This book provides a comprehensive and rigorous treatment of academic and practitioner approaches to equity security valuation. Guided by historical and philosophical insights, conventional academic wisdom surrounding the ergodic properties of stochastic processes is challenged. In addition, the implications of a general stochastic interpretation of equity security valuation are provided. Valuation of Equity Securities will also be a good reference source for students and professionals interested in the theoretical and practical applications of equity securities.Due to the day-to-day variation in the breadth indicator (and the DJIA), moving average methods can be used to ... From the efficient markets hypothesis a where a#39;technical analysisa#39; and a#39;fundamental analysisa#39; are given interpretations that doanbsp;...
|Title||:||Valuation of Equity Securities|
|Publisher||:||World Scientific - 2010-09-21|