Sökning: "Bottom-up Betas"

Hittade 3 uppsatser innehållade orden Bottom-up Betas.

1. 1. Speculative Betas in Europe - Based on Evidence from Western European Stocks and Bonds

   D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Författare :Bence Földi; Tiran Zhao; [2018]
   Nyckelord :Asset pricing; Heterogeneous beliefs; Disagreement; Speculative betas; Security Market Line;

   Sammanfattning : We find and present compelling evidence to reject the classic one-regime CAPM Security Market Line based on data from developed European equity markets which we proxy by taking the original 12 members of the euro area combined with the UK. We construct a bottom-up measure for aggregate disagreement which we prove to negatively influence the curvature of the Security Market Line. LÄS MER

3. 2. B-Values : Risk Calculation for Axfood and Volvo Bottom up beta approach vs. CAPM beta

   Kandidat-uppsats, Institutionen för teknik och samhälle

   Författare :Divesh Ljungström; [2007]
   Nyckelord :CAPM; Jensen’s measure alpha; Security market line; Bottom-up Betas; Levered Beta; Unlevered Beta; Required return on Equity; Debt Equity ratio.;

   Sammanfattning : The aim of this thesis is to study the risk for two Swedish companies, Axfood and Volvo. To test the required return on equity, a bottom-up beta approach and a CAPM regression beta are used. LÄS MER

4. 3. Betavärdet som riskestimat

   Magister-uppsats, Institutionen för ekonomi och företagande

   Författare :Petter Lindström; Tobias Willig; [2005]
   Nyckelord :Business and economics; Ekonomi; betavärde; bottom-up; risk; avkastning;

   Sammanfattning : As stocks have become a more common way for people to save their money, the range of financial information has had a substantial increase. To understand the assumptions that stock valuation and analysis are built upon, it is important for the reader to have an understanding for the models that are used by banks and institutions when recommendations are published. LÄS MER