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Showing result 16 - 18 of 18 essays matching the above criteria.
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16. Are Financial Ratios Rational?
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : Scope: This thesis investigates if it is possible to generate an abnormal return on the Swedish stock exchange in 1993 to 2007 by adopting an investment strategy that is exclusionary based on seven different financial ratios. The financial ratios analyzed are price-to-earnings, dividend yield, price-to-book, EV/EBITDA, price-to-sales, FCF/CAPEX and MV/(FCF/std). READ MORE
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17. Analyzing Asian Countries and Industries Performance and Cross-Country Influence on Firm Multiples
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : To our knowledge, this paper first analyze firms multiples by using relative valuation and employed them as indicator of Asian market performance after 1997 Asian crisis. The observations range from year 1997 to year 2007 by defining a sample of firms in 13 industries from 10 countries located in Asia. READ MORE
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18. PE and EV/EBITDA Investment Strategies vs. the Market : A Study of Market Efficiency
University essay from Institutionen för ekonomisk och industriell utvecklingAbstract : Background: The efficient market hypothesis states that it is not possible to consistently outperform the overall stock market by stock picking and market timing. This is because, in an efficient market, all stock prices are at their correct level, and there are no over- or undervalued stocks. READ MORE