BullionVault

BullionVault

Here is an old report drudged up for a reread some twenty years later. - Chad With the emergence around 1997 of a distincti...

The Difficulty of Pricing New Economy Stocks (Report)






Here is an old report drudged up for a reread some twenty years later. - Chad

With the emergence around 1997 of a distinction between “new economy” stocks and the so-called “old economy” stocks, it has become necessary to take an additional dimension into account when monitoring stock markets.
Specifically, pricing new economy stocks raises three types of problems :
Definitions and measures are not straightforward;
The usual analytical frameworks show limits; 
The behaviour of investors and issuers is new.

Copyright 2010 - 2020

Zermatt Media Investments Ltd.