Explore the Gordon Growth Model (GGM) and how to use the Gordon Growth Model formula after finding the historical rate. Learn how to calculate...
When it comes to making sound financial decisions, understanding various models and formulas can be incredibly helpful. One such model that holds significant importance in finance is the Gordon Growth Model (GGM). In this article, we will delve into the concept of GGM, provide an example to il...
1.GGM(Gordon Growth Model)戈登股利增长模型 这个方法就是GGM模型的变形的运用,我们先看GGM模型计算内在价值的公式: P0=V0=D1r−g 每股的内在价值等于红利除以要求回报率r与长期盈利增长率g的差 我们把上式稍微变一下形,把要求回报率可以表示出来: ...
戈登股利增长模型又称为“股利贴息不变增长模型”。在大多数理财学和投资学方面的教材中,戈登模型是一个被...
戈登模型(Gordon Model) 又称为戈登增长模型(Gordon Growth Model)或股息贴现模型(Dividend Discount Model, DDM),是一种用来估算股票内在价值的模型。它假设股息会以一个恒定的比率增长,并用来计算在无限期内可以预期获得的股息现值总和。 麦伦·戈登(Myron J. Go
The Gordon Growth Model calculation is relatively straightforward: Gordon Growth Model: stock price = (dividend payment in the next period) / (cost of equity -dividend growth rate). Advantages of the Gordon Growth Model The advantage of the Gordon Growth Model is that it's the most co...
本文将探讨如何利用前瞻性的Gordon Growth Model (GGM) 和宏观经济模型预测未来股价,以克服历史估计法的局限性。首先,让我们摒弃历史数据的不确定性,转而采用“前瞻性估计”方法,通过对未来经济和财务数据的预测来推测市场动态。其中,GGM模型基于股利增长理论,其基本公式为:每股内在价值等于红利除以要求...
两大前瞻性工具:Gordon Growth Model与宏观经济模型</ 首先,我们来看一下Gordon Growth Model(GGM),它是股利增长理论的变形应用。GGM的核心公式是:每股内在价值 = 现金分红 / (要求回报率r - 长期盈利增长率g)通过引入资本资产定价模型(CAPM),我们可以计算出权益回报率(ERP),并考虑大盘...
The Gordon growth model (GGM) is used to determine the intrinsic value of a stock based on a future series of dividends that grow at a constant rate.