Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Investment Performance Of Common Stock In Relation To Their Price Earnings Ratios
Download Investment Performance Of Common Stock In Relation To Their Price Earnings Ratios full books in PDF, epub, and Kindle. Read online Investment Performance Of Common Stock In Relation To Their Price Earnings Ratios ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Investment Performance of Common Stock in Relation to Their Price-earnings Ratios by : Jordan R. Tilley
Download or read book Investment Performance of Common Stock in Relation to Their Price-earnings Ratios written by Jordan R. Tilley and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In this study, the work of Basu 1977 is partly replicated using subsequent market data. A trading strategy of investing in assets based on their price-earnings ratio is back-tested, thus also testing the efficient market hypothesis. Market data over the past twenty-five years (1989-2014) was gathered, cleaned, and modeled to test for unexplained return to five portfolios ranked by PE ratio. The data was tested using the single-factor Capital Asset Pricing Model and the Fama-French three-factor model. The dataset was then decomposed by price and similarly modeled to test whether the effectiveness of using PE as a leading indicator is limited by the price level of an asset. I conclude that investing in a portfolio comprised of the lowest PE ratio assets yields the highest unexplained returns over the period examined. I also find that this strategy is primarily driven by low and mid-priced stocks, and does not hold at high price levels. In this analysis, the efficient market hypothesis does not hold.
Book Synopsis An Investigation of Investment Performance of Common Stocks in Relation to Price-earnings Ratios Using Canadian Stock Data by : Kenneth Booth
Download or read book An Investigation of Investment Performance of Common Stocks in Relation to Price-earnings Ratios Using Canadian Stock Data written by Kenneth Booth and published by . This book was released on 1988 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Investment Performance and Price-earnings Ratios by : Richard John Criddle
Download or read book Investment Performance and Price-earnings Ratios written by Richard John Criddle and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In this work I reexamined Basu0́9s 1977 work using an out-of-sample, out-of-period test on the returns of a sample of common stock for the period February 2003 to December 2012, from the viewpoint of a rational investor wishing to use data for investment approaches. The data was examined for normalcy, and similar methodology and definitions of ratios and return were used in order to closely follow Basu0́9s work. I found that the assets in the sample used here do not display the same results found by Basu in regard to the relationship between returns and price-earnings ratio under either the capital asset pricing model, used by Basu, or the more recent Fama-French three factor model.
Book Synopsis A Few Good Eggs in One Basket by : Richard L. Gunderson
Download or read book A Few Good Eggs in One Basket written by Richard L. Gunderson and published by iUniverse. This book was released on 2012-04-19 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a stock market environment dominated by professional investors, A Few Good Eggs in One Basket o?ers a plain-talk approach to pro?tability by selecting and managing an investment portfolio of common stocks for an individual. Author Richard L. Gunderson, who has been an investor for more than forty years, outlines an enduring framework that improves the odds for the individual investor to exceed the performance of the market over the long term by buying good companies at bargain prices. He outlines what constitutes a good company and how to determine when a price meets the test of being a bargain. A Few Good Eggs in One Basket also helps individual investors by discussing what to look for; where to look; when to buy; when to sell; and how many stocks to own. A Few Good Eggs in One Basket presents a prescription designed to take advantage of opportunities created by market overreaction to bad news and disappointing results. Gunderson believes there are always bargains at any time and in any market. The challenge is to consistently apply a disciplined approach to identifying the unusual and favorable opportunities and concentrating a portfolio on those stocks representing the best combination of overall quality and intrinsic value.
