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完整後設資料紀錄
DC 欄位 | 值 | 語言 |
---|---|---|
dc.contributor.advisor | 林惠玲(Hui-Lin Lin) | |
dc.contributor.author | Chia-Che Wu | en |
dc.contributor.author | 吳嘉哲 | zh_TW |
dc.date.accessioned | 2021-06-08T00:54:27Z | - |
dc.date.copyright | 2015-08-11 | |
dc.date.issued | 2015 | |
dc.date.submitted | 2015-03-27 | |
dc.identifier.citation | 中文文獻
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dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/18195 | - |
dc.description.abstract | 本文的目的在於檢視台灣股市高價股在多頭市場的股價行為。選定高價股的原因在於高價股股價通常與每股獲利的相關性高於每股淨值。我們先取出2009~2013年多頭市場高價股的樣本,以獲利面比較當獲利首度大於一個股本,當年度投資報酬率相較前後一年是否顯著提高;並進一步比較當市值超過特定門檻後,報酬率表現是否加快。檢視此特定股價行為是否存在,並拆解出背後可能的成因。我們發現在2009~2013年台股多頭市場中,EPS門檻效應個股多數有異常報酬率表現,且市值門檻效應有助於判斷投資效率;在實例中討論了四檔具代表性個股,觀察到市值門檻容易形成股價支撐及壓力區間,股價在突破市值門檻後將有異常報酬率,並可透過基本分析相互印證,進一步理解台灣高價股股價行為。 | zh_TW |
dc.description.abstract | The purpose of this paper is to examine the price behavior of the highly priced stocks in Taiwan during the bull market. The reason for using the highly priced stocks is because the it’s stock prices are more correlated with EPS than with NAV. We will use the highly priced stocks sample from the 2009-2013 bull market in Taiwan, and examine whether the stock’s rate of return significantly increased from previous year’s rate of return, once the net profit exceed the share capital for the first time. Furthermore, we will examine whether the stock’s rate of return accelerate after the stock price exceed a certain market capitalization threshold and discuss the possible reasons for this phenomenon. We found that during the bull market period from 2009-2013 in Taiwan stock market, most highly priced stocks have abnormal rate of return once it break the EPS threshold. And the market capitalization threshold is useful in determine the investment efficiency. This paper discussed the four representative stocks, and observed that the market capitalization threshold often form the support or resistance range for the stock. We could expect abnormal rate of return once the stock price break through the market capitalization threshold, and used fundamental analysis to gain additional insight of the price behavior of highly priced stocks in Taiwan. | en |
dc.description.provenance | Made available in DSpace on 2021-06-08T00:54:27Z (GMT). No. of bitstreams: 1 ntu-104-P01323013-1.pdf: 1521199 bytes, checksum: 64cb61b5484cd2d3b9eafd6137569c16 (MD5) Previous issue date: 2015 | en |
dc.description.tableofcontents | 誌謝...................................... ii
中文摘要.................................. iii 英文摘要.................................. iv 第一章 緒論............................. 1 1.1 研究背景與動機................... 1 1.2 研究目的......................... 3 1.3 本文架構及研究流程............... 3 第二章 文獻回顧......................... 5 2.1 行為財務學之文獻探討............. 5 2.2 報酬率之文獻探討................. 8 2.3 基本面及本益比之文獻探討........ 10 第三章 股價研究方法.................... 13 3.1 股票評價模型.................... 13 3.2 基本分析方法.................... 15 3.3 EPS門檻效應及市值門檻效應....... 18 第四章 個股實例分析.................... 24 4.1 大立光.......................... 24 4.2 宏達電.......................... 30 4.3 精華光.......................... 38 4.4 美律............................ 44 第五章 結論與建議...................... 51 參考文獻................................. 53 | |
dc.language.iso | zh-TW | |
dc.title | 高價股股價行為之探討:臺灣個案研究 | zh_TW |
dc.title | A Study on the Price Behavior of the Highly Priced Stocks :
Cases Studies for Taiwan | en |
dc.type | Thesis | |
dc.date.schoolyear | 103-2 | |
dc.description.degree | 碩士 | |
dc.contributor.coadvisor | 謝德宗(Der-Tzon Hsieh) | |
dc.contributor.oralexamcommittee | 李顯峰(Hsien-Feng Lee) | |
dc.subject.keyword | 高價股,市值,報酬率,股價行為,每股獲利, | zh_TW |
dc.subject.keyword | highly priced stocks,price behavior,stock’s rate of return,EPS,market capitalization, | en |
dc.relation.page | 57 | |
dc.rights.note | 未授權 | |
dc.date.accepted | 2015-03-27 | |
dc.contributor.author-college | 社會科學院 | zh_TW |
dc.contributor.author-dept | 經濟學研究所 | zh_TW |
顯示於系所單位: | 經濟學系 |
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