Valuation of Equity Securities: History, Theory and ApplicationProvides a treatment of academic and practitioner approaches to equity security valuation. This book challenges conventional academic wisdom surrounding the ergodic properties of stochastic processes, guided by historical and philosophical insights. It presents the implications of a general stochastic interpretation of equity security valuation. |
Contents
PART I Philosophy History and Equity Securities | 1 |
PART II Theories of Equity Security Valuation | 327 |
PART III Fundamental Analysis and Equity Valuation | 531 |
| 701 | |
| 741 | |
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Valuation Of Equity Securities: History, Theory And Application Poitras Geoffrey Limited preview - 2010 |
Common terms and phrases
academic accounting activities approach associated bond calculation capital CAPM changes chart common stock companies corporate costs coupon DCF model debt derivative securities determining discounted distribution Dow theory earnings economic efficient markets hypothesis empirical Equity Securities equity security valuation equity valuation ergodic estimate example exchange expected return firm Fisher forecasting free cash flow fundamental analysis future Graham and Dodd growth stock hedge funds identified impact income increase industry interest rate intrinsic value investors involved issues joint stock Keynes market value method million modern Finance moving average NYSE observed oil sands operating options P/E ratio payments period Poitras portfolio problem produce profit provides relative result risk securities markets security analysis selling shares short selling specific speculative statement stochastic stock market stock prices strategies Syncrude technical analysis tion trading Valuation of Equity value drivers value investing variables yield zero