Essays about: "Valuation factor"

Showing result 11 - 15 of 54 essays containing the words Valuation factor.

  1. 11. Private Equity Portfolio Management and Positive Alphas

    University essay from KTH/Matematisk statistik

    Author : Rikard Franksson; [2020]
    Keywords : Nordic private equity performance; private equity valuation; CAPM; portfolio optimization; multivariate linear regression; quadratic optimization; Nordiskt privatkapitals prestation; värdering av privatkapital; CAPM; portföljoptimering; multipel linjär regression; kvadratisk optimering;

    Abstract : This project aims to analyze Nordic companies active in the sector of Information and Communications Technology (ICT), and does this in two parts. Part I entails analyzing public companies to construct a valuation model aimed at predicting the enterprise value of private companies. READ MORE

  3. 12. 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

  4. 13. Business Valuation : A study of the accuracy of the free cash flow to equity approach and the dividend discount model

    University essay from Högskolan i Jönköping/IHH, Företagsekonomi

    Author : Rickard Stoffers; Helena Eriksson Deibrant; [2019]
    Keywords : Stock Valuation; Discounted Cash Flow; Free Cash Flow to Equity; Dividend Discount Model; Accuracy of Valuation Models;

    Abstract : Background: In an inefficient market, the intrinsic value of an asset may not be equal to its true market value. Therefore, before engaging in a stock transaction, both the seller and the buyer would want to know the intrinsic value of the stock as neither would want to lose money during the process. READ MORE

  5. 14. Implied Volatility Surface Approximation under a Two-Factor Stochastic Volatility Model

    University essay from Mälardalens högskola/Akademin för utbildning, kultur och kommunikation

    Author : Nathaniel Ahy; Mikael Sierra; [2018]
    Keywords : Implied Volatility; Stochastic Volatility; Implied Volatility Surfaces; European Options; Moore-Penrose Inverse; ;

    Abstract : Due to recent research disproving old claims in financial mathematics such as constant volatility in option prices, new approaches have been incurred to analyze the implied volatility, namely stochastic volatility models. The use of stochastic volatility in option pricing is a relatively new and unexplored field of research with a lot of unknowns, where new answers are of great interest to anyone practicing valuation of derivative instruments such as options. READ MORE

  6. 15. Controversial Industries: does it pay to ignore social norms?

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : M.R.T.M. van Nuenen; [2018]
    Keywords : Sin stocks; Controversial Industries; Social norms; Fama-French Five-Factor Model; Carhart Model; Bet against Beta factor;

    Abstract : This paper investigates the impact of social norms on the performance and valuation of “controversial stocks”- publicly traded companies involved in the production of Adult Entertainment, Alcohol, Gambling, Nuclear Energy, Tobacco, Uranium, and Weapons. Their performance and valuation is directly compared with compare non-controversial stocks. READ MORE