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标题: Reading 44: Market-Based Valuation: Price and Enterprise Val [打印本页]

作者: 土豆妮    时间: 2011-3-18 15:57     标题: [2011]Session 12-Reading 44: Market-Based Valuation: Price and Enterprise Val

Session 12: Equity Investments: Valuation Models
Reading 44: Market-Based Valuation: Price and Enterprise Value Multiples

LOS q: Describe momentum indicators and their use in valuation.

 

 

Which of the following is a common momentum valuation indicator?

A)
Relative strength.
B)
Dividend yield (D/P).
C)
Price to free cash flow to equity (P/FCFE).


 

Relative strength is generally considered a momentum valuation indicator.

[此贴子已经被作者于2011-3-21 11:36:46编辑过]


作者: 土豆妮    时间: 2011-3-18 15:57

Which of the following is NOT a common momentum valuation indicator?

A)
Earnings surprise.
B)
Dividend yield.
C)
Relative strength.


Dividend yield is not generally considered a momentum valuation indicator.


作者: 土豆妮    时间: 2011-3-18 15:58

In interpreting the standardized unexpected earnings (SUE) momentum measure, it can be concluded that a given size forecast error is:

A)
scaled by the earnings surprise.
B)
more meaningful the smaller the historical size of forecast errors.
C)
more meaningful the larger the historical size of forecast errors.


A given size forecast error is more (less) meaningful the smaller (larger) the historical size of forecast errors.






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