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  "documentTitle": "A&M Valuation Insights March 2024",
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  "notes": "Includes FAUB recommendation context and VDAX-NEW volatility metrics.",
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      "text": "After a prolonged increase, the MRP decreased in September 2022 due to the rise in the risk-rate.",
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      "text": "Implied market risk premium 1 day vs VDAX-NEW",
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      "text": "1) Fachausschuss für Unternehmensbewertung und Betriebswirtschaft (FAUB) of the German Institute of Chartered Accountants (IDW). 2) The MRP is calculated by relating the market capitalization... 3) Results are subject to information deficiencies.",
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      "text": "Decreasing risk indicators: After a prolonged increase, the MRP decreased in September 2022... Short-term increases in market returns... The market volatility, as measured by the VDAX-NEW, has decreased significantly...",
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      "text": "The price for taking equity risk in Germany continues its downward trend",
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