首页> 外文会议>FRCFM;International conference on financial risk and corporate finance management >Function of the Intrinsic Value of the Assets Determined by the Yield Equation and Its Properties
【24h】

Function of the Intrinsic Value of the Assets Determined by the Yield Equation and Its Properties

机译:收益率方程确定的资产内在价值的函数及其性质

获取原文

摘要

In this paper, we try to find some rules of the intrinsic value of assets as the time changes through the view of function. In fact, it means to estimate the intrinsic value of the assets at each moment by the classical principle of discounted cash flow model. We derive the formula of the intrinsic value function from the yield equation in continuous form, and some properties of the function, including linearity, no-arbitrage, and certain characteristics of the intrinsic value curve. Finally, we discuss two application models to estimate the rationality of asset prices with the concept and the mathematical formula of the intrinsic value function proposed in this paper.
机译:在本文中,我们尝试通过功能的观点找到随时间变化的资产内在价值的一些规则。实际上,它意味着通过现金流量折现模型的经典原理来估计资产在每个时刻的内在价值。我们从收益方程以连续形式得出内在价值函数的公式,以及函数的某些属性,包括线性,无套利以及内在价值曲线的某些特征。最后,我们讨论了两种应用模型,利用本文提出的内在价值函数的概念和数学公式来估计资产价格的合理性。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号