Essays about: "important of EMH"
Showing result 1 - 5 of 7 essays containing the words important of EMH.
-
1. Post Earnings Announcement Drift in the Stockholm Stock Exchange : How pronounced is PEAD on beta, traded volume and sector allocation?
University essay from Blekinge Tekniska