Essays about: "stock valuation thesis"

Showing result 11 - 15 of 68 essays containing the words stock valuation thesis.

  1. 11. IFRS 16 - A Necessary Close of an Accounting Loophole? : A Quantitative Study on how the Market Evaluates Off-Balance Sheet Operating Leases

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Anna Widemar; Julia Gustafsson; [2020]
    Keywords : Operating Leases; Discounted Cash Flow; Value Added Valuation; IFRS 16; Value Relevance;

    Abstract : With the aim to clarify whether there is a difference in value relevance between disclosed and recognized information on operating leases, this thesis investigates how investors on the Stockholm Stock Exchange treated operating leases in share price formation under IAS 17. Using Value Added Valuation and Discounted Cash Flow valuation we compare two different scenarios. READ MORE

  3. 12. Option Pricing Under the Markov-switching Framework Defined by Three States

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

    Author : Minna Castoe; Teo Raspudic; [2020]
    Keywords : Option pricing; Markov-switching framework; Markov chain; Stochastic volatility Monte carlo simulation;

    Abstract : An exact solution for the valuation of the options of the European style can be obtained using the Black-Scholes model. However, some of the limitations of the Black-Scholes model are said to be inconsistent such as the constant volatility of the stock price which is not the case in real life. READ MORE

  4. 13. The predictive power of stock style: size, value-growth orientation and the shape of the future return distribution

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Eoin Gallagher; Dmitry Tanazhko; [2019]
    Keywords : Return predictability; Stock size; Stock valuation; Skewness; Morningstar;

    Abstract : While there has been extensive research trying to explain the variability in the cross-section of expected stock returns, the predictability of other shape characteristics of the future return distribution is a less studied subject. This thesis investigates the relationship between the size and value-growth orientation of stocks (as measured according to Morningstar) and the shape parameters of their future returns. READ MORE

  5. 14. Moving through the clinical pipeline

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Lukas Björklund; [2019]
    Keywords : Business and Economics;

    Abstract : Biotech companies on the stock market follow a rigorous clinical process for their product development. The implications of this for investors is an alternative approach to stock valuation that incorporates the uncertainty to the potential future cash flows will be realized. READ MORE

  6. 15. Relative and Discounted Cash Flow Valuation on Swedish Listed Companies : How applicable are the methods to companies in different industries?

    University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

    Author : Simon Otterberg; August Zetterberg; [2019]
    Keywords : corporate finance; finance; valuation; discounted cash flow; multiples; relative valuation; free cash flow to firm;

    Abstract : The purpose of this thesis is to look at how the two widely used valuation approaches Free Cash Flow to Firm and Relative valuation can contribute to the explanation of market prices of shares. The study also aims to investigate if it is possible to find any significant differences between industries, while using the two valuation methods. READ MORE