Essays about: "expected dividend yield"

Showing result 1 - 5 of 7 essays containing the words expected dividend yield.

  1. 1. Unveiling the Cause of NAV-Discounts of Swedish Closed-End Funds

    University essay from Göteborgs universitet/Graduate School

    Author : Eleonor Harrysson; Joel Johansson; [2022-06-30]
    Keywords : Closed-end funds; NAV-discount; non-public holdings; portfolio concentration; ownership concentration; dividend yield; past performance; PCSE; panel data study;

    Abstract : Closed-end funds (CEF) have long been a crucial intermediary in the Swedish financial market by providing relatively inexpensive investment opportunities through their portfolio of public and non-public securities. Interestingly, although CEFs worldwide have been traded at a value below the cumulative value of their underlying portfolio, i.e. READ MORE

  3. 2. Are REITs in Singapore and Hong Kong Being Inflation Hedging? : An empirical analysis of the relationship between REIT returns and inflation

    University essay from KTH/Fastighetsföretagande och finansiella system

    Author : Caixing Bin; [2022]
    Keywords : REITs; inflation; hedge; returns; REITs; inflation; hedge; avkastning;

    Abstract : This paper examinesinflation in Singapore and Hong Kong between 2002 to 2021. The purpose is to investigate whether REITs can hedge against inflation. The inflation will be divided into expected inflation (EI) and unexpected inflation (UI). READ MORE

  4. 3. Expected value premium: Evidence from combined Nordic markets

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Ana Milkic; Anh Dau; [2017]
    Keywords : value premium; expected returns; expected dividend yield; Nordic market; Business and Economics;

    Abstract : Accumulated empirical research has evidenced the existence of value premium, which refers to the return gap between value and growth stocks. Our paper aims to investigate this phenomenon for Nordic market by estimating expected return from its fundamentals, dividends and earnings. READ MORE

  5. 4. Firm-Specific Variables and Expected Stock Returns - A study on the German Market -

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Dylan Remmits; Viktoria Knittel; [2015]
    Keywords : Expected Stock Returns; Fama-MacBeth Cross-Sectional Regression; Risk Premia; German Market; Value Investing; Factor Investing; Portfolio Approach; Conditional Beta; Firm-Specific Variables; Business and Economics;

    Abstract : Purpose: The purpose of this thesis is to investigate which firm-specific variables can explain the cross-section of expected stock returns in the German market. The tested explanatory variables are market beta, firm size, the book-to-market ratio, the earnings-to-price ratio, leverage, the dividend yield, the cash flow-to-price ratio and sales growth. READ MORE

  6. 5. The Black-Litterman Asset Allocation Model : An Empirical Comparison to the Classical Mean-Variance Framework

    University essay from Linköpings universitet/Nationalekonomi; Linköpings universitet/Filosofiska fakulteten

    Author : Shyam Hirani; Jonas Wallström; [2014]
    Keywords : Black-Litterman mean-variance portfolio optimization efficient frontier sensitivity analysis high-yield strategy canonical reverse optimization equilibrium portfolio CAPM;

    Abstract : Within the scope of this thesis, the Black-Litterman Asset Allocation Model (as presented in He & Litterman, 1999) is compared to the classical mean-variance framework by simulating past performance of portfolios constructed by both models using identical input data. A quantitative investment strategy which favours stocks with high dividend yield rates is used to generate private views about the expected excess returns for a fraction of the stocks included in the sample. READ MORE