Essays about: "hedge-portfolio"
Found 4 essays containing the word hedge-portfolio.
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1. Strategies for mitigating foreign exchange risk
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : Foreign exchange risk management is important for multinational companies since changes in exchange rates can have significant effects on financial results. Following their extensive international operations, Thule Group is one such organization. READ MORE
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2. Exploiting Discounts: Evidence from Swedish Investment Companies
University essay from Uppsala universitet/Företagsekonomiska institutionenAbstract : This study examines the relationship between discounts on Swedish closed-end investment companies and abnormal return. By sorting Swedish investment companies by the size of their discounts, we create monthly portfolios over a period of 15 years and construct a hedge-portfolio which generate an annualised abnormal return of 9.99%. READ MORE
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3. Economic Value Added® applied on the American Stock Market : Can the EVA® fundamental analysis increase the returns to a hedge-portfolio strategy with stocks sorted after book-to-market valuation and size?
University essay from Företagsekonomiska institutionenAbstract : In this paper, the popular fundamental analysis model Economic Value Added is tested for any ability to generate returns above that explained by book-to-market effects on American large cap stocks. A zero net-investment hedge portfolio-test was undertaken where the Economic Value Added® fundamental analysis was applied on a sample of large cap stocks, sorted into quintiles after book to market valuation. READ MORE
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4. Fundamental Fundamental Valuation: A Hunt for Abnormal Returns
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : We set out to develop a valuation model and two trading strategies with the aim to generate abnormal returns. The data sample consists of the shares currently constituting the S&P100 over the time period 1988 to 2007. The model is specifically designed to avoid problems of endogeneity and circularity hitherto found in previous research. READ MORE