The purpose of this article is to empirically examine the comparative accuracy of income oriented (Free cash flow to equity, Residual income model) and market oriented (Price to earnings multiple, Price to book value multiple and Price to sales multiple) valuation models for the Indian...

The ultimate objective of any forecasting model is whether or not it is capable of predicting future events with minimum error. Therefore it becomes important to analyse the accuracy of forecasting methods. The study has conducted a comparative analysis, starting from naïve models to highly...