Essays about: "alternative capitalization"
Showing result 1 - 5 of 8 essays containing the words alternative capitalization.
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1. Rebalancing 2.0-A Macro Approach to Portfolio Rebalancing
University essay from KTH/Matematisk statistikAbstract : Portfolio rebalancing has become a popular tool for institutional investors the last decade. Adaptive asset allocation, an approach suggest by William Sharpe is a new approach to portfolio rebalancing taking market capitalization of asset classes into consideration when setting the normal portfolio and adapting it to a risk profile. READ MORE
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2. Reserve replacement in the oil and gas industry -A study on cost differences
University essay from Göteborgs universitet/Företagsekonomiska institutionenAbstract : Background and the question at issue: When attempting to increment oil and gas reserves, an oil and gas company typically has two possibilities, either to prospect and develop reserves or to acquire reserves through a takeover of another company with proved reserves. In this thesis, the reader will find an approximated answer to the question at issue about which of these alternatives is the most cost effective. READ MORE
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3. Mispricing in Financial Turbulence, A study of mispricing in public Nordic real estate companies in the 21st century
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : By using the present value of expected dividends model, reversed engineering and the market capitalizations of 14 public Nordic real estate companies between the years 2000-2009, the study examines the reasonableness of the implied return on equity in steady state. The results show that following the stock crash of 2000 the level of implied return on equity in steady state is below reasonable levels, whereas the period leading up to the financial crisis displays levels above historical precedents. READ MORE
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4. The Black-Litterman Asset Allocation Model : An Empirical Comparison to the Classical Mean-Variance Framework
University essay from Linköpings universitet/Nationalekonomi; Linköpings universitet/Filosofiska fakultetenAbstract : Within the scope of this thesis, the Black-Litterman Asset Allocation Model (as presented in He & Litterman, 1999) is compared to the classical mean-variance framework by simulating past performance of portfolios constructed by both models using identical input data. A quantitative investment strategy which favours stocks with high dividend yield rates is used to generate private views about the expected excess returns for a fraction of the stocks included in the sample. READ MORE
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5. Alternative Index Weighting Strategies on the Swedish Stock Market
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : The Market-Capitalization index reweighting has since long had the role as the conventional tool for passive investments through its simplicity and CAPM framework conformance. Nowadays, alternative index reweightings are getting increased traction in the light of market-capitalization criticism and suggested risk-return improvements and possibilities of desired characteristics. READ MORE
