The Explain Of Financial Information To Return Of Stock

During the decade's development, the stock market of China successively experienced stockjobbingr period, value investment period and post value investment period, and value investment philosophy was dominated in the market. In this market, valuation of the stock becomes the core problem. How can one estimate the value of stock? There are many valuation models such as CDF, EVA model, P/E model and P/B model etc. there is one common character of these models that is the input data of these model is all financial information. However, financial analyst usually estimated different value of the same stock using different models and the estimated value was different from the actual market price. What is the reason lead to this result? The author considers that maybe the improper of analysis of financial information or the improper use of financial information.The study of my thesis was spread around this question. There are five...