Sökning: "Short-selling restraints"

Hittade 1 uppsats innehållade orden Short-selling restraints.

  1. 1. Momentum in Stock Returns Following Dispersion and Consensus in Analysts' Forecasts

    C-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Amanda Hedlund; Johanna Ingemarson; [2018]
    Nyckelord :Momentum; Forecast dispersion; Analysts recommendations; Short-selling restraints; Behavioural finance;

    Sammanfattning : Our study shows that it is possible for an investor to employ profitable zero-cost portfolio strategies on the OMX Stockholm Benchmark Index that exploit momentum following analysts' forecasts. The significant alpha of the monthly rebalanced long-short portfolios suggests that the analysts' forecasts momentum should be exploited within a month. LÄS MER