Book Synopsis Investing in Common Stocks by : Arnold Bernhard
Download or read book Investing in Common Stocks written by Arnold Bernhard and published by . This book was released on 1975 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Relationship Between Investment Performance of Equity Securities and Their Price-earnings Ratios by : Sanjoy Basu
Download or read book The Relationship Between Investment Performance of Equity Securities and Their Price-earnings Ratios written by Sanjoy Basu and published by . This book was released on 1975 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Investment Performance of Low Yielding Stocks, with Relevance to the Market Appraisal and Valuation of Prospective Growth by : Hadi H. Alwan
Download or read book The Investment Performance of Low Yielding Stocks, with Relevance to the Market Appraisal and Valuation of Prospective Growth written by Hadi H. Alwan and published by . This book was released on 1959 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Paths to Wealth Through Common Stocks by : Philip A. Fisher
Download or read book Paths to Wealth Through Common Stocks written by Philip A. Fisher and published by John Wiley & Sons. This book was released on 2007-08-03 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paths to Wealth through Common Stocks contains one original concept after another, each designed to greatly improve the results of those who self-manage their investments -- while helping those who rely on professional investment advice select the right advisor for their needs. Originally written by investment legend Philip A. Fisher in 1960, this timeless classic is now reintroduced by his well-known and respected son, successful money manager Ken Fisher, in a new Foreword. Filled with in-depth insights and expert advice, Paths to Wealth through Common Stocks expands upon the innovative ideas found in Fisher's highly regarded Common Stocks and Uncommon Profits -- summarizing how worthwhile profits have been and will continue to be made through common stock ownership, and revealing why his method can increase profits while reducing risk. Many of the ideas found here may depart from conventional investment wisdom, but the impressive results produced by these concepts -- which are still relevant in today's market environment -- will quickly remind you why Philip Fisher is considered one of the greatest investment minds of our time.
Book Synopsis The Investment Performance of Common Stocks in Nigeria by : Oluseun Paseda
Download or read book The Investment Performance of Common Stocks in Nigeria written by Oluseun Paseda and published by LAP Lambert Academic Publishing. This book was released on 2016-11-07 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study considers the investment performance of common stocks (also known as equities) in Nigeria. The underlying finance theories include the Miller-Modigliani (MM) theory, capital asset pricing model (CAPM), the information content of dividends, relationship between common stock returns and systematic factors, the price-earnings ratio and growth potential puzzle and the inflation-hedging capacity of common stocks. The study utilized panel data least squares regression models. The results were mixed with respect to the empirical conformity of the seminal theories. While MM Proposition I holds, the results show weak portability of the MM Proposition II. The CAPM lacks empirical support on the Nigerian Stock Exchange (NSE). The information content of dividends theory has strong empirical support. The study also finds strong support for the interaction between common stocks and macroeconomic factors such as industrial production index, term spread and risk premium. The relationship between price-earnings and growth was weak. Finally, common stocks were found to be effective in hedging against expected inflation but poor hedgers against unexpected inflation.
Book Synopsis Common Stocks and Uncommon Profits by : Philip A. Fisher
Download or read book Common Stocks and Uncommon Profits written by Philip A. Fisher and published by John Wiley & Sons. This book was released on 1997-11-07 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Not Obtainable
Book Synopsis Testing Whether the Price-earnings Ratio is an Indicator of Superior Investment Performance of Common Stocks on the Toronto Stock Exchange by : James Scott Dunne
Download or read book Testing Whether the Price-earnings Ratio is an Indicator of Superior Investment Performance of Common Stocks on the Toronto Stock Exchange written by James Scott Dunne and published by . This book was released on 1997 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Evaluation of Common Stocks by : Arnold Bernhard
Download or read book The Evaluation of Common Stocks written by Arnold Bernhard and published by New York : Simon and Schuster. This book was released on 1959 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Memoirs of an Indian politician and former Foreign Minister of Government of India.
Book Synopsis Value Line Methods of Evaluating Common Stocks, Building and Maintaining a Portfolio by : Arnold Bernhard
Download or read book Value Line Methods of Evaluating Common Stocks, Building and Maintaining a Portfolio written by Arnold Bernhard and published by . This book was released on 1979 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis How to Invest in Common Stocks with the Aid of the Value Line Investment Survey by : Arnold Bernhard
Download or read book How to Invest in Common Stocks with the Aid of the Value Line Investment Survey written by Arnold Bernhard and published by . This book was released on 1974 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Common Stocks as Long-term Investments in the Nineteen-sixties by : Alan J. Zakon
Download or read book Common Stocks as Long-term Investments in the Nineteen-sixties written by Alan J. Zakon and published by . This book was released on 1964 with total page 890 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An Introduction to Risk and Return from Common Stocks by : Richard A. Brealey
Download or read book An Introduction to Risk and Return from Common Stocks written by Richard A. Brealey and published by MIT Press (MA). This book was released on 1969 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Keys to Investing in Common Stocks by : Barbara Apostolou
Download or read book Keys to Investing in Common Stocks written by Barbara Apostolou and published by Barron's Educational Series. This book was released on 2000 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Revised and updated to reflect recent market trends, this easy-to-read book describes common stocks, stock exchanges, blue chips, mutual funds, 401(K) plans, and the activities of the Securities and Exchange Commission and Federal Reserve Board.
