Risk and Return
Markowitz portfolio theory. Risk and return relationship. Validity and the role of the CAPM. Efficient frontier. Security market line. Capital asset pricing model. Testing the CAPM. Consumption betas with market betas and the arbitrage pricing theory.
Подобные документы
The summary of capital market history. Measuring and calculating portfolio risk. Beta and unique risk. Diversification and value additivity. Measuring risk variance - average value of squared and standard deviations from mean. A measure of volatility.
презентация, добавлен 02.08.2013The concepts of Markowitz`s portfolio theory. The way to find the value of a risky security to add a premium for risk to the pure rate of interest. The followings from the relation between the variance of the return of a portfolio and of its securities.
статья, добавлен 11.08.2013The problem of correct pricing. Asset pricing as one of the main problems of financial markets. The efficiency market hypothesis. Speculative bubble is a phenomenon in the financial market when the market price exceeds the fundamental value of an asset.
дипломная работа, добавлен 07.09.2018Theory of warrant and option pricing. The foundations for a rational theory of option pricing. Principal difference between valuing the call option. Effects of dividends and changing exercise price. An alternative derivation of the formula Black-Scholes.
книга, добавлен 10.09.2012Company and project costs of capital. Measuring the cost of equity. Setting discount rates w/o beta. Certainty equivalents. Discount rates for international projects. Measuring and estimated betas. Beta stability. Capital structure. International risk.
презентация, добавлен 02.08.2013Determination of the place and role of non-bank financial institutions in the development of the financial services market. Development of special systems of insurance and protection against financial risks. Increase in the return on loan capital.
статья, добавлен 08.09.2020Arbitrageurs play a central role in standard finance. Essence and characteristic the two types of risk limit arbitrage. The first is fundamental risk. The second source of risk that limits arbitrage comes from unpredictability of the future resale price.
статья, добавлен 11.08.2013Pricing strategy as the pursuit of identifying the optimum price for goods. Main pricing strategies: Discount, Market Penetration, Premium, Skim Pricing. Skim pricing as a technique that companies use to find the optimum price point for a product.
доклад, добавлен 20.12.2014Модель оценки капитальных активов (CAPM - Capital Asset Pricing Model), ее достоинства и недостатки. Предпосылки и свойства модели, связь между риском и доходностью. Имерение бета-коэффициента и безрисковой ставки. Модель арбитражного ценообразования.
курсовая работа, добавлен 08.10.2009Analysis of the period of company take over in terms of risk-return trade off. Description of the model used to analyze the volatility of stock returns. Exploration of dependence the volatility of stock return on the type of the acquiring company.
дипломная работа, добавлен 30.07.2016Analysis of the mechanisms of state regulation of the stock market based on national characteristics. The importance of creating an adequate legal framework. The need for control over pricing processes by state authorities in the securities market.
статья, добавлен 03.12.2020Determining the relationship between market structure and financial decisions of companies. Determining degree of influence of market structure on the capital structure. The market structure implies market power, which is measured by the Tobin’s Q ratio.
статья, добавлен 01.06.2018The relationship between sovereign ratings and eurobond returns. Return volatility as the dependent variable, control, announcements of rating events, stationarity checks. Panel regression model. Empirical model for the Russian sovereign debt market.
дипломная работа, добавлен 14.08.2016The risk assessment method in information uncertainty, its place in the system of credit risk management of banks that lend to enterprises in various sectors of the economy. Determination of the level of riskiness of Bank activity in the lending market.
статья, добавлен 29.09.2016Going concern in terms of economic instability and financial disorders. The effect of a firm's capital structure on its market value. Connection between ratio of total debt to total capital of the company and its market value in economy of Nigeria.
статья, добавлен 23.03.2016Introduction to the concept of net present value. The study of the major differences between investment decisions and decisions on funding. The study of the essence of efficient capital markets. The content of the six lessons of market efficiency.
презентация, добавлен 02.08.2013Role, importance and place of volatility in risk management. Features and characteristics of volatility risk management using financial instruments, the prices of which depend on the volatility of the financial asset. Building a risk management system.
дипломная работа, добавлен 09.08.2018Assessing risks of Zagreb Stock Exchange and future offerings that are relevant in making the decisions about investments. The importance of diversification and systemic risk of individual stocks. Systemic risk of the given portfolio and its importance.
статья, добавлен 02.07.2013The principles of the functioning of financial markets in the context of globalization. Trends in capital flows in the world today. Risk evaluation in the banking sector of Ukraine. Impact of financial crisis on the living standards of the population.
статья, добавлен 25.03.2016Principles of organization of financial security of the company, which are necessary for the construction of a mechanism for reducing corporate financial risks. An exemplary portfolio of financial risks that may arise in the main areas of the enterprise.
статья, добавлен 01.09.2018Consideration of technological innovations as the driving force of development, the main optimization technology, with high growth rates of industrial enterprises. Assessment of the profitability and risks of Chinese shares, recommendations to investors.
дипломная работа, добавлен 10.08.2020A review of the basics. NPV and its competitors. The book rate of return. Internal rate of return. Capital rationing. CFO decision tools. The payback period of a project. Term structure assumption. Profitability index. Linear programming. Vegetron case.
презентация, добавлен 02.08.2013The testing whether there is a significant market reaction to the divestiture deal announcement in market. Testing of the hypothesis that divestitures create value for shareholders of a parent company to help managers justify the need of divestiture deal.
дипломная работа, добавлен 01.09.2018Оценка показателей кредитного риска посредством RAROC (Risk-Adjusted Return on Capital). Учет изменений качества и рискованности портфеля. Необходимость включения показателя управления качеством портфеля в процесс бизнес-планирования организации.
статья, добавлен 28.06.2018Investor relations of communication, because there is no other area where there are so many rules about when, to whom and why something needs to be said. The imperative of investor relations is to strengthen trust between capital market participants.
статья, добавлен 22.11.2021