and Seasonality : Using Enterprise Value and the January effect to Investigate the Size effect on the Swedish stock market 2000-2019 .

    University essay from Jönköping University

    Author : Martin Djerf; August Lundgren; [2020]
    Keywords : Size effect; January effect; Enterprise Value; Market anomalies; Efficient Market Hypothesis; Fama and French three-factor model;

    Abstract : In 1981, Banz discovered evidence suggesting that small-cap firms outperform large-cap firms when considering risk-adjusted returns. Banz (1981), called this the “size effect” and raised concerns regarding the ability of current asset pricing models to set accurate prices for assets. READ MORE

  4. 33. The Implications of Increased Passive Investment: A Theoretical Approach

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Henrik Taro Hansson; Lisa-Maria Jonsson; [2020]
    Keywords : Passive Investment; Capital Markets; Market Efficiency; Asset Market Simulation;

    Abstract : In this thesis, a theoretical model is constructed to assess potential implications of increased passive investment on capital market efficiency and stability. A population of active and passive investors is simulated in an artificial asset market to examine how the share of passive investment affects pricing efficiency, volatility, and comovement between assets. READ MORE

  5. 34. What is the Optimal Allocation Level to Real Estate in a Swedish Mixed-Asset Portfolio Including both Direct and Indirect Real Estate?

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Oscar Holgersson; Jacob Tingnell; [2020]
    Keywords : Capital Asset Pricing Model; Direct Real Estate; Hedonic Model; Mean-Variance Optimization; Mixed-Asset Portfolio;

    Abstract : We use mean-variance analysis to examine the optimal allocation to real estate for institutional investors investing in Swedish assets and whether direct real estate provides diversification benefits to a mixed-asset portfolio. The study takes the perspective of institutional investors interested in dividing the real estate asset class into the two asset categories direct real estate and indirect real estate. READ MORE

  6. 35. What does it cost to be green? : An empirical investigation of the European green bond market

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Gustaf Söderström; Anton Pettersson; [2020]
    Keywords : Green bonds; Green bond premium; Liquidity; Non-pecuniary preferences; Socially responsible investing; Capital asset pricing model; Matching method; ESG; CSR; Yield spread; Green Bond Principles; European bond market.;

    Abstract : The green bond market offers investors the opportunity to take an explicit focus on sustainable investment projects. However, it is yet to be determined whether this novel asset class offers attractive yields compared to non-green bonds. READ MORE