Sökning: "mispricing"
Visar resultat 1 - 5 av 52 uppsatser innehållade ordet mispricing.
1. Accounting for the Measurement Bias: A Study of Market Efficiency in the United States and the Relevance of Extensive Fundamental Analysis in Equity Valuation
D-uppsats, Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringSammanfattning : This thesis investigates abnormal returns over the period 1983-2021 from an investment strategy that is based on public accounting information. Investment positions are taken in US manufacturing firms and are held for 36 months using a self-financing (hedged) portfolio. LÄS MER
2. Navigating the Storm: An examination of IPO Underpricing in 21st Century Crises
C-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiSammanfattning : IPO underpricing is a phenomenon studied by many, with theories explaining the reason for this mispricing problem. However, there is little to no research examining how IPO underpricing reacts to different crises during the 21st century. This paper focuses on companies issuing in the US market on NYSE and NASDAQ. LÄS MER
3. Forecasting Football Corner Odds: Statistical Modelling, Betting Strategies and Assessing Market Efficiency
Master-uppsats, Lunds universitet/Matematisk statistikSammanfattning : Statistical modelling could be included in a betting strategy where the value of a bet is assessed by comparing model predictions and market odds. This thesis presents several models based on statistical learning methods for predicting the total number of corners in a football match. LÄS MER
4. Does the bond market fully reflect the value of intangibles?
D-uppsats, Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringSammanfattning : This paper examines how the bond market reflects the value of an intangible, more specifically the value of employee satisfaction. Prior research has found support for a mispricing of information on employee satisfaction in the equity market. LÄS MER
5. The Pricing of Green Bonds at Issuance : Is There Underpricing or a "Greenium"?
Magister-uppsats, Jönköping University/IHH, FöretagsekonomiSammanfattning : This paper examines if green bonds incur underpricing or overpricing, that is, have a "greenium", at issuance. Using a global sample of 830 liquid green bonds priced between March 20, 2012 and March 24, 2022, this study estimates an empirical model of the initial returns through ordinary least squares and quantile regressions. LÄS MER