2016 2017 DW Trading Value (Mil. THB) Index DW Trading Value (Mil. THB) Recall: Option price consists of 2 components. Intrinsic value + Time (betting) value 5 Factor Calls Puts Note Asset price (S
, BCH, BEAM, BLCT, BNB, BOA, BOND, BRD, BSV, BTG, BTM, BTR, BTT, CAKE, CELO, CET, CHR, CHZ, CKB, COMP, CORE, COTI, CRO, CRU, CRV, CTC, CTSI, CVC, CVP, CXO, DAD, DAG, DASH, DATA, DAWN, DCR, DENT, DERO
, BTC, BTCB, BTG, BTSE, BUSD, CET, CHSB, CUSD, DAG, DAI, DAO,DASH, DDX, DFI, DIVI, DNT, DXD, ERG, ETC, ETH, ETN, EUM, EURS, EWT, FEI, FIDA, FRAX, FTT, FUN, GHST, GT, GUSD, HBAR, HBTC, HNS, HOT, HUSD, HXRO
, BTC, BTCB, BTG, BTSE, BUSD, CET, CHSB, CUSD, DAG, DAI, DAO,DASH, DDX, DFI, DIVI, DNT, DXD, ERG, ETC, ETH, ETN, EUM, EURS, EWT, FEI, FIDA, FRAX, FTT, FUN, GHST, GT, GUSD, HBAR, HBTC, HNS, HOT, HUSD, HXRO
, BTC, BTCB, BTG, BTSE, BUSD, CET, CHSB, CUSD, DAG, DAI, DAO,DASH, DDX, DFI, DIVI, DNT, DXD, ERG, ETC, ETH, ETN, EUM, EURS, EWT, FEI, FIDA, FRAX, FUN, GHST, GT, GUSD, HBAR, HBTC, HNS, HOT, HUSD, HXRO
, BCD, BCH, BEAM, BLCT, BNB, BOA, BOND, BRD, BSV, BTG, BTM, BTR, BTT, CAKE, CELO, CET, CHR, CHZ, CKB, COMP, CORE, COTI, CRO, CRU, CRV, CTC, CTSI, CVC, CVP, CXO, DAD, DAG, DASH, DATA, DAWN, DCR, DENT, DERO
, CLV, COMBO, COMP, COTI, CPOOL, CQT, CREAM, CRO, CRV, CSPR, CTC, CTK, CTSI, CTXC, CUDOS, CUSD, CVC, CVX, DAG, DAI, DAO, DAR, DASH, DATA, DCR, DEGO, DEL, DENT, DEP, DESO, DEXE, DEXT, DFI, DGB, DIA, DIMO
and David Dodd in 1934 • Finding price-intrinsic value discrepancies in the market • Various price-based ratios and future stock returns ⋄ Earnings-to-price ratio (Basu, 1977) ⋄ Dividend-to-price ratio
intrinsic value of the assets and business based on historical and potential earnings and cash flow of the business. It has been valued by a range of valuation methods including relative valuation as
negotiation between the Company and the Seller and took into account the fundamental intrinsic value of the assets and business based on historical and potential earnings and cash flow of the business. It has