LEADER 03209nam 2200565 450 001 9910463681703321 005 20200520144314.0 010 $a3-95489-569-2 035 $a(CKB)2670000000534402 035 $a(EBL)1640416 035 $a(SSID)ssj0001217718 035 $a(PQKBManifestationID)11689421 035 $a(PQKBTitleCode)TC0001217718 035 $a(PQKBWorkID)11203874 035 $a(PQKB)10401449 035 $a(MiAaPQ)EBC1640416 035 $a(Au-PeEL)EBL1640416 035 $a(CaPaEBR)ebr10856490 035 $a(OCoLC)871780153 035 $a(EXLCZ)992670000000534402 100 $a20140419h20142014 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aValue stocks beat growth stocks $ean empirical analysis for the German stock market /$fSchiessl, Christian 210 1$aHamburg, Germany :$cAnchor Academic Publishing,$d2014. 210 4$dİ2014 215 $a1 online resource (72 p.) 300 $aDescription based upon print version of record. 311 $a3-95489-069-0 320 $aIncludes bibliographical references. 327 $aValue Stocks beat Growth Stocks; Table of contents; List of tables; List of figures; List of abbreviations; List of symbols; 1. Introduction; 1.1 Motivation; 1.2. Structure and objective; 2. Conceptual definition; 2.1. Value investing; 2.2. Growth investing; 2.3. Links between Value and Growth investing; 3. Asset pricing theories; 3.1. Capital Asset Pricing Model; 3.1.1. Risk-free interest rate; 3.1.2. Market risk-premium; 3.1.3. Beta factor; 3.1.4. Criticism and extensions; 3.2. Fama and French three factor model; 3.3. Explanation approaches for the value premium 327 $a3.4. Carhart four factor model 4. Determinants of expected stock returns; 4.1. Price-to-book; 4.2. Price-to-earnings; 4.3. Dividend yield; 4.4. Size; 4.5. Momentum; 4.6. Further determinants; 5. Empirical studies for the German stock market; 6. Own empirical analysis; 6.1. Data and methodology; 6.2. Descriptive statistics; 6.3. Seasonality; 6.4. Univariate and multivariate regressions; 7. Conclusion; Reference list 330 $aBased on a 'free of survivorship-bias' sample of German stocks listed at the Frankfurt stock exchange, the study investigates the ability of hedge portfolio formation structures, built of three value premium proxies (P/B, P/E, and DY), the size factor, and the technical momentum factor, to generate excess returns in the period 1992 to 2011. First, the author characterizes and defines the significant terms that are in connection with value and growth investing. He continues with the discussion of asset pricing with the CAPM, the Fama and French three-factor model, and the Carhart extension, 606 $aStocks$xHistory 606 $aStocks$xRate of return 608 $aElectronic books. 615 0$aStocks$xHistory. 615 0$aStocks$xRate of return. 676 $a332.0415 700 $aSchiessl$b Christian$0920706 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910463681703321 996 $aValue stocks beat growth stocks$92064922 997 $aUNINA LEADER 01883nam 2200577 450 001 9910779083103321 005 20230617015217.0 010 $a1-283-44674-X 010 $a9786613446749 010 $a1-58979-733-7 035 $a(CKB)2550000000084465 035 $a(StDuBDS)AH23072948 035 $a(SSID)ssj0000600850 035 $a(PQKBManifestationID)12243625 035 $a(PQKBTitleCode)TC0000600850 035 $a(PQKBWorkID)10601898 035 $a(PQKB)11421399 035 $a(MiAaPQ)EBC843383 035 $a(Au-PeEL)EBL843383 035 $a(CaPaEBR)ebr10895406 035 $a(CaONFJC)MIL344674 035 $a(OCoLC)773567070 035 $a(EXLCZ)992550000000084465 100 $a20140721h20052005 uy 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aJapanese business dictionary /$fedited by Ritsuko Moore 210 1$aRockville, Maryland :$cSchreiber Publishing,$d2005. 210 4$dİ2005 215 $a1 online resource (220 p.) 300 $a"English-Japanese, Japanese-English"--Cover. 311 $a0-88400-313-2 330 8 $aThis is the next generation of business dictionaries. Including modern banking, accounting, insurance, real estate, import-export, taxes, business law and computer terms, this is an essential resource for those working in multilingual, multicultural business fields. 606 $aBusiness$vDictionaries 606 $aCommerce$vDictionaries 606 $aEnglish language$vDictionaries$xJapanese 615 0$aBusiness 615 0$aCommerce 615 0$aEnglish language$xJapanese. 676 $a330/.03 702 $aMoore$b Ritsuko 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910779083103321 996 $aJapanese business dictionary$93694592 997 $aUNINA