Sökning: "Effecient Market Hypothesis"
Hittade 3 uppsatser innehållade orden Effecient Market Hypothesis.
1. THE MAGIC FORMULA - EN UTVÄRDERING AV EN FUNDAMENTAL INVESTERINGSSTRATEGI PÅ DEN SVENSKA AKTIEMARKNADENKandidat-uppsats, Göteborgs universitet/Institutionen för nationalekonomi med statistik
Sammanfattning : This thesis examines the predictive powers of the basic stock picking model, The Magic Formula (MF), as well as the modified version of the model, The Free-Cash-Flow augmented Magic Formula (MF-CF) as suggested by Davydov, Tikkanen and Äijö (2016). By using a sample of the firms listed in the Stockholm Stock Exchange during 2008-2018, our results indicate that both models predict high risk, but only the MF provide higher returns. LÄS MER
- Magister-uppsats, Göteborgs universitet/Institutionen för nationalekonomi med statistik
Sammanfattning : The importance of intellectual property and intellectual property rights in today’s economy steadily increases. By conducting event studies this report investigates whether the market is efficient when it comes to the granting and the invalidation of non-qualitative patents, hypothesizing that the granting and invalidation should not have an impact on abnormal returns. LÄS MER
- Kandidat-uppsats, Uppsala universitet/Företagsekonomiska institutionen; Uppsala universitet/Företagsekonomiska institutionen
Sammanfattning : The aim of this paper is to test whether an investment strategy originally created by Piotroski (2000), can be refined by combining it with the price-to-earnings-anomaly. In detail, we accomplish this by implementing Piotroskis F_SCORE-model to identify and consequently separate financially weak- and strong firms. LÄS MER