Market pricing
How markets put a price on the future: what investors expect to earn, how much it varies, and what they are paid for bearing that. A plan takes these from the market, not from hope.
L1Level 1 of 3 · 2 narrower
What it rests on, and what rests on it
Where it is used
No article names it yet.
In the model
- The model's capital markets model module
Sources
- Eugene F. Fama, The Journal of Finance 25(2), 383-417, Efficient Capital Markets: A Review of Theory and Empirical Work, 1970.
- John Maynard Keynes, The General Theory of Employment, Interest and Money, ch. 12, 1936.