Sökning: "semi-strong market efficiency"

Visar resultat 11 - 15 av 37 uppsatser innehållade orden semi-strong market efficiency.

1. 11. Market Efficiency Under Differing Regulatory Frameworks

   D-uppsats, Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Författare :Jacob Carlsson; Erik Bergstrand; [2017]
   Nyckelord :MTF; MiFID; Market efficiency; transaction costs; event study;

   Sammanfattning : This study investigates empirical evidence for differences in terms of market efficiency between exchange-regulated (Multilateral Trading Facilities) and regulated marketplaces (i.e. the weak-form efficiency). The study explores the nature of the random walk of the marketplaces (i. LÄS MER

3. 12. The impact of Sovereign Wealth Funds on stock performance. : A study of the materialization of abnormal returns.

   Uppsats för yrkesexamina på grundnivå, Umeå universitet/Företagsekonomi

   Författare :Anette Berg; Robin Sjögren; [2017]
   Nyckelord :Sovereign Wealth Funds; abnormal return; semi-strong market efficiency; herd instinct; equities; retail investors; investment strategy.;

   Sammanfattning : Since 2006, the number of Sovereign Wealth Funds (SWF) have accelerated alongside their total value which increased by about 250 % and they have attained a position as influential market players. SWF are a classification of investment funds which are state owned entities who mainly attain their surplus from the petroleum industry and non- commodity sources and primarily place their investments abroad. LÄS MER

4. 13. Fundamental Valuation and Abnormal Returns: An Empirical Comparison of Fundamental Valuation Models

   D-uppsats, Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Författare :Carl Johansson; Gustav Lengholt; [2017]
   Nyckelord :Fundamental valuation; Value premium; Dividend discount model; Residual income valuation model; Abnormal earnings growth model;

   Sammanfattning : This paper empirically compares three different fundamental valuation models - AEG, DDM and RIV - by examining the models' abilities to predict future abnormal returns. Previous research on the comparison of fundamental valuation models assumes that the market is efficient in the semi-strong form and therefore focuses on the models' abilities to predict stock prices at the valuation date. LÄS MER

5. 14. One Instance Not a Trend: Empirical Lack of Persistence in Earnings Prediction. Revisiting the EMH in Sweden with an active fund selection framework

   Master-uppsats, Göteborgs universitet/Graduate School

   Författare :Martin Hogen; Fredrik Stenkil; [2016-09-22]
   Nyckelord :Active Management; Active Share; Active Fundamental Performance; Efficient Market Hypothesis; EMH; Earnings Prediction; Stock Picking; Fama-French; Sharpe; Jiang Zheng; Mutual Funds; Sweden;

   Sammanfattning : This thesis examines the performance of active fund management in Sweden 2006-2015 by applying a framework to identify mutual fund managers whose index deviations historically have proved successful around earnings announcements. The Active Fundamental Performance (AFP) measure, proposed by Jiang & Zheng (2015), is defined as covariance between deviations from market weights and three-day alpha around earnings. LÄS MER

7. 15. Aktierekommendationer i en ny tid : Podcasts på den finansiella marknaden

   Magister-uppsats, Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO); Linnéuniversitetet/Universitetsförvaltningen

   Författare :Alexander Palm; Adam Sjögren; [2016]
   Nyckelord :Price pressure hypothesis; information hypothesis; effektiva marknader; behavioural finance; marknadsfunktion; informationskanal; aktierekommendationer; podcasts; handelsvolym och handelsavslut.;

   Sammanfattning : Sammanfattning Magisteruppsats för Civilekonomexamen i företagsekonomi, Ekonomihögskolan vid Linnéuniversitetet, Växjö, 2016.   Författare Alexander Palm & Adam Sjögren   Handledare Christopher Von Koch & Katarina Eriksson   Examinator: Sven-Olof Yrjö Collin   Titel: ”Aktierekommendationer i en ny tid – podcasts på den finansiella marknaden”   Bakgrund & problem: Aktierekommendationer ges traditionellt ut av diverse banker och analyshus. LÄS MER