Results 11 to 20 of about 5,069 (264)
Growth Opportunities, Earning Permanence and the Valuation of Free Cash Flow [PDF]
راهبرد مدیریت مالی, 2017 Equity Valuation Theory prescribes that free cash flow should not be associated with stock returns because it does not add value. However, free cash flow could become a value-relevant construct in certain contexts.
Seyed Mojtaba Hoseini +3 more
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Stock Market Valuation in the United States [PDF]
SSRN Electronic Journal, 2003 This paper gives an overview of some issues related to market valuation, focusing on the developments on the New York equity markets. The 42.4 p.c. fall in the S&P 500 price index between 24 March 2000 - when it reached its all-time high - and 31 December 2002 is situated in a very long term perspective. It then appears that some bear markets were more
Patrick Bisciari +2 more
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DO FUNDAMENTALS DRIVE RELATIVE VALUATION? EVIDENCE FROM GLOBAL STOCK MARKET INDICES
Journal of Financial Management, Markets and Institutions, 2020 In this paper, we use aggregate-level data from global, developed and emerging markets to empirically examine how fundamentals of publicly listed firms drive their relative valuation multiples. First, we find that, in each market, there is a dynamic link
KOMLA AGUDZE, OYAKHILOME IBHAGUI
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A study on limited pre-sale strategy with consideration of consumer regret.
PLoS ONE, 2023 The effect of regret on consumers' purchasing behavior is more and more obvious. The limited pre-sale can make retailers with limited production capacity allocate two periods of stock effectively and increase their income.
Yong-Chang Jiang, Yue-Yu Qi
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Modeling the Equilibrium Price of the Companies Listed in the Prague Stock Exchange
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2020 Valuation provides proper evidence on the financial situation of the firms. Incorrect valuation delivers wrong signals for the market participants and stands on the concepts of markets with information asymmetry.
Florin Aliu +3 more
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Revista de Métodos Cuantitativos para la Economía y la Empresa, 2021 Stock price determination is one of the main issues involved in the acquisition of companies. The transparency and high volume of the stock market make it possible to ascertain valuation multiples.
Vidal García, Raúl +2 more
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Performance Evaluation of Stocks’ Valuation Models at MSE
Studia Ekonomiczne i Regionalne, 2018 Subject and purpose of work: The main task of this paper is to examine the proximity of valuations generated by different valuation models to stock prices in order to investigate their reliability at Macedonian Stock Exchange (MSE) and to present ...
Ivanovski Zoran +2 more
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Equity Warrants Pricing Formula for Uncertain Financial Market
Mathematical and Computational Applications, 2022 In this paper, inside the system of uncertainty theory, the valuation of equity warrants is explored. Different from the strategies of probability theory, the valuation problem of equity warrants is unraveled by utilizing the strategy of uncertain ...
Foad Shokrollahi
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Stock Valuation in Dynamic Economics
SSRN Electronic Journal, 2001 This article develops and empirically implements a stock valuation model. The model makes three assumptions: (i) dividend equals a fixed fraction of net earnings-per-share plus noise; (ii) the economy's pricing kernel is consistent with the Vasicek term structure of interest rates; and (iii) the expected earnings growth rate follows a mean-reverting ...
Chen, Z, Bakshi, G
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Valuation of Stock Loans with Regime Switching
SIAM Journal on Control and Optimization, 2009 This paper is concerned with stock loan valuation in which the underlying stock price is dictated by geometric Brownian motion with regime switching. The stock loan pricing is quite different from that for standard American options because the associated variational inequalities may have infinitely many solutions. In addition, the optimal stopping time
Zhang, Q, Zhou, X
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