Stockperformance indicators post recession: - A Study of valuation tools and strategies during recovery
Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Problem: What are the most useful techniques to indicate the stocks that will outperform the market 12 month post the recession period? Purpose: The purpose is to find out which method(s): P/B, EV/EBIT, level of debt and so on, will offer investors the highest returns on the investments post the recession period based on the example of the IT crisis of 2000/2001. Method: Quantitative study, covering the Swedish OMX Index from 2001 until December 2002. Conclusions: Three variables should be reconsidered when making an investment decision post the recession period. These variables were earlier 12 months returns, dividend yield and P/E ratios. However, it is crucial to understand that these three tools should not be viewed all together.
Place, publisher, year, edition, pages
2009. , 70 p.
Valuation tools; investment management, P/E ratio and CAPM, stock market performance, portfolio management, Market efficiency theory, Discounted Cash flow model
IdentifiersURN: urn:nbn:se:umu:diva-23181OAI: oai:DiVA.org:umu-23181DiVA: diva2:220852
Nilsson, Kerstin, Tf studierektor