• Study Resource
  • Explore Categories
    • Arts & Humanities
    • Business
    • Engineering & Technology
    • Foreign Language
    • History
    • Math
    • Science
    • Social Science

    Top subcategories

    • Advanced Math
    • Algebra
    • Basic Math
    • Calculus
    • Geometry
    • Linear Algebra
    • Pre-Algebra
    • Pre-Calculus
    • Statistics And Probability
    • Trigonometry
    • other →

    Top subcategories

    • Astronomy
    • Astrophysics
    • Biology
    • Chemistry
    • Earth Science
    • Environmental Science
    • Health Science
    • Physics
    • other →

    Top subcategories

    • Anthropology
    • Law
    • Political Science
    • Psychology
    • Sociology
    • other →

    Top subcategories

    • Accounting
    • Economics
    • Finance
    • Management
    • other →

    Top subcategories

    • Aerospace Engineering
    • Bioengineering
    • Chemical Engineering
    • Civil Engineering
    • Computer Science
    • Electrical Engineering
    • Industrial Engineering
    • Mechanical Engineering
    • Web Design
    • other →

    Top subcategories

    • Architecture
    • Communications
    • English
    • Gender Studies
    • Music
    • Performing Arts
    • Philosophy
    • Religious Studies
    • Writing
    • other →

    Top subcategories

    • Ancient History
    • European History
    • US History
    • World History
    • other →

    Top subcategories

    • Croatian
    • Czech
    • Finnish
    • Greek
    • Hindi
    • Japanese
    • Korean
    • Persian
    • Swedish
    • Turkish
    • other →
 
Profile Documents Logout
Upload
EASTMAN CHEMICAL CO (Form: 8-K/A, Received
EASTMAN CHEMICAL CO (Form: 8-K/A, Received

... Earnings (the "Pro Forma Income Statements") for the nine months ended September 30, 2014 and the year ended December 31, 2013 combine the historical consolidated statements of earnings of Eastman and Taminco, giving effect to the Acquisition as if it had been completed on January 1, 2013, the begin ...
Bid-Ask Spreads for Trading Chinese Stocks Listed on Domestic
Bid-Ask Spreads for Trading Chinese Stocks Listed on Domestic

Insper Instituto de Ensino e Pesquisa Ricardo Lins Ribeiro A
Insper Instituto de Ensino e Pesquisa Ricardo Lins Ribeiro A

... There is very little agreement about the definition of “housing bubble” and its difference from the term “boom”. For Case and Shiller (2005), the term “boom” is neutral and suggests that the rise in price may be an opportunity for investors. In contrast, for them, the term “bubble”, that starts to b ...
MCEV – Market Consistent Embedded Value Report 2015
MCEV – Market Consistent Embedded Value Report 2015

Underdevelopment of Financial Markets and Excess
Underdevelopment of Financial Markets and Excess

... pattern, although the gap that they find is relatively smaller than mine.3 The existing literature tries to explain why consumption is substantially more volatile in lower income countries by relying either on different properties of exogenous shocks (e.g. Aguiar and Gopinath (2007)) or on internat ...
chapter 26 valuing real estate
chapter 26 valuing real estate

... VALUING REAL ESTATE The valuation models developed for financial assets are applicable for real assets as well. Real estate investments comprise the most significant component of real asset investments. For many years, analysts in real estate have used their own variants on valuation models to value ...
Trading Strategies Involving Options
Trading Strategies Involving Options

Analysis and comparison of methods of risk
Analysis and comparison of methods of risk

... Which value of risk-free rate is valid in terms of valuation practice in Slovakia? Is it more appropriate to use average value of return on government bonds from the past or to focus on its direct estimate to the future? We can generally say that absolutely risk-free assets do not exist. In the US, ...
Adjusted Free Cash Flow
Adjusted Free Cash Flow

... adjusted income from continuing operations and the related per share amounts provides useful information to management and investors about the Company’s operating business before taking into account certain items that are non-operational or infrequent in nature. These measures are not defined measur ...
Markowitz and the Expanding Definition of Risk: Applications of Multi
Markowitz and the Expanding Definition of Risk: Applications of Multi

... Equation (2.11) defines the Security Market Line (SML), which describes the linear relationship between the security’s return and its systematic risk, as measured by beta. Let us estimate beta coefficients to be used in the Capital Asset Pricing Model (CAPM) to determine the rate of return on equity ...
Paper-14: Advanced Financial Management
Paper-14: Advanced Financial Management

Profitability of Pairs Trading Strategy
Profitability of Pairs Trading Strategy

Consolidated Financial Statements
Consolidated Financial Statements

... identifiable net assets acquired and is initially recorded at that value. Goodwill is subsequently carried at cost less any impairment. Intangible assets include trademarks, customer relationships and software that is not an integral part of the related hardware. Intangible assets are initially reco ...
KIMBERLY-CLARK CORPORATION 401(K)
KIMBERLY-CLARK CORPORATION 401(K)

