Sökning: "price - to - book ratio"

Visar resultat 11 - 15 av 42 uppsatser innehållade orden price - to - book ratio.

1. 11. The Swedish equity market: Anomalies and pricing contributions using portfolio sorting techniques

   Master-uppsats, Göteborgs universitet/Graduate School

   Författare :Max Hulth; Gustav Nilsson; [2018-07-04]
   Nyckelord :Asset pricing; Anomalies; Portfolio sorting; CAPM; Fama French three-factor model; Carhart four-factor model;

   Sammanfattning : The Capital Asset Pricing Model (CAPM) is a widely used tool to describe the risk-return relationship for stocks. Several studies focusing on asset pricing have during the last decades indicated that the one-factor model CAPM is associated with limitations to explain the cross-sectional and time variation in expected stock returns. LÄS MER

3. 12. Models explaining the average return on the Stockholm Stock Exchange

   Kandidat-uppsats, Högskolan i Jönköping/Internationella Handelshögskolan

   Författare :Jämtander Jämtander; [2018]
   Nyckelord :Asset Pricing Model; P E ratio; CAPM; Market Efficiency; Market return; risk-free rate; Anomaly; Behavioral finance; Fama-French Three Factor Model; Fama-French Four Factor Model; Stockholm Stock Exchange; Market value; Book-to-market value; Portfolio; OLS-regression;

   Sammanfattning : Using three different models, we examine the determinants of average stock returns on the Stockholm Stock Exchange during 2012-2016. By using time-series data, we find that a Fama-French three-factor model (directed at capturing size and book-to-market ratio) functions quite well in the Swedish stock market and is able to explain the variation in returns better than the traditional CAPM. LÄS MER

4. 13. A study of value investment strategies based on dividend yield, price-to-earnings and price-to-book ratios in Swedish stock market

   Magister-uppsats, Högskolan i Jönköping/Internationella Handelshögskolan

   Författare :Drevelius Markus; Jonas Sormunen; [2018]
   Nyckelord :Value investing; dividend yield; price - to - earnings ratio; price - to - book ratio;

   Sammanfattning : As the existence of value premium has been showed in previous studies, this paper focuses on studying strategies for capitalizing this value premium in Swedish stock market. This paper studies the possible gains and risks of value investing strategies constructed with dividend yield, price-to-earnings (P/E) and price-to-book (P/B) ratios in Swedish stock market during 2006-2016. LÄS MER

5. 14. Value and growth stocks on the Chinese stock market

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

   Författare :Qingqing He; Peilun Li; [2018]
   Nyckelord :Value Investing; Growth Investing; Chinese Equities;

   Sammanfattning : This thesis investigates whether an investor can get superior returns when investing in value stocks compared to investing in growth stocks on the Chinese stock exchange (2009-2017). Value and growth stocks are classified by financial ratios. LÄS MER

7. 15. Pricing contingent convertible bonds: A numerical implementation with the hybrid equity-credit model

   Master-uppsats, Göteborgs universitet/Graduate School

   Författare :Maggie Wan-Chun Bogert; Zhang Zhao; [2017-07-25]
   Nyckelord :Contingent Convertible Bonds; Equity-credit Model; CoCos; Fortet Algorithms; Pricing;

   Sammanfattning : The contingent convertible (CoCo) bond is a loss-absorbing instrument which can be converted mandatorily to common equity when a trigger event happens, such as the bookvalue trigger and the discretionary trigger. The book-value trigger means that once the capital ratio hits the pre-specified threshold, the equity conversion will be activated. LÄS MER