PHẦN BÙ RỦI RO VỐN CỔ PHẨN VN (Equity Risk Premium) TIẾP TỤC GIẢM

by finandlife05/02/2020 16:19

ERP hiện tại chỉ 8.75%, thấp 9.7% giữa năm 2019. Xu hướng này khá lành mạnh, khi phần bù rủi ro vốn cổ phần tới tận 11% cuối 2018, 11.7% vào giữa 2018 và 10.5% cuối 2017. 

ERP giảm cùng với lãi suất phi rủi ro VN giảm, làm tỷ suất chiết khấu thị trường vốn giảm mạnh. Tỷ suất sinh lãi mong đợi vốn cổ phần thị trường VN hiện chỉ 12.7%, giảm mạnh so với 15% trước kia.

FINANDLIFE

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I am currently serving as an Investment Manager at Vietcap Securities JSC, leveraging 16 years of experience in investment analysis. My journey began as a junior analyst at a fund in 2007, allowing me to cultivate a profound understanding of Vietnam's macroeconomics, conduct meticulous equity research, and actively pursue lucrative investment opportunities. Furthermore, I hold the position of Head of Derivatives, equipped with extensive knowledge and expertise in derivatives, ETFs, and CWs.

 

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