Sökning: "High Book-to-Market"
Visar resultat 1 - 5 av 27 uppsatser innehållade orden High Book-to-Market.
1. Power Play: The influence of energy prices on ESG Stocks’ performance during the Energy Crisis A quantitative study performed on the Swedish stock market
Kandidat-uppsats, Göteborgs universitet/Företagsekonomiska institutionenSammanfattning : This research paper is focused on the impact of the European energy crisis on ESG (Environmental, Social, and Governance) stocks. The paper aims to examine the extent to which the performance of stocks with high ESG scores has been affected by energy prices and volatility during the energy crisis. LÄS MER
2. The Impact of ESG-Scores on Portfolio Performance - A quantitative study on sustainable investments.
Master-uppsats, Göteborgs universitet/Graduate SchoolSammanfattning : This report examines the relationship between ESG-scores and portfolio returns using the Fama-French five-factor and Carhart four-factor models. The data is collected from Refinitiv (2023) between 2003 and 2021 and consists of firms listed on the NYSE and NASDAQ stock exchange. LÄS MER
3. The Missing Ingredient: How to improve value investing in the information age
D-uppsats, Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringSammanfattning : This thesis aims to inform a value investing strategy in specific niches of European firms by adjusting the book-to-market (B/M) ratio for intangible assets. An increase in intangible assets' importance for corporate value creation coupled with a lack of amendments to their accounting treatment has led to debates on the value relevance and accuracy of accounting information, including the B/M ratio used to derive value premiums. LÄS MER
4. Moving beyond a narrow definition of value investing
D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiSammanfattning : This study shows that the information content of valuation ratios can be highly dissimilar. It presents a value measure that outperforms book-to-market not only in terms of the abnormal returns a zero-cost portfolio formed on this sorting variable generates relative to factor models, but also in terms of its ability to capture firms with a high level of profitability and a strong profitability persistence. LÄS MER
5. Piotroski som investeringsstrategi : Test och utveckling av F_SCORE
Kandidat-uppsats, Högskolan Kristianstad/Fakulteten för ekonomiSammanfattning : This paper uses a fundamental investment strategy model developed by Piotroski (2000), called F_SCORE. The model uses accounting-based ratios applied for portfolios of high book-to-market firms. The aim of the study is to test the model for the US stock market during the years 1998-2015, as well as to develop it. LÄS MER