... in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with the standards of the Pu ...
NBER WORKING PAPER SERIES HOUSEHOLD CONSUMPTION DATA
NBER WORKING PAPER SERIES HOUSEHOLD CONSUMPTION DATA

... The model predicts that in each period all unconstrained agents share the same consumption growth rate, and that this growth rate is the lowest growth rate across all households. So, interpreting the model literally, one could obtain ĝ(z t+1 ), the empirical estimate of g(z t+1 ) over the period 19 ...
IPO Analysis - Agricultural Bank of China (1288.HK)
IPO Analysis - Agricultural Bank of China (1288.HK)

... Since ABC had disposed of non-performing assets amounting to RMB815.695 billion, and the future operation strategy is has been changed, we assume that the operation model will be similar to that of the other listed State-owned commercial banks. Hence the industrial average P/B ratio, or the P/B rati ...
Stock Price Manipulation Detection Based on Mathematical Models
Stock Price Manipulation Detection Based on Mathematical Models

... pump-and–dump and spoof trading. Pump-and-dump is an action of buying stock, making the price to go higher, and then selling to others for a profit. Spoof trading is an action of sending passive orders in large volume to trick others that the stock should be sold at that price. After the manipulator ...
master-ppt-embed-class8
master-ppt-embed-class8

... depreciation on a straight-line basis. Currently, variable costs are $360,000 at 60% of capacity ($1,800,000 × 20%). If Quigley purchases energy equal to an additional 30% of capacity, it can be assumed that the increase in total variable costs will be half of the variable costs for 60% of capacity, ...
united states securities and exchange commission
united states securities and exchange commission

... difficulties in consolidating facilities and transferring processes and know-how; difficulties in reducing the costs of BCD’s business; the diversion of our management’s attention from the management of our business; the risk that we may not be able to maintain our current growth strategy or continu ...
Financial Performance Measures for Iowa Farms
Financial Performance Measures for Iowa Farms

... Ratios of 30 to 40 percent are common among Iowa farms, although many operate with little or no debt. A high debt load does not make farms less efficient, but principal and interest payments eat into cash flow. High efficiency farms are able to service a higher debt load safely. Another guideline fo ...
Income as the Source of Long-Term Returns
Income as the Source of Long-Term Returns

... The situation in today’s capital markets is seen as unusual, given that bond yields are at historic lows, not just in the United States, but in most developed markets worldwide. Should this change our expectations of the future importance of the income component of returns? We note that the unusuall ...
intermediate-financial-management-10th-edition
intermediate-financial-management-10th-edition

... the market risk of a stock (beta), and it specifies the relationship between risk as measured by beta and the required rate of return on a stock. Its principal developers (Sharpe and Markowitz) won the Nobel Prize in 1990 for their work. The key assumptions are spelled out in Chapter 3, but they inc ...
MF score-card in Q2: HDFC, SBI Mutual see
MF score-card in Q2: HDFC, SBI Mutual see

... INVESTORS have reason to cheer the performance of fund-houses in the April-June quarter. While it was not one of those periods in which a slew of funds outperformed their benchmark indices, a select few did beat the index, aided by superior stock selection and a streak of aggression in investment st ...
Weekend Effect of Stock Returns in the Indian Market
Weekend Effect of Stock Returns in the Indian Market

The Value-Relevance of Earnings and Book Value
The Value-Relevance of Earnings and Book Value

< 1 ... 33 34 35 36 37 38 39 40 41 ... 97 >

Stock valuation

In financial markets, stock valuation is the method of calculating theoretical values of companies and their stocks. The main use of these methods is to predict future market prices, or more generally, potential market prices, and thus to profit from price movement – stocks that are judged undervalued (with respect to their theoretical value) are bought, while stocks that are judged overvalued are sold, in the expectation that undervalued stocks will, on the whole, rise in value, while overvalued stocks will, on the whole, fall.In the view of fundamental analysis, stock valuation based on fundamentals aims to give an estimate of the intrinsic value of a stock, based on predictions of the future cash flows and profitability of the business. Fundamental analysis may be replaced or augmented by market criteria – what the market will pay for the stock, without any necessary notion of intrinsic value. These can be combined as ""predictions of future cash flows/profits (fundamental)"", together with ""what will the market pay for these profits?"" These can be seen as ""supply and demand"" sides – what underlies the supply (of stock), and what drives the (market) demand for stock?In the view of others, such as John Maynard Keynes, stock valuation is not a prediction but a convention, which serves to facilitate investment and ensure that stocks are liquid, despite being underpinned by an illiquid business and its illiquid investments, such as factories.
  • studyres.com © 2025
  • DMCA
  • Privacy
  • Terms
  • Report