Relationship between Asset Value and Price There can exist temporary differences between the market price of an asset and its fundamental value(Reasons:incomplete competitive market and asymmetric information) Security analysts make their living by discovering these aberrations Many well-informed professionals are looking for these aberrations.A reasonable initial assumption is that aberrations are small THE COURSE OF FINANCE 2017 SPRING SJTURelationship between Asset Value and Price  There can exist temporary differences between the market price of an asset and its fundamental value(Reasons: incomplete competitive market and asymmetric information)  Security analysts make their living by discovering these aberrations  Many well-informed professionals are looking for these aberrations. A reasonable initial assumption is that aberrations are small THE COURSE OF FINANCE 2017 SPRING SJTU 7