Proceedings of the 2nd International Symposium on Social Science and Management Innovation (SSMI 2019)

Research on RIVM Derivative Model based on Shell Resources

Authors
Nana Yang, Shiqing Chen, Yating Wen
Corresponding Author
Nana Yang
Available Online December 2019.
DOI
10.2991/ssmi-19.2019.86How to use a DOI?
Keywords
RIVM derivative model; shell resources; equity valuation; valuation model.
Abstract

With the further development of China's financial reform, the importance of stabilizing capital market is gradually highlighted. The volatility of China's A-share market is significantly higher than that of developed countries. After analyzing the causes of the large fluctuations in stock market, this paper puts forward a simple valuation model of A-share market, which is easy to understand and quantify. It will provide investment reference for small and medium-sized investors in order to increase the rationality of their investment. Based on the classical RIVM derivative model, considering the shell resource value of China's A-share market, the new valuation model is logically introduced. The results show that the decline rate of equity value is small, and the equity value decreases with the decline of asset-liability ratio when the asset-liability ratio is much less than 100%; The decline rate of equity value increases sharply, and equity value decreases rapidly with the increase of asset-liability ratio when the asset-liability ratio is close to 100%.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2nd International Symposium on Social Science and Management Innovation (SSMI 2019)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
December 2019
ISBN
10.2991/ssmi-19.2019.86
ISSN
2352-5398
DOI
10.2991/ssmi-19.2019.86How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Nana Yang
AU  - Shiqing Chen
AU  - Yating Wen
PY  - 2019/12
DA  - 2019/12
TI  - Research on RIVM Derivative Model based on Shell Resources
BT  - Proceedings of the 2nd International Symposium on Social Science and Management Innovation (SSMI 2019)
PB  - Atlantis Press
SP  - 359
EP  - 364
SN  - 2352-5398
UR  - https://doi.org/10.2991/ssmi-19.2019.86
DO  - 10.2991/ssmi-19.2019.86
ID  - Yang2019/12
ER  -