'Regression beta' diaporamas de présentation

FIN449 Valuation

FIN449 Valuation. Michael Dimond. Beta. What is beta? What does it measure? How do we find it? Is it important? Is it accurate?. Estimating Beta ( ? ). The standard procedure for estimating beta is to regress stock returns ( R j ) against market returns ( R m ) - R j = a + b R m

976 views • 77 slides

FIN449 Valuation

FIN449 Valuation. Michael Dimond. Cost of Capital. Ke Kd WACC. Estimating Inputs: Discount Rates. Critical ingredient in discounted cashflow valuation. Errors in estimating the discount rate or mismatching cashflows and discount rates can lead to serious errors in valuation.

585 views • 47 slides

Corporate Finance: Spring 2014

Corporate Finance: Spring 2014. Aswath Damodaran. Ponderous Thoughts, or maybe not. There are few facts and lots of opinions. Even the givens (cash & risk free rate) are not With accounting and market numbers, all bets are off. The real world is a messy place.

405 views • 32 slides

Corporate Finance: Spring 2014

Corporate Finance: Spring 2014. Aswath Damodaran. Ponderous Thoughts, or maybe not. There are few facts and lots of opinions. Even the givens (cash & risk free rate) are not With accounting and market numbers, all bets are off. The real world is a messy place.

448 views • 32 slides

Corporate Finance: Spring 2013

Corporate Finance: Spring 2013. Aswath Damodaran. Ponderous Thoughts, or maybe not. There are few facts and lots of opinions. Even the givens (cash & risk free rate) are not With accounting and market numbers, all bets are off. The real world is a messy place.

321 views • 32 slides

193 views • 10 slides

211 views • 10 slides

110 views • 10 slides