投資回報率&股本價值&財務報表(PPT 30頁)

Understanding investment returns and how analysts’ styles are determined by their approach to forecasting returns
Understanding valuation models that value forecasted returns
Understanding how earnings are related to returns and how valuations based on forecasted earnings work (or don’t work)
Understanding how forecasts of income statements and balance sheets produce a valuation
With this understanding proceed to

· Analysis of information (Part II)
· Forecasting and Valuation (Part III)

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