Essays about: "Efficient Market Hypothesis"

Showing result 1 - 5 of 144 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. Strategic Earnings Announcements on Stockholm OMX Exchange - A study of the tendency to and market reaction towards disclosure of earnings announcements during periods of lower market attention(?)

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Gabriel Meisner; Erik Leijon; [2017]
    Keywords : Earnings Announcements; Efficient Market Hypothesis; Investor inattention; Event Study;

    Abstract : In this study, we investigate the phenomenon of Strategic Earnings Announcements on the Stockholm OMX Exchange. Using basic t-tests, we report that earnings announcements made on Fridays are not related to negative earnings surprises when compared to other weekdays, rather there are indications that Friday announcements are related to a positive surprise in the market. READ MORE

  3. 3. An Empirical Analysis of the Profitability of Technical Analysis Across Global Markets - The Case of Equities, Commodities and Foreign Exchange Rates

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Nils Ekman; [2017]
    Keywords : Technical Analysis; Efficient Market Hypothesis; Equity Market; Commodity Market; Foreign Exchange Market; Business and Economics;

    Abstract : Four technical indicators are tested on 14 return-series, covering the years 2000 – 2016 and representing 3 different asset types: equity, commodity and currency, with a further division of equity into developed and developing markets. The indicators assessed are Moving Averages with fixed and variable holding periods, MACD, and RSI. READ MORE

  4. 4. One Instance Not a Trend: Empirical Lack of Persistence in Earnings Prediction. Revisiting the EMH in Sweden with an active fund selection framework

    University essay from Göteborgs universitet/Graduate School

    Author : Martin Hogen; Fredrik Stenkil; [2016-09-22]
    Keywords : Active Management; Active Share; Active Fundamental Performance; Efficient Market Hypothesis; EMH; Earnings Prediction; Stock Picking; Fama-French; Sharpe; Jiang Zheng; Mutual Funds; Sweden;

    Abstract : MSc in Finance.... READ MORE

  5. 5. Efficient Market Hypothesis: Testing for Price Predictability on the OMX Stockholm 30 Index

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Hjalmar Fryklund; Robert Mlinaric; [2016-09-15]
    Keywords : ;

    Abstract : The use of historical information to predict future pricing of equities has been a topic of debate among the financial community for some time. This study examines the issue by testing for statistical significance on lagged price values, utilizing an autoregressive model. In the tests we use data from the OMX Stockholm 30 index. READ MORE