Essays about: "Efficient Market Hypothesis"

Showing result 1 - 5 of 155 essays containing the words Efficient Market Hypothesis.

  1. 1. Is the RIN Market Efficient? - An Event Study of the Blenders' Tax Credit

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Vili Korpela; Torstein Gude; [2017]
    Keywords : Renewable Identification Numbers RINs ; Blenders’ Tax Credit BTC ; Event Study; Renewable Fuel Standard RFS ; Business and Economics;

    Abstract : The purpose of this study is to investigate if the Renewable Identification Numbers (RIN) markets have operated efficiently, a controversial and unexplored area in prior research. This is done through an event study of the retroactive introductions of the Blenders Tax Credit (BTC) and its effect on the RIN Credit Market, related commodity markets and relevant firm stocks. READ MORE

  2. 2. On fees and performance in the premium pension system : A study of the determinants of mutual fund fee and risk-adjusted return within the Swedish premium pension system

    University essay from Umeå universitet/Företagsekonomi; Umeå universitet/Företagsekonomi

    Author : Hanna Larsson; Daniel Gustafsson; [2017]
    Keywords : pension; fee; size; performance; active management;

    Abstract : Pension is a subject that soon or later affects all individuals in society. Within the premium pension system mutual fund fees are an important factor to consider since it can erode savings. This study investigates fees and performance of all mutual funds that existed in the premium pension system (PPS) between 2004 and 2016. READ MORE

  3. 3. The profitability of momentum trading strategies: A comparisonbetween stock markets in the Netherlands and Germany

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Oliver Weil; [2017]
    Keywords : Momentum; Efficient markets; The Efficient Market Hypothesis; Transaction costs JEL classifications: G10; G11; G14; G15; G19;

    Abstract : Can momentum trading strategies beat Dutch or German stock market indices? If so, dothose strategies show significant positive net returns? For the period from March 2009 to March 2016this appears to be the case for only one out of the nine momentum trading strategies investigated withrespect to the Dutch stock market and for none of those same momentum trading strategiesinvestigated with respect to the German stock market. Furthermore, this research finds that the netmomentum returns seem to be winner- instead of loser-portfolio driven and that the longer the holdingperiod, the higher the net momentum returns realized. READ MORE

  4. 4. “Brand Equity – A Study on the relationship between brand equity and stock performance”.

    University essay from Umeå universitet/Företagsekonomi

    Author : Evelin Hinestroza; [2017]
    Keywords : Brand equity; Stock performance; information asymmetry; financial disclosure; Nordic; relationship;

    Abstract : In today’s competitive market companies aim at increasing revenue to acquire a higher market share. Previous research indicates that this can be achieved with intangible assets. READ MORE

  5. 5. The Quest for the Abnormal Return : A Study of Trading Strategies Based on Twitter Sentiment

    University essay from Umeå universitet/Företagsekonomi; Umeå universitet/Företagsekonomi

    Author : Peter Gustafsson; Jonas Granholm; [2017]
    Keywords : sentiment analysis; trading strategy; twitter; stock portfolios;

    Abstract : Active investors are always trying to find new ways of systematically beating the market. Since the advent of social media, this has become one of the latest areas where investors are trying to find untapped information to exploit through a technique called sentiment analysis, which is the act of using automatic text processing to discern the opinions of social media users. READ MORE