The duality of equilibrium between the stock price and the fair value for a fast-growing company

Y. Ichkitidze

doi:10.1109/SCM.2016.7519818

Publications

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The duality of equilibrium between the stock price and the fair value for a fast-growing company

P. 477–480.

Ichkitidze Y.

The paper represents a model demonstrating the duality of equilibrium between the fair value and the market stock price for a fast-growing company. The existing stock price evaluation methods ignore this peculiarity, which gives rise to an unexpected error. The results of the model contribute to reconsideration of the problem of stock price dynamics.

Keywords: real option multiple equilibria estimate of fair value feedback effects

In book

Proceedings of the XIX International Conference on Soft Computing and Measurements SCM`2016

St. Petersburg: IEEE, 2016.

Application of valuation techniques for financial reporting purposes (на англ. языке). Применение методологии оценки стоимости при подготовке финансовой отчетности.

Tikhomirov D., M.: -, 2013.

The book includes current issues in valuation of certain assets and liabilities for financial reporting purposes: investment property, intangible assets, biological assets, leased assets, employee benefit obligations and other. ...

Added: April 4, 2023

Theoretical and Methodological Substantiation of Boundaries and Integrity in Landscape Cover and Its Components

A. N. Krenke, R. B. Sandlersky, A. S. Baybar et al., Известия РАН. Серия биологическая. 2023 Vol. 50 No. 1 P. S85–S99

Four main models of the appearance of boundaries (in a particular case, integrity), arising from the theory of nonlinear dynamic systems, are considered briefly. On the basis of Kotelnikov’s fundamental sampling theorem and, accordingly, general information theory, the character of a distinguished boundary as a function of the sampling frequency in a spatial series with a ...

Added: December 2, 2022

Financial Instability Under Innovation Development: Reasons and Regulation Within the Model of Evolutionary Processes

Ichkitidze Y., , in: Industry 4.0: Entrepreneurship and Structural Change in the New Digital Landscape.: Springer, 2017. Ch. 6 P. 137–153.

In this paper, we suggest an approach to the study of the financial instability based on the model of evolutionary processes. In the first place, we present some empirical facts that confirm that the stock’s price dynamics is better described by the Markov switching model rather than by the pure random walk. Further, using the ...

Added: April 11, 2017

The optimal debt size under instability of financial markets

Ichkitidze Y., Zvontsov A., , in: Proceedings of the XIX International Conference on Soft Computing and Measurements SCM`2016.: St. Petersburg: IEEE, 2016. P. 525–528.

Added: December 13, 2016

Examination of the behavior of R&D returns using a power law

Casault S., Groen A. J., Linton J. D., Science and Public Policy 2013 Vol. 40 No. 2 P. 219–228

This paper provides an improved model, based on historical data, that describes the returns on assets that result from R&D efforts to assist managers of public and private R&D activities. Such a model may lead to better decision support tools to monetize the value that may be extracted from R&D, which is otherwise often undervalued. ...

Added: October 19, 2015