Refining expected market return estimation: fusing multiple valuation models as an approach to reducing uncertainty
This paper presents a methodology aimed at reducing the uncertainty associated with estimating the expected market return within a bounded rationality framework. The proposed approach involves calculating the implicit rate of return using various valuation models and subsequently merging them using...
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Format: | Article |
Language: | Portuguese |
Published: |
Pontifícia Universidade Católica de São Paulo
2024-02-01
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Series: | Revista Eletrônica do Departamento de Ciências Contábeis & Departamento de Atuária e Métodos Quantitativos |
Subjects: | |
Online Access: | https://revistas.pucsp.br/index.php/redeca/article/view/65021 |
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