Sökning: "Bid-Ask spread"

Visar resultat 16 - 20 av 65 uppsatser innehållade orden Bid-Ask spread.

  1. 16. Reference Point Prices in Mergers and Acquisitions and the Influence of Information Asymmetry: Evidence From the UK

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

    Författare :Axel Olofsson Lauri; [2020]
    Nyckelord :Anchoring; Reference points; Information asymmetry; Mergers and acquisitions; 52-week high;

    Sammanfattning : This thesis examines the role of past peaks in target share prices as reference points in mergers and acquisitions in the UK, with a focus on target 52-week high share prices. The results indicate that there is a positive, non-linear relationship between past peak share prices and offer prices. LÄS MER

  3. 17. Comparing the Liquidity-Adjusted Expected Shortfall Models Over High and Low Liquid Stocks Portfolios: Empirical Results on Thailand Stock Market

    Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Watsachol Koosamart; Biyun Meng; [2020]
    Nyckelord :expected shortfall; liquidity adjustment; bid-ask spread; liquidity discount; liquidation time; Business and Economics;

    Sammanfattning : The stylized fact that stock markets are not perfectly liquid propels banks to incorporate liquidity risk in the risk metrics so that market risk can be managed properly. Disregarding liquidity risk can lead to an underestimation of overall risk and substantial losses. LÄS MER

  4. 18. Green Bonds: A Study on Expected Returns and Liquidity Effects

    Master-uppsats, Göteborgs universitet/Graduate School

    Författare :Carl-Anton Bryngelsson; Anton Gavin; [2019-08-08]
    Nyckelord :Green bonds; Liquidity; Bid-Ask Spread; Fixed income; Expected return; Asset pricing; Bond pricing;

    Sammanfattning : The emerging market of Green bonds has seen a positive growth over the recent years in the presence of the Paris objective of limiting the global warming to 2°C by the year 2100. In addition, fuelled the attention from a broader audience of issuers and investors. LÄS MER

  5. 19. Illiquidity and Stock Returns: Evidence from the 2007-2016 Period on the Stockholm Stock Exchange

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

    Författare :Andrea Risberg; Maximilian Linder; [2019]
    Nyckelord :Illiquidity; Bid-Ask Spread; Asset Pricing; Stockholm Stock Exchange;

    Sammanfattning : In this thesis, we study whether stock specific liquidity help explain stock return variations on the Stockholm Stock Exchange in Sweden over the years 2007-2016 by regressing excess stock return on liquidity, market excess returns, size and value variables. Furthermore, we investigate whether illiquidity premia have differed during the global financial crisis of 2007-2008, compared to four following two-year periods. LÄS MER

  7. 20. Obligationens risker : En studie om kreditrisk, likviditetsrisk och ränterisk för företagsobligationer på den svenska marknaden

    Uppsats för yrkesexamina på avancerad nivå, Umeå universitet/Företagsekonomi

    Författare :Melker Ekman; Andreas Tibell; [2019]
    Nyckelord :bid-ask-spread; yieldspread; liquidity risk; credit risk; interest rate risk; obligation; obligationer; obligationens risker; kreditspread; ränterisk; kreditrisk; likviditetsrisk; riskpremie; duration; finans; företagsobligation; statsobligation; riskvariabel; fond; värdepapper;

    Sammanfattning : När en företagsobligation och en statsobligation har samma löptid och har en skillnad i avkastning, så kallas denna skillnad för kreditspread. Ett känt koncept inom finansvärlden är att risk har en stark koppling till avkastning. LÄS MER