LEADER 03287nam 22006735 450 001 9910254880303321 005 20251030102234.0 010 $a9781137563354 010 $a1137563354 024 7 $a10.1057/978-1-137-56335-4 035 $a(CKB)3710000000653439 035 $a(DE-He213)978-1-137-56335-4 035 $a(MiAaPQ)EBC4719987 035 $a(Perlego)3488471 035 $a(EXLCZ)993710000000653439 100 $a20160429d2016 u| 0 101 0 $aeng 135 $aurnn|008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aAssessing Relative Valuation in Equity Markets $eBridging Research and Practice /$fby Emanuele Rossi, Gianfranco Forte 205 $a1st ed. 2016. 210 1$aLondon :$cPalgrave Macmillan UK :$cImprint: Palgrave Macmillan,$d2016. 215 $a1 online resource (XIV, 180 p. 6 illus.) 225 1 $aPalgrave Pivot 311 08$a9781137563347 311 08$a1137563346 320 $aIncludes bibliographical references at the end of each chapters and index. 327 $aChapter 1. Relative Valuation: Issues and General Framework -- Chapter 2.Literature Background -- Chapter 3.Accuracy Performance of Relative Valuation -- Chapter 4. A Portfolio Approach: Multiples' Accuracy and Stock Selection -- Conclusion. 330 $aThis book addresses the gap between the widespread use of stock market multiples in valuation practice and the frontiers of research on multiples. The book's approach is twofold: the authors first analyse the performance of multiples metrics in predicting the market price of a set of liquid and highly traded US stocks. The authors then employ these results to test profitable stock purchasing strategies employed in order to 'beat the market'. The results presented widen our understanding of the ?market performances? of the valuation tools practitioners utilise in their everyday work. The evidence is of interest to researchers and equity analysts, who wish to analyse the circumstances in which valuation errors using multiples are more frequent and when market multiples become ineffective in estimating market prices. 410 0$aPalgrave pivot. 606 $aFinancial services industry 606 $aFinancial engineering 606 $aValuation 606 $aBusiness enterprises$xFinance 606 $aFinancial risk management 606 $aFinancial Services 606 $aFinancial Engineering 606 $aInvestment Appraisal 606 $aCorporate Finance 606 $aRisk Management 615 0$aFinancial services industry. 615 0$aFinancial engineering. 615 0$aValuation. 615 0$aBusiness enterprises$xFinance. 615 0$aFinancial risk management. 615 14$aFinancial Services. 615 24$aFinancial Engineering. 615 24$aInvestment Appraisal. 615 24$aCorporate Finance. 615 24$aRisk Management. 676 $a332.6 700 $aRossi$b Emanuele$4aut$4http://id.loc.gov/vocabulary/relators/aut$0118014 702 $aForte$b Gianfranco$4aut$4http://id.loc.gov/vocabulary/relators/aut 906 $aBOOK 912 $a9910254880303321 996 $aAssessing Relative Valuation in Equity Markets$92124920 997 $aUNINA