En poche - CORPORATE FINANCE - 1re - 9

RENTABILITÉ ET RISQUE ASSOCIÉ DE Z TITRES EN AVENIR
CERTAIN
Espérance mathématique des titres
E(Ra
, Rb
, ..., Rz
)
Variance des titres
VAR(Ra
, Rb
, ..., Rz
)
Écart-type des titres
∂(Ra
, Rb
, ..., Rz
)
BÊTA D'UN TITRE
ßt
%a x E(Ra
(%a)2
) + %b
x E(Rb
) + ... +%n
x E(Rz
)
x VAR(Ra) + (%b)2
+ 2 x %a x %b x COV(Ra
+ 2 x %b x %c x COV(Rb
x VAR(Rb
) + ...
, Rb
, Rc
) + ...
√ VAR(Ra
)
, Rb
, ..., Rz
)
COV(Rt
VAR(Rm
,Rm
)
)
Le bêta mesure le risque spécifique d'un titre par rapport à son indice de référence
; si le bêta est > 1, le titre est volatile.
RISQUE SPÉCIFIQUE (OU NON SYSTÉMATIQUE)
Risque spécifique
VAR(Rt
) - ßt
RISQUE DE MARCHÉ (OU SYSTÉMATIQUE)
Risque de marché
ßt
RATIO DE SHARPE
Ratio de Sharpe
∑E(Rt
2 x VAR(Rm
)
2 x VAR(Rm
)
∂(Rt
) - Rs
)
Le ratio de Sharpe mesure la rentabilité maximale pour un risque donné.
RATIO DE TREYNOR
Ratio de Treynor
∑E(Rt
) - Rs
ßt
Le ratio de Treynor analyse la performance d'un portefeuille par rapport au
risque pris.
VALEUR D'UNE ACTION
Modèle d'actualisation des dividendes
Vo
)
D1 (1 + Rc)-1 + D2 (1 + Rc)-2
+ ... + Dn (1 + Rc
)-n
Gestion d'un portefeuille d'actions - Rentabilité et risque associé - Valeur d'une action

En poche - CORPORATE FINANCE - 1re

Table des matières de la publication En poche - CORPORATE FINANCE - 1re

En poche - CORPORATE FINANCE - 1re - 1
En poche - CORPORATE FINANCE - 1re - 2
En poche - CORPORATE FINANCE - 1re - 3
En poche - CORPORATE FINANCE - 1re - 4
En poche - CORPORATE FINANCE - 1re - 5
En poche - CORPORATE FINANCE - 1re - 6
En poche - CORPORATE FINANCE - 1re - 7
En poche - CORPORATE FINANCE - 1re - 8
En poche - CORPORATE FINANCE - 1re - 9
En poche - CORPORATE FINANCE - 1re - 10
En poche - CORPORATE FINANCE - 1re - 11
En poche - CORPORATE FINANCE - 1re - 12
En poche - CORPORATE FINANCE - 1re - 13
En poche - CORPORATE FINANCE - 1re - 14
En poche - CORPORATE FINANCE - 1re - 15
En poche - CORPORATE FINANCE - 1re - 16
En poche - CORPORATE FINANCE - 1re - 17
En poche - CORPORATE FINANCE - 1re - 18
En poche - CORPORATE FINANCE - 1re - 19
En poche - CORPORATE FINANCE - 1re - 20
En poche - CORPORATE FINANCE - 1re - 21
En poche - CORPORATE FINANCE - 1re - 22
En poche - CORPORATE FINANCE - 1re - 23
En poche - CORPORATE FINANCE - 1re - 24
En poche - CORPORATE FINANCE - 1re - 25
En poche - CORPORATE FINANCE - 1re - 26
En poche - CORPORATE FINANCE - 1re - 27
En poche - CORPORATE FINANCE - 1re - 28
En poche - CORPORATE FINANCE - 1re - 29
En poche - CORPORATE FINANCE - 1re - 30
En poche - CORPORATE FINANCE - 1re - 31
En poche - CORPORATE FINANCE - 1re - 32
En poche - CORPORATE FINANCE - 1re - 33
En poche - CORPORATE FINANCE - 1re - 34
En poche - CORPORATE FINANCE - 1re - 35
En poche - CORPORATE FINANCE - 1re - 36
En poche - CORPORATE FINANCE - 1re - 37
En poche - CORPORATE FINANCE - 1re - 38
En poche - CORPORATE FINANCE - 1re - 39
En poche - CORPORATE FINANCE - 1re - 40
En poche - CORPORATE FINANCE - 1re - 41
En poche - CORPORATE FINANCE - 1re - 42
En poche - CORPORATE FINANCE - 1re - 43
En poche - CORPORATE FINANCE - 1re - 44
En poche - CORPORATE FINANCE - 1re - 45
En poche - CORPORATE FINANCE - 1re - 46
En poche - CORPORATE FINANCE - 1re - 47
En poche - CORPORATE FINANCE - 1re - 48
En poche - CORPORATE FINANCE - 1re - 49
En poche - CORPORATE FINANCE - 1re - 50
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-28355-7
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-28357-1
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-28359-5
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26761-8
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26767-0
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-28286-4
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-22248-8
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-22247-1
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-22238-9
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-27674-0
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26779-3
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26736-6
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26703-8
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26733-5
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26764-9
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26776-2
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-27790-7
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-27673-3
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26715-1
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-27668-9
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26755-7
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26749-6
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26794-6
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26709-0
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26758-8
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26739-7
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26791-5
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26773-1
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26752-6
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-27478-4
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-24298-1
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26712-0
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26797-7
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26770-0
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26700-7
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26721-2
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-26724-3
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-27439-5
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-27217-9
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-24314-8
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-22251-8
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-22249-5
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-22242-6
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-22246-4
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-22237-2
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-22252-5
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-22254-9
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-01805-0
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-01619-3
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-21716-3
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-17658-3
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-17663-7
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-17667-5
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-13228-2
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-09212-8
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-09263-0
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-10789-1
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-09142-8
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-09137-4
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-09085-8
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-09084-1
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-07666-1
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-06061-5
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-04896-5
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-04565-0
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-04880-4
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-02306-1
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-01640-7
https://www.nxtbook.com/lextenso-editions/Gualino/978-2-297-01803-6
https://www.nxtbookmedia.com