Sökning: "Excessive heterogeneous dispersion"

Hittade 1 uppsats innehållade orden Excessive heterogeneous dispersion.

  1. 1. Herd Behaviour Myopia: Problems with assessing market rationality on the US stock market based on conventional herding measures.

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

    Författare :Carl Lexner; Martin Svensson; [2018]
    Nyckelord :Herd Behaviour; Excessive homogenous dispersion; Excessive heterogeneous dispersion; Sector-level;

    Sammanfattning : This paper aims to test the presence of herd behaviour in the seemingly rational US stock market by observing the behavioural tendencies at a sectoral-level. A model developed by Chang et al. (2000), where the measurement for herding is the dispersion between individual portfolio returns relative to the market return, is used. LÄS MER