Essays about: "fundamental valuation"
Showing result 1 - 5 of 46 essays containing the words fundamental valuation.
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1. Proactive Decarbonization in Projects - At What Price? : A Qualitative Study of Life-cycle Cost Analysis and Shadow Pricing of Carbon as Decision-making Tools
University essay from KTH/Ledning och organisering i byggande och förvaltningAbstract : As we move towards a low-carbon economy, environmental sustainability drives corporate performance and strategy to a greater extent than a decade ago. Hence, there is a growing importance among actors with long-term ownership interests to recognize climate-related issues in investment decisions. READ MORE
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2. Can Machine Be a Good Stock Picker?: Bridging the Gap between Fundamental Data and Machine Learning
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : We investigate the efficacy of historical accounting data and consensus forecasts for relative valuation of stocks, employing tree-based machine learning methods. We run an XGBoost model for monthly cross-sections of financial and pricing data of US equities from 1984 to 2021. READ MORE
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3. Accounting for the Measurement Bias: A Study of Market Efficiency in the United States and the Relevance of Extensive Fundamental Analysis in Equity Valuation
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : This thesis investigates abnormal returns over the period 1983-2021 from an investment strategy that is based on public accounting information. Investment positions are taken in US manufacturing firms and are held for 36 months using a self-financing (hedged) portfolio. READ MORE
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4. Unlocking the True Value of Intellectual Capital: A Study of the Valuation Relevance of Intellectual Capital in an M&A Intensive Era
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : Capital market actors must understand the fundamental value-drivers in society, yet accounting standards face difficulties in capturing Intellectual Capital (IC) information. Meanwhile, the number of acquisitions is ever-growing, but research on the valuation relevance of IC in mergers and acquisitions (M&A) is lacking. READ MORE
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5. Systematic Peer Selection : A Comparative Study of Methods Used In Relative Valuation
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : With the purpose to provide insights for practical use and to contribute to an arguably under-served area of valuation research, this study performs a comparative analysis of systematic peer selection methods used in relative valuation. By using U.S. READ MORE