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BBS

BBS. 1990-1994. E-MAIL. DISKUSNÉ SKUPINY, FÓRA. https://groups.google.com/forum. WINDOWS. WINDOWS. INTERNET EXPLORER. WWW sites. P/E RATIO. price. cena akcie. P/E ratio =. =. earnings. ročný zisk na akciu. PRÍ KLAD.

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BBS

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  1. BBS 1990-1994

  2. E-MAIL

  3. DISKUSNÉ SKUPINY, FÓRA https://groups.google.com/forum

  4. WINDOWS

  5. WINDOWS

  6. INTERNET EXPLORER

  7. WWW sites

  8. P/E RATIO price cena akcie P/E ratio = = earnings ročný zisk na akciu

  9. PRÍKLAD Vypočítajte P/E ratio a rastúcu perpetuitu. Je akcia nadhodnotená alebo podhodnotená?

  10. P/E ratio k 31.12.2010 je 10/1,21 = 8,26

  11. CENA FIRMY • História ziskov • Výhľad na zisky • Výhľad na cenu akcie do budúcnosti

  12. TRHOVÁ KAPITALIZÁCIA Počet akcií krát cena akcie

  13. Burzový index • Dow Jones Industrial Average DJIA nie je váhovaný kapitalizáciou • Hang Seng je váhovaný

  14. Burzy • NYSE, NASDAQ, COMEX • Londýn, Tokyo, Franfurkt, Singapúr, Hong Kong

  15. Pasívne a aktívne spravované fondy • Indexové fondy • ETF - Exchange Traded funds

  16. Burton Malkiel - 1973 “A blindfolded monkey throwing darts at a newspaper’s financial pages could select a portfolio that would do just as well as one carefully selected by experts.”

  17. Rob Arnott, CEO of Research Affiliates • randomly selected 100 portfolios containing 30 stocks from a 1,000 stock universe. They repeated this processes every year, from 1964 to 2010

  18. From 1964 to 2011, the annualized return for the 1,000 stocks used by Research Affiliates was 9.7 percent. The 30 largest companies in the 1000 made up about 40 percent of the capitalization weight, but their return was only 8.6 percent annually. The other 970 stocks made up 60 percent by capitalization weight and their return was 10.5 percent annually. That’s a 0.8 percent per year premium return for smaller stocks over the 1,000 stock universe and a 1.9 percent premium return over the largest stocks.

  19. Videl niekto bublinu?

  20. DOT COM firmy

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