股息贴现模型

股息贴现模型的无套利性质分析

Study on no-arbitrage property of dividend discount model

现有的研究通常将股息贴现模型确定的股票内在价值作为股票的理论价格。

Now the stock intrinsic value determined by the dividend discount model is often directly used as stock theoretic price when the dividend discount model is used .

相对于市盈率、股息贴现模型等传统的投资价值分析方法，EVA有许多优点，能够更为准确地反映公司股票的真实价值。

To proceed the investment value of the listed companies with the EVA theory compare with Price-earnings ratio and Dividends - discounts model of the traditional profits index can accurately reflect the true value of the companies .

股息贴现模型是估计股票内在价值的基本方法，无套利均衡是现代金融理论的基础。

The dividend discount model is the essential method used to estimate the stock intrinsic value . No-arbitrage equilibrium theory is the foundation of present financial theory .