Sökning: "Effecient Market Hypothesis"

Hittade 3 uppsatser innehållade orden Effecient Market Hypothesis.


    Kandidat-uppsats, Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Författare :Gustav Hauri; Johannes Sköld; [2019-02-18]
    Nyckelord :Effecient Market Hypothesis; Fundamental analysis; Investments strategies; Magic Formula; Value investing;

    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

  2. 2. Patents and Market Efficiency - An Analysis of Non-Qualitative Patents.

    Magister-uppsats, Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Författare :Johan Svensson; Alexander Wetterling; [2013-07-04]
    Nyckelord :patent valuation; event study; intellectual property; effecient market hypothesis; non-qualitative patents´impact on abnormal returns;

    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

  3. 3. Monkey Strategy : Swinging through the Capital Anomaly Jungle

    Kandidat-uppsats, Uppsala universitet/Företagsekonomiska institutionen; Uppsala universitet/Företagsekonomiska institutionen

    Författare :Carl Arvidsson; Tim Gudrais; [2013]
    Nyckelord :Market Anomalies; Effecient Market Hypothesis EMH ; Piotroski; F_SCORE; Price-to-earnings; Investment Strategy; Abnormal Return; New York Stock Exchange; Kapitalmarknadsanomalier; Den Effektiva Marknadshypotesen; Piotroski; F_SCORE; Price-to-earnings; Investeringsstrategi; Onormal avkastning; New York Stock Exchange;

    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