EconStor >
Frankfurt School of Finance and Management, Frankfurt a. M. >
Frankfurt School - Working Paper Series, Frankfurt School of Finance and Management >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/27795
  
Title:Economic value added zur Prognose der Performance europäischer Aktien PDF Logo
Authors:Heidorn, Thomas
Klein, Hans-Dieter
Siebrecht, Frank
Issue Date:2000
Series/Report no.:Arbeitsberichte der Hochschule für Bankwirtschaft 27
Abstract:This paper shows that Economic Value Added (EVA) can be used to optimize the performance of european share investements. Investing in the top third relative EVA performers, leads to a significant outperformance. This is true for market and sektor investments. The best results were found for growth and technology. On the individual firm level the results are less convincing. For individual shares a large (>2,5%) positive EVA is a good indicator for outperformance.
Persistent Identifier of the first edition:urn:nbn:de:101:1-2008071617
Document Type:Working Paper
Appears in Collections:Frankfurt School - Working Paper Series, Frankfurt School of Finance and Management

Files in This Item:
File Description SizeFormat
331056410.PDF123.11 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/27795

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.