Sökning: "beta bottom-up"

Hittade 4 uppsatser innehållade orden beta bottom-up.

  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 mått på systematisk risk inom aktievärdering

    Kandidat-uppsats, Institutionen för ekonomi

    Författare :Dick Rehnström; [2005]
    Nyckelord :Betavärde; CAPM; aktievärdering;

    Sammanfattning : The beta value is frequently described in theory and is a well known factor to quantify the systematic risk in shares through the CAPM model. Initially, this study describes the advantages and difficulties with the estimating process and the problematic nature of the assumptions and descisons included in published beta values. LÄS MER

  5. 4. 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