Assessing Relative Valuation in Equity Markets

Bridging Research and Practice

Business & Finance, Finance & Investing, Finance, Investments & Securities
Cover of the book Assessing Relative Valuation in Equity Markets by Emanuele Rossi, Gianfranco Forte, Palgrave Macmillan UK
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Emanuele Rossi, Gianfranco Forte ISBN: 9781137563354
Publisher: Palgrave Macmillan UK Publication: April 29, 2016
Imprint: Palgrave Macmillan Language: English
Author: Emanuele Rossi, Gianfranco Forte
ISBN: 9781137563354
Publisher: Palgrave Macmillan UK
Publication: April 29, 2016
Imprint: Palgrave Macmillan
Language: English

This book addresses the gap between the widespread use of stock market multiples in valuation practice and the frontiers of research on multiples. The book's approach is twofold: the authors first analyse the performance of multiples metrics in predicting the market price of a set of liquid and highly traded US stocks. The authors then employ these results to test profitable stock purchasing strategies employed in order to 'beat the market'. The results presented widen our understanding of the “market performances” of the valuation tools practitioners utilise in their everyday work. The evidence is of interest to researchers  and equity analysts, who wish to analyse the circumstances in which valuation errors using multiples are more frequent and when market multiples become ineffective in estimating market prices.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book addresses the gap between the widespread use of stock market multiples in valuation practice and the frontiers of research on multiples. The book's approach is twofold: the authors first analyse the performance of multiples metrics in predicting the market price of a set of liquid and highly traded US stocks. The authors then employ these results to test profitable stock purchasing strategies employed in order to 'beat the market'. The results presented widen our understanding of the “market performances” of the valuation tools practitioners utilise in their everyday work. The evidence is of interest to researchers  and equity analysts, who wish to analyse the circumstances in which valuation errors using multiples are more frequent and when market multiples become ineffective in estimating market prices.

More books from Palgrave Macmillan UK

Cover of the book Franchising Globally by Emanuele Rossi, Gianfranco Forte
Cover of the book Hope in Health by Emanuele Rossi, Gianfranco Forte
Cover of the book Westminster, Governance and the Politics of Policy Inaction by Emanuele Rossi, Gianfranco Forte
Cover of the book Animals in China by Emanuele Rossi, Gianfranco Forte
Cover of the book World Orders, Development and Transformation by Emanuele Rossi, Gianfranco Forte
Cover of the book Chinese Educational Migration and Student-Teacher Mobilities by Emanuele Rossi, Gianfranco Forte
Cover of the book Pynchon and Philosophy by Emanuele Rossi, Gianfranco Forte
Cover of the book Women's Work, Men's Cultures by Emanuele Rossi, Gianfranco Forte
Cover of the book Islamic Banks and Financial Institutions by Emanuele Rossi, Gianfranco Forte
Cover of the book The Restructuring of Banks and Financial Systems in the Euro Area and the Financing of SMEs by Emanuele Rossi, Gianfranco Forte
Cover of the book The UK as a Medium Maritime Power in the 21st Century by Emanuele Rossi, Gianfranco Forte
Cover of the book Performing Objects and Theatrical Things by Emanuele Rossi, Gianfranco Forte
Cover of the book The Evolution of Intelligent Systems by Emanuele Rossi, Gianfranco Forte
Cover of the book Derivatives and Hedge Funds by Emanuele Rossi, Gianfranco Forte
Cover of the book Flaubert, Zola, and the Incorporation of Disciplinary Knowledge by Emanuele Rossi, Gianfranco Forte
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy