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Valuation risk and return

Valuation risk and return

Valuation risk and return are interrelated. That is because investors expect higher returns for increased risk. Higher returns reduce value. Increased valuation risk and increased expected returns The figure below summaries the expected returns for different classes...
Business valuation unsystematic risk

Business valuation unsystematic risk

Business valuation is linked to risk. The risk investors attach to future cash flows. In private business valuation unsystematic risk is a key driver in determining value. The disadvantages of investing in a private business Compared to a hypothetical diversified...
Business valuation and risk

Business valuation and risk

Business valuation and risk. Business valuation is a function of the future expected cash flows from the business and the risk attached to those cash flows. The value of a business is the present value of future cash flows discounted back, using a discount rate, to a...