Der Cost Average-Effekt gehört gewissermaßen zum Investment-Basiswissen ...

Die vorliegende Arbeit analysiert den Cost - Average Effekt , beruhend auf einer strukturierten Vorgehensweise eines Finanzinvestments, der Cost Average- bzw. Durchschnittspreis-Methode.

For practitioners, the Cost-Average phenomenon is part of the basic knowledge concerning investment theory. The core effect lies within the possibility to achieve in average a lower acquisition cost compared to the average price of the stock or investment fund. With the regu-lar investment of...

Der mit der Frage nach der Existenz von Zeithorizonteffekten im Rahmen einer Aktienanlage verbundene Themenkomplex ist anhaltender Gegenstand einer intensiven und kontroversen Debatte sowohl innerhalb der Investmenttheorie als auch der Investmentpraxis. ...

The authors determine the time horizon on the risk of stock investments.

The present paper examines the long-term risks of a representative one-time investment in German stocks (DAX/0) in real terms relative to various risk free investments (returns of 0%, 2% and 4% in real terms) as well as relative to a representative investment in German bonds (REXP). As...

As a contribution to the discussion on the risks of stocks in the long run the present paper analyses the shortfall risks of stocks using the risk measures shortfall probability, mean excess loss and shortfall expectation for various deterministic as well as a stochastic benchmark. As a main...