Musings on Markets

JANUARY 28, 2024

In my last data updates for this year, I looked first at how equity markets rebounded in 2023 , driven by a stronger-than-expected economy and inflation coming down, and then at how interest rates mirrored this rebound.

Risk Premium 93

Risk Premium Beta Start-ups Equity 93

Valutico

OCTOBER 20, 2022

But here, we use what interest we could get from an alternative investment in the market, called the Market Rate. Discount Factor (using Market Rate: r=10%). But first, a quick aside, which you can feel free to skip if you want to jump ahead: Why Do We Use the Market Rate to Calculate the Discount Factor? You get: Year.

Discounted Cash Flow 52

Discounted Cash Flow Terminal Value Weighted Average Cost of Capital Net Present Value 52

Brian DeChesare

APRIL 13, 2022

We recommended a long position because: The market overreacted to a bad earnings report with a 25% decrease in sales for the company’s key product (Xyrem), ignoring how most patients were being migrated to a similar but newer-and-better drug. Asset Management or Other Buy-Side Markets Roles: 5 (~16%). Investment Banking: 8 (~25%).

Equity 91

Equity Start-ups Banking Marketability 91

Internal Audit 360

DECEMBER 8, 2022

Whatever the risk team is doing, it is not risk management , they should upgrade the methodology or be fired. Good risk managers can pretty quickly tell how does market risk cVaR compare to operational risk cVaR and whether cyber or climate are as huge as everyone makes them out to be. A Risk Checklist.

EBITDA 52

EBITDA Market Risk Marketability 52