Sökning: "Magic Formula"

Visar resultat 1 - 5 av 26 uppsatser innehållade orden Magic Formula.


    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. Magic Formula has its magic and Momentum has its moments. : -A study on magic formula and momentum on the Swedish stock market.

    Kandidat-uppsats, Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO); Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

    Författare :Erik Sjöbeck; Joel Verngren; [2019]
    Nyckelord :Investment strategies; Magic formula; Momentum; Efficient market hypothesis; Swedish stock market; CAPM; Sharpe ratio;

    Sammanfattning : The study examines how the investment strategy Magic Formula (Greenblatt, 2006) has performed on the Swedish stock market. It is also investigated how the performance is affected when the strategy is combined with momentum. LÄS MER

  3. 3. Can You Trust Investment Strategies? : An Empirical Study of Five Easily Available Investment Strategies Suitable for All Investors

    Magister-uppsats, Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO); Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

    Författare :Johanna Strand; Emilia Karlsson; [2019]
    Nyckelord :Investment strategies; The Magic Formula; Dogs of the Dow; Graham Screener; Net- Nets; Piotroski’s F_Score; Risk-Adjusted Return; Three-Factor Model.;

    Sammanfattning : This study examines the Swedish Stock Exchange during the time period of 1998-2016. Where the purpose is to investigate and compare five different investment strategies to see if these investment strategies can create excess return on their investments, after adjustment for risk. LÄS MER

  4. 4. The Moat of Finance : Does Complexity Reward the Private Investor?

    Kandidat-uppsats, KTH/Fastigheter och byggande; KTH/Fastigheter och byggande

    Författare :Johan Svanberg; Daniel Max; [2019]
    Nyckelord :Price to Earning; Price to Book; Dividend Yield; Multi-ratio Strategies; Efficient Market Hypothesis; Modern Portfolio Theory; Excess Returns; Alpha and Stockholm Stock Market.;

    Sammanfattning : This paper evaluates the ability of single and multi-ratio investment strategies, such as P/E, P/B, Magic Formula and Piotroski F-score, to generate excess returns and positive alpha values on the Stockholm Stock Market. Performances of the strategies tested are compared to the Stockholm Stock Market as a whole, also known as the index “OMXSPI”. LÄS MER

  5. 5. Combining Value and Quality on the Swedish Equity Market: Does it hold over time?

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

    Författare :Jacob Hesslevik; Victor Wolf; [2019]
    Nyckelord :Magic Formula; Value Investing; Abnormal Returns; Efficient Market Hypothesis; Portfolio Management;

    Sammanfattning : The ultimate goal of many investors is to achieve alpha. Yet, most of them are unable to do this on average. Strategies achieving anomalous effects relating to e.g. LÄS MER