Sökning: "unlevered beta"

Hittade 5 uppsatser innehållade orden unlevered beta.

  1. 1. What is the relationship between Levered and Unlevered Beta and financial performance in the United States Technology Sector : A quantitative study of technology companies on the NYSE & NASDAQ from 2020-2022.

    Kandidat-uppsats,

    Författare :Liam Briggs; Nils Odung; Nils Thielemann; [2023]
    Nyckelord :;

    Sammanfattning : .... LÄS MER

  3. 2. Risken i hållbara investeringar : En kvantitativ studie om sambandet mellan ESG och risk

    Kandidat-uppsats, Linköpings universitet/Nationalekonomi; Linköpings universitet/Filosofiska fakulteten

    Författare :Niklas Aspe; Marcus Björk; [2021]
    Nyckelord :;

    Sammanfattning : Sustainable investments are here to stay and the more capital that is invested, the greater interest is aroused in understanding why. One term that has received increasing attention with this development is ESG, which stands for environmental, social and governance. LÄS MER

  4. 3. Can the use of leverage adjustment techniques give reliable estimates of beta risk?

    Master-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Valeriia Dzhamalova; [2010]
    Nyckelord :financial leverage; unlevered beta; Hamada’s leverage adjustment; Business and Economics;

    Sammanfattning : Title: Can the use of leverage adjustment techniques give reliable estimates of beta risk? Purpose: Using the sample of American companies within the five industries for the period 1994-2009 the following hypothesis shall be tested: does the use of leverage adjustment techniques over-penalize the cost of equity for a high level of debt to equity ratio. Methodology: To analyze how well the leverage adjustment works under the assumption of constant risk classes, the cross-sectional linear regression is used. LÄS MER

  5. 4. Decomposing the Book-to-Price Effect: Leverage and Stock Returns

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

    Författare :Thomas Kidane; David Kuritzén; Johan Rönnestig; [2009]
    Nyckelord :book-to-price; enterprise book-to-price; leverage; stock returns; Penman et al;

    Sammanfattning : The starting point for this thesis is a decomposition of book-to-price (B/P) into an enterprise-book-to-price component (that pertains to the firms operations and supposedly reflects operating risk) and a leverage component (assumed to capture financial risk), laid out by Penman et al (2007). Using Swedish data, we show that the leverage component of B/P is negatively associated with future stock returns, conditional upon enterprise-book-to-price. LÄS MER

  7. 5. 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