他提出的戈登增长模型(Gordon Growth Model)在金融学中具有重要地位,该模型用于估算股票的内在价值和评估投资回报。他的研究成果和理论观点在学术界和实践界都产生了深远的影响。 股息贴现模型(Dividend Discount Model, DDM)是一种用来估算股票内在价值的理论模型,它基于未来股息的现值来计算股票的价值。假设股息每年恒定...
戈登模型(Gordon Growth Model,GGM)是一种经典的股票估值模型,由Myron J. Gordon和其他学者一起在1956年发布了该模型。John Burr Williams的著作和他1938年出版的有关投资价值理论的著作对戈登模型的传播产生了深远影响。 该模型根据未来以恒定速率增长的一系列股息来确定股票的内在价值(Intrinsic value)。戈登股利增长...
The Gordon Growth Model calculates a company’s intrinsic value under the assumption that its shares are worth the sum of all its future dividends discounted back to their present value (PV). Considered the simplest variation of the dividend discount model (DDM), the single-stage Gordon Growth ...
The Gordon Growth Model (GGM), also known as the dividend discount model, is a valuation method that helps investors estimate the intrinsic value of a stock. It assumes that the stock’s value is derived from future dividends and their expected growth rate. ...
The Gordon Growth Model – or the Gordon Dividend Model or dividend discount model – calculates a stock’s intrinsic value, regardless of current market conditions.
With the parameter K finished, the next step is to say that the sustainable growth rate is g. How to estimate the sustainable growth ability of an enterprise? In the dividend discount model (DDM), the standard formula of G is the percentage of net assets return rate after dividend payment...
on the Gordon growth model with nonstationary dividend :对非平稳的股利增长模型的戈登on,ON,帮助,股利增长模,Model,model,the,The,with,THE 文档格式: .pdf 文档大小: 45.76K 文档页数: 15页 顶/踩数: 0/0 收藏人数: 0 评论次数: 0 文档热度: ...
TheGordon Growth Modelis also known as thedividend discount model. It measures the value of a publicly traded stock by summing the values of all its expected future dividend payments discounted back to their present values. It essentially values a stock based on thenet present value (NPV...
The model bases the intrinsic value of stocks on the present value of future dividends that grow at a constant rate. Doing the calculation in Excel is simple, as you enter only five numbers into Excel cells. The Gordon growth model is also known as the dividend discount model ...
Basing on the Gordon model perspective and applying multiple criteria decision making (MCDM), this research explores the influential factors and relative weight of dividend, discount rate, and dividend growth rate. The purpose is to establish an investment decision model and provides investors with a...