Sökning: "Standardized Earnings Surprise"

Hittade 2 uppsatser innehållade orden Standardized Earnings Surprise.

1. 1. Exploring Momentum: The Hidden Drivers of Stock Returns in the Nordic Market

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

   Författare :Axel Dillner; Johanna Roos; [2023]
   Nyckelord :Momentum; Price Momentum; Earnings Momentum; Earnings Surprises; Standardized Earnings Surprise; SES;

   Sammanfattning : This thesis investigates the relationship between price momentum, earnings momentum, and stock returns in the Nordic region by examining the risk-adjusted performance measures of various momentum strategy portfolios. Inspired by Novy-Marx's 2015 theory that momentum in firm fundamentals explains the performance of price momentum strategies, this study seeks to provide deeper insights into momentum drivers and their implications for investment professionals. LÄS MER

3. 2. Post Earnings Announcement Trading Strategy: A Study on the Swedish Stock Market during January 2001-July 2006

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

   Författare :Jacob Bolbol; Nils Öqvist; [2007]
   Nyckelord :SUE; Trading strategy; PEAD; Earnings announcement; Abnormal returns;

   Sammanfattning : A puzzling stock market anomaly is the post earnings announcement drift (PEAD), where stock prices continue to drift in the direction of the earnings surprise after the earnings is publicly known. This thesis examines the PEAD in Sweden during January 2001 to July 2006 and investigates whether it is possible to build a successful trading strategy based on this anomaly. LÄS MER