SNSN schreef op 23 juli 2015 15:48:
[...]
For those studded mat (at least) at school, should known well that "slightly above/below", for instance, "N" is just by definition:
"N" + "delta", where abs(delta) << N ("abs" means "absolute value" in school math)
As for the 'asml', its
real fair value is ~39.4 (which is slightly above ~39).
You should always remember that we never "guess" about quant figures (it would be just stupid), but ALWAYS calculate them .... That is why the 'asml' fair value equal to ~39.4 is just a result of calculations based on relative evaluation methodology (read previous posts)...., nothing more.
For those really interested - the explanations on "relative evaluation methodology" was given several times since 2012 at kpn-forum - just take a look....
PS. The real "fair values" for 'kpn' and 'orange' (calculated ~3 years ago using relative evaluation) were given to you in order to back-test the figures and to get a feeling about the quality of methodology.