全部版块 我的主页
论坛 金融投资论坛 六区 金融学(理论版)
11650 9
2011-03-14
鉴于此贴无人问津~~~这里悬赏答案吧,分析的比较好比较到位的我会给20~100金币的奖励哦,大家帮帮忙嘛

最近在试着做一个金融计算器,用来计算上市公司的BETA,WACC之类的数据
思考之后这几个概念的定义和区别让我很困扰,希望高手们能来指导一下
BETA
unleveraged BETA
leveraged BETA
adjusted BETA
adjusted historical BETA
希望能简要给出定义和区别,然后他们各自如何计算的,如果能介绍下用途和优缺点就更好了
谢谢大家~~~
二维码

扫码加我 拉你入群

请注明:姓名-公司-职位

以便审核进群资格,未注明则拒绝

全部回复
2011-3-15 11:28:03
没人帮帮忙么~~~~自己顶下先~~~
二维码

扫码加我 拉你入群

请注明:姓名-公司-职位

以便审核进群资格,未注明则拒绝

2011-3-18 10:27:22
求高人指点
二维码

扫码加我 拉你入群

请注明:姓名-公司-职位

以便审核进群资格,未注明则拒绝

2011-3-21 11:02:40
继续顶下,求解答,分析的比较好比较到位的我会给50+金币奖励哦
二维码

扫码加我 拉你入群

请注明:姓名-公司-职位

以便审核进群资格,未注明则拒绝

2011-3-21 11:57:51
beta:
A measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. Beta is used in the capital asset pricing model (CAPM), a model that calculates the expected return of an asset based on its beta and expected market returns. Beta is calculated using regression analysis, and you can think of beta as the tendency of a security's returns to respond to swings in the market. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market. For example, if a stock's beta is 1.2, it's theoretically 20% more volatile than the market.

Unlevered Beta:
A type of metric that compares the risk of an unlevered company to the risk of the market.  The unlevered beta is the beta of a company without any debt. Unlevering a beta removes the financial effects from leverage.  The beta of a leveraged required return; that is, the beta as adjusted for the degree of leverage in the firm's capital structure.

Leveraged Beta:
The beta of a leveraged required return; that is, the beta as adjusted for the degree of leverage in the firm's capital structure.

Adjusted Beta:
An estimate of a security's future beta that involves modifying the security's historical (measured) beta owing to the assumption that the security's beta has a tendency to move over time toward the average beta for the market or the company's industry.

adjusted historical BETA:
An estimate of a security’s future beta. It uses the historical data of the stock, but assumes that a security’s beta moves toward the market average over time. The formula is as follows:
Adjusted beta = (.67) * Raw beta + (.33) * 1.0
二维码

扫码加我 拉你入群

请注明:姓名-公司-职位

以便审核进群资格,未注明则拒绝

2011-3-21 12:23:54
学习了,谢谢 5# saviourlee
二维码

扫码加我 拉你入群

请注明:姓名-公司-职位

以便审核进群资格,未注明则拒绝

点击查看更多内容…
相关推荐
栏目导航
热门文章
推荐文章

说点什么

分享

扫码加好友,拉您进群
各岗位、行业、专业交流群