Sökning: "implied return on equity"

Visar resultat 1 - 5 av 10 uppsatser innehållade orden implied return on equity.

1. 1. Aktieanalytikers träffsäkerhet på den svenska aktiemarknaden : En kvantitativ studie om prognosfel på riktkurser och dess samband med bolagsspecifika variabler

   Magister-uppsats, Linköpings universitet/Institutionen för ekonomisk och industriell utveckling; Linköpings universitet/Filosofiska fakulteten

   Författare :Linnea Nilsson; Ella Säll; [2023]
   Nyckelord :Equity analysis; target price; accuracy; equity analyst; valuation; Aktieanalys; riktkurs; träffsäkerhet; aktieanalytiker; företagsvärdering;

   Sammanfattning : Bakgrund: Internationell forskning pekar nästan samstämmigt på ett systematiskt problem med att aktieanalytiker regelbundet misslyckas med att publicera korrekta riktkurser. Aktieanalytikerna tenderar att övervärdera aktier, och deras prognoser stämmer sällan. LÄS MER

3. 2. Performance of Small- and Large-cap stock portfolios- The importance of market anomalies across business cycles

   Master-uppsats, Göteborgs universitet/Graduate School

   Författare :Erik Hulth; [2021-06-30]
   Nyckelord :Stock performance; Market anomalies; Asset pricing; Portfolio sorting techniques; Factor-portfolio sorting techniques; Value effect; Size effect; Momentum effect; Temporal influences; Business cycles; GDP-gap; Single-and Multi- Factor models; CAPM; Fama-French Three-Factor model; Carhart Four-Factor model; Risk-adjusted equity returns; Sharpe Ratio; Jensen´s alpha; NASDAQ OMX and NYSE;

   Sammanfattning : This Master´s thesis investigated the importance of the market anomalies size (market capitalization), value (Book-to-Market ratio) and momentum (lagged short-term momentum) for equity returns of small- and large-cap composite stock portfolios. The study focused on two contrasting stock markets (NASDAQ OMX and NYSE) across domestic business cycles over the time-period 2006 to 2021. LÄS MER

4. 3. Profit Expectations of Startups in the Nordics

   D-uppsats, Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Författare :Ian Clark; Junehee Han; [2020]
   Nyckelord :Fundamental valuation; implied return on equity; profit expectations; residual income valuation; startups;

   Sammanfattning : This paper investigates the reasonableness of the expected returns on equity for startups in the Nordics. With a sample of 109 companies listed in Sweden, Norway, Finland, and Denmark, we deduce the market's expected profitability represented by the implied return on equity from a Residual Income Valuation (RIV) model through reverse engineering. LÄS MER

5. 4. Machine Learning - The Future of Equity Premium Prediction

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

   Författare :Alfred Hedlund; Ibrahim Mete Bacak; [2020]
   Nyckelord :Machine learning; Equity premium; Prediction; Penalized linear models; Non-linear models;

   Sammanfattning : Predictions of the equity premium have historically been made by using traditional predictive regressions. Despite the great promise of machine learning applications for prediction tasks, it has largely been overlooked in the financial literature. LÄS MER

7. 5. The Rolling Window Method: Precisions of Financial Forecasting

   Master-uppsats, KTH/Matematisk statistik

   Författare :Ludvig Hällman; [2017]
   Nyckelord :;

   Sammanfattning : In this thesis we set out to study the prediction accuracy of statistical quantities related to portfolio analysis and risk management implied by a given set of historical data. The considered forecasting procedure rely on rolling-window estimates over varying horizons where the resulting empirical return distributions can be considered the corresponding stationary distributions. LÄS MER