Musings on Markets

JANUARY 5, 2024

Since I am lucky enough to have access to databases that carry data on all publicly traded stocks, I choose all publicly traded companies, with a market price that exceeds zero, as my universe, for computing all statistics. Costs of equity & capital 1. Standard Deviation in Equity/Firm Value 2. Book Value Multiples 3.

Dividends 100

Dividends Risk Premium Equity Book Value 100

Reynolds Holding

AUGUST 5, 2024

At the end of the first quarter of 2024, BlackRock’s assets under management (AUM)accounted for $10.5 The Big Three hold just over 20 percent of total market capitalization in the U.S. This has led to the formation of a “latent network” of firms, connected by a few large investors. trillion and $4.3

Systematic Risk 45

Systematic Risk Marketability Firm Value Market Capitalization 45

Musings on Markets

JANUARY 6, 2023

Data universe : In my sample, I include all publicly traded firms with market capitalizations that exceed zero, traded anywhere in the world. Cost of Capital 3. Standard deviations in equity and firm value 4. Debt ratios (Debt to capital, Debt to EBITDA) 1. Cost of Debt 2. Price to Book 3.

Risk Premium 52

Risk Premium Dividends Start-ups EBITDA 52