(1) Risk and Return
Q1. 2001년 1월 ~2007년 12월까지 7년간 자료에 나타난 무위험 수익률, 지수의 수익률은 평균적으로 얼마인가? 개별 주식들의 평균수익률은? 지수, 개별주식의 평균 위험프리미엄은?
• 평균 무위험 수익률(콜금리 평균)
: 0.003379
• KOSPI 지수의 평균 수익률
: 0.018362
• KOSPI 지수
Overall, ratios and analysis of two companies indicate that McDonald’s performed better than Burger King.
In investor’s perspective, McDonald’s showed excellent stock performance in terms of dividends and capital gains. Burger King, in contrast, had a negative stockreturn. Therefore, it is recommended to invest only in McDonald’s.
In creditor’s perspective, McDonald’s is more
= more efficiency in utilizing assets to generate profit
SKT = more efficient management of capital
Overall, SKT shows better performance
EPS
SKT decreasd vs LGT continuous growth
but SKT has Much Bigger absolute figure
DPS
SKT Huge increase vs LGT about 50% decrease in 2008
Stockreturn
SKT large decrease into -12 vs LGT decreased relatively small amount
= more efficiency in utilizing assets to generate profit
SKT = more efficient management of capital
Overall, SKT shows better performance
EPS
SKT decreasd vs LGT continuous growth
but SKT has Much Bigger absolute figure
DPS
SKT Huge increase vs LGT about 50% decrease in 2008
Stockreturn
SKT large decrease into -12 vs LGT decreased relatively small amount