股票内在价值的一种投资评价方法
Analyzing the Intrinsic Value of Common Stocks
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摘要: 提出利用层次分析和因素分析相结合的方法,对股票的内在价值进行了分析,并利用几支股票进行计算分析和应用探讨,发现这种方法能较好地计算股票的内在价值,对基于内在价值投资的中小投资者进行投资决策有一定的指导作用。从使用的算例来看,层次分析和因子分析相结合的方法可以较好地计算股票的内在价值分值,并且对于股票的成长性、收益性和风险性的分值计算较符合实际情况,是一种可行的分析方法。Abstract: The intrinsic value of common stocks is analyzed by combining The Analytic Hierarchy Process (AHP) and principal component analysis. The method is applied to several stocks as an illustration and is found to be dependable at computing the intrinsic values of stocks. For those small investors who make investment decisions based on intrinsic values, the result of this paper may be used as a guidance. According to example of calculating used, level analysis and factor method combined together to analyze can calculate the inherent value score of the stock well, it is a feasible analytical method.