14. GRAPES: A Theory of Stock Prices

  1. Rawley Thomas and
  2. Benton E. Gup
  1. Max Zavanelli

Published Online: 6 DEC 2011

DOI: 10.1002/9781118268179.ch14

The Valuation Handbook: Valuation Techniques from Today's Top Practitioners

The Valuation Handbook: Valuation Techniques from Today's Top Practitioners

How to Cite

Thomas, R. and Gup, B. E. (2009) GRAPES: A Theory of Stock Prices, in The Valuation Handbook: Valuation Techniques from Today's Top Practitioners, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118268179.ch14

Publication History

  1. Published Online: 6 DEC 2011
  2. Published Print: 19 OCT 2009

ISBN Information

Print ISBN: 9780470385791

Online ISBN: 9781118268179

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Keywords:

  • growth rate arbitrage price equilibrium system;
  • ZPR investment management, inc.;
  • global investment performance standards;
  • modern portfolio theory;
  • William Sharpe

Summary

This chapter contains sections titled:

  • A Theory of Stock Prices

  • Arbitrage

  • The Beginning of All Things

  • The Model and System

  • GRAPES System for Valuing Companies

  • The Pricing of Risk

  • Appendix: Examples of McDonald's and Wal-Mart

  • Notes

  • References