Evaluation of forecasting accuracy of an equity valuation model: a case of ZEE

Title

Evaluation of forecasting accuracy of an equity valuation model: a case of ZEE

Creator

Kumar A.; Chaudhry S.; Sao A.

Description

Investing can prove to be a very enriching and enjoyable experience if one sticks to certain principles and guidelines. The research is based on secondary data pulled out from Money Control website for ZEE Entertainment Enterprises Limited (ZEEL). The identification of target prices is important and involves precision in the price points that are forecasted. The expected growth rate for the next year is figured out to forecast the financial statement for the next year. Regression analysis has been used to estimate growth rate. Regression analysis was done on the income data for the past years for the media entertainment company, and the target prices have been identified. By taking a careful look at the forecasted prices and the prevailing prices, an investor can figure out whether the stock is under-priced or over-priced. 2023 Inderscience Enterprises Ltd.

Source

International Journal of Accounting, Auditing and Performance Evaluation, Vol-19, No. 2, pp. 234-249.

Date

2023-01-01

Publisher

Inderscience Publishers

Subject

forecasted prices; growth rate; money control; over-priced; regression analysis; target price; underpriced; ZEE Entertainment Enterprises Limited; ZEEL

Coverage

Kumar A., School of Business & Management, Christ University, Delhi-NCR, 201003, India; Chaudhry S., School of Business & Management, Christ University, Delhi-NCR, 201003, India; Sao A., RICS School of Built Environment, Amity University, Noida, India

Rights

Restricted Access

Relation

ISSN: 17408008

Format

Online

Language

English

Type

Article

Identifier

https://doi.org/10.1504/IJAAPE.2023.132396

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