学习权益投资中知识点,其中就有一个知识点就是在问What is Valuation?(价值的定义)那在CFA学习的过程中你需要掌握的知识有哪些呢?小编给你总结一下哦!
1) Intrinsic Value (内在价值)
The value of the asset given a complete understanding of the assets investment characteristics
Sources of perceived mispricing(感知的错误定价的来源)
True mispricing V - P is the concern of active investment managers (积*投资者关心的问题)
2) Going-concern Value (持续经营价值)
A value under a going concern assumption that the company will continue its business activities into the
foreseeable future.
Going-concern value is not appropriate for a company in financial distress (不适合SJB财务困境的公司)
3) Liquidation Value (清箕价值)
It is the value if the company were dissolved and its assets sold individually.
清算时间乏土,清兑价值越低;Going-concern Value > Liquidation Value
Orderly (有可liquidation value:指公司有是:溺间去清笠资产得到的清算价值
4) Fair Market Value (公允市场价值)
The price at which an asset would change hands between a willing buyer and a willing seller when they
are not under any compulsion
5) Investment Value (投资价值)
The concept of value to a specific buyer taking account of potential synergies (潜在协同)and based on
the investor’s requirements and expectations is called investment value
不知道你这个章节掌握了没有呢?在2021年CFA考试中这一科目的占比是10%——15%哦,所以这一章节是比较重要的!