Essays about: "analyst event study"

Showing result 1 - 5 of 11 essays containing the words analyst event study.

  1. 1. The granddaddy of underreaction events: Post-earnings announcement drift and information noisiness on the Swedish market

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

    Author : Sofia Berlin; Gustav Sandelin; [2023]
    Keywords : Post-earnings announcement drift; market efficiency; earnings surprises; information noisiness; stock price synchronicity;

    Abstract : This paper aims to answer the question of whether there is an existence of post-earnings announcement drift on the Swedish stock market and to what extent it can be explained by information noisiness. A sample of publicly listed firms on the Swedish stock market from 2002 to 2019 is used and the research design includes four different approaches to estimating earnings surprises which is a crucial step in investigating PEAD. READ MORE

  3. 2. Options and analysts : A study on the relationship between option implied volatility and analyst consensus recommendations

    University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

    Author : Ludwig Flank Zetterström; Krenare Salihu; [2022]
    Keywords : Finance; options; option implied volatility; stock recommendations; revisions; information asymmetries;

    Abstract : The purpose of our thesis is to examine the relationship between option implied volatility and analyst consensus recommendation revisions. We offer a Swedish perspective on the growing popularity of equity options and its relationship with different stock market participants and returns. READ MORE

  4. 3. Do qualified key management create shareholder value? Evidence from Nordic M&As

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

    Author : Love Berglund; Markus Hedborg; [2021]
    Keywords : M A; shareholder value; key management; managerial characteristics; event study;

    Abstract : In this paper we investigate the relation between managerial characteristics and shareholder value in the context of a merger or acquisition announcement. We use a Nordic dataset on completed mergers and acquisitions, paired with unique data on analyst rankings to proxy for managerial traits, between 2004 and 2018. READ MORE

  5. 4. The effects of analyst’s recommendations on stock prices and trade volumes : An event study on the Swedish market.

    University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

    Author : Filip Lööf; Casper Dahlberg; [2021]
    Keywords : OMXS30; Analysts’ recommendations; Stock prices; Trade volumes; Abnormal returns; Abnormal volumes; Efficient Market Hypothesis;

    Abstract : This thesis analyzes the effects of analysts’ recommendations on stock prices and trade volumes of firms listed on OMXS30 during the three-year period 2018-2020. An event study of 313 recommendations issued during the three- year period was conducted in order to calculate the abnormal returns and abnormal volumes during the event window. READ MORE

  6. 5. Analyst recommendations and abnormal returns : An event study on OMX Stockholm 30

    University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

    Author : Krenare Salihu; Ludwig Flank Zetterström; [2021]
    Keywords : Finance; event study; recommendations; abnormal returns; behavioral finance;

    Abstract : The main purpose of this study is to contribute to the previous literature by evaluating positive changes in analysts' consensus recommendations of the stocks listed in OMXS30. We analyze if new positive changes in consensus recommendations correspond with lower abnormal returns. READ MORE