Essays about: "Discount to net asset value"
Showing result 6 - 10 of 19 essays containing the words Discount to net asset value.
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6. “Cheap" property holding stocks: Opportunity of a lifetime or too good to be true? - An empirical test of investment strategies based on stock price / EPRA NAV multiples for Swedish property holding stocks.
University essay from Göteborgs universitet/Graduate SchoolAbstract : This thesis tests the reliability of EPRA NAV (European Public Real estate Association Net Asset Value) as a measure for stock prices in property holding firms. The law of one price dictates that the price of a listed asset should equal the price of a private asset, however, this is not the case for property holding firms as the stock prices deviate from the EPRA NAV. READ MORE
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7. Closed-End Funds and their Net Asset Value over time : A study of the relationship between Swedish closed-end funds' market prices and their underlying assets over a period of time.
University essay from Jönköping University/IHH, NationalekonomiAbstract : Closed-end funds (CEFs) are popular investments amongst the Swedish population as they provide diversification to investors and have in many cases historically outperformed the market. In deciding whether to invest in a CEF, the method of valuation differs from classical financial ratios used to value most companies, as the revenue-bringing operations differ significantly. READ MORE
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8. Examining the Factors that Impact the Discount to Net Asset Value and the Difference in Discount between Different Investment Companies
University essay from KTH/Matematisk statistikAbstract : A discount to the net asset value of Swedish investment companies is something that have existed for decades and a general explanation for the cause have not been found. The aim of this thesis is to find the the factors that impact the discount to net asset value of Swedish investment companies. READ MORE
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9. Explaining the NAV Discount in REIT pricing - Evidence from the U.S.
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This paper investigates the relationship between stock price and net asset value (NAV) for 71 real estate investment trusts (REITs) in the U.S. between Q1/1998 and Q4/2018. More specifically, by testing for cointegration, we look for evidence of a long-term equilibrium between stock price and NAV. READ MORE
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10. What are the main factors impacting the discount to net asset value? - A case study of Investor AB
University essay from KTH/Matematisk statistikAbstract : The discount to net asset value for investment companies has puzzled both the world of academics as well as the investment companies themselves. This thesis aims to examine how the Swedish investment company Investor AB can combat this market inefficiency by analysing the main factors impacting the discount to net asset value over the time period 2006:M12-2016:M12. READ MORE