earnings are modified for risk and no further adjustment to the discount rate should be used beyond risk-adjusted expected earnings. Their model specifies that risk residing in economic fundamentals, i.e
historical string of earnings increases is defined as a firm that reports at least twenty consecutive quarters of increases in seasonally adjusted earnings per share (EPS). An EPS increase is defined compared
Next, we evaluate the fund returns with respect to the Carhart (1997) 4-factor asset pricing model to get the risk-adjusted return, alpha. Specifically, for each fund 𝑖, we estimate 𝛼𝑖 using the
Mutual Funds - Ratanabanchuen & Saengchote © Four Stylized Facts about Open-Ended Equity Mutual Funds in Thailand 1. Most funds do not beat the market, whether it is raw or risk-adjusted returns. 2. Most
expense over earned premium moreover increased from 58.1 % in the same period last year to 63.5% this year because the term and condition of compulsory motor policies had been adjusted in accordance with
, and eventually dropped. Premium on certain policies had been adjusted to suit their corresponding risks. Also, earned premium had risen by 16.45% Motor insurance contributed 75.29% to the company’s
(0.01) (29.06%) Net Profit (Loss) After adjusted EBITDA 124.66 8.88% 77.45 7.44% 47.21 60.96% 140.59 9.66% (15.92) (11.33%) ท่ีตั้ง 55/2 หมู ่8 ถ. เศรษฐกิจ 1 ต.คลองมะเด่ือ อ.กระทุ่มแบน จ.สมุทรสาคร 74110
risk adjusted capitation along with a 5.4 percent increase of insured persons in the Social Security scheme compared to the same period of last year. On the other hand, the Company adjusted the revenue
online channels and call centers. These included SHOP4YOU, Click & Collect, and Same-day and Next-day Delivery. In addition, the Company rolled out marketing and promotional activities through e-commerce
person : see next page 77 Registration : ordinary person Click Register 88 1. Select Passport No. for Identification Type 2. Fill in details 3. Click verify 99 First-time Registration 1010 This page is