Sökning: "Frederik Motzet"

Hittade 1 uppsats innehållade orden Frederik Motzet.

  1. 1. Trading on Parsimonious Prediction Models: Simply Genius or Genuinely Too Simplistic? - A 'fundamental analysis'-based test of market efficiency in the U.S.

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

    Författare :Tilman Schwarzenberg; Frederik Motzet; [2016]
    Nyckelord :Market efficiency testing; Market mispricing; ROE prediction; Fundamental analysis; Residual income valuation;

    Sammanfattning : In the mature field of fundamental analysis (FA) and market efficiency tests, the study of Skogsvik & Skogsvik (2010) stands out in that it generates significant abnormal returns using a parsimonious ROE-based investment strategy in the Swedish market. To test the robustness of their results across countries and time periods, the aim of this thesis is twofold: First, it is investigated whether a simple FA-based trading strategy can generate similar excess returns on a large U. LÄS MER