Showing 1 - 10 of 12,325
Persistent link: https://www.econbiz.de/10012242168
based on introducing stochastic idiosyncratic cash flow risk into an equity valuation model of firms with growth options …. Within our model, a firm's systematic risk depends on the delta of its growth option. The growth option's delta is lower when … idiosyncratic volatility rises, driving down the firm's systematic risk and hence its expected return - firms with higher …
Persistent link: https://www.econbiz.de/10013007739
Persistent link: https://www.econbiz.de/10011899718
Persistent link: https://www.econbiz.de/10001190516
Investment professionals, particularly financial analysts or security analysts evaluate securities and try to determine characteristics of securities and to identify mispriced securities. For that purpose they use different models to estimate the intrinsic value of the common stocks. Traditional...
Persistent link: https://www.econbiz.de/10009787042
Persistent link: https://www.econbiz.de/10011702033
Persistent link: https://www.econbiz.de/10010198518
Persistent link: https://www.econbiz.de/10001582585
Persistent link: https://www.econbiz.de/10012651631
Persistent link: https://www.econbiz.de/10011722094