Valuation of Equity Securities

Valuation of Equity Securities

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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.Park and Irwin (2007) divide studies of technical analysis into a#39;early studiesa#39; and a#39; modern studiesa#39; with Lukac et al. (1988) being selected as the dividing line. This division seems to be roughly reflected in the variety of technical trading systemsanbsp;...

Title:Valuation of Equity Securities
Author:Geoffrey Poitras
Publisher:World Scientific - 2010-09-21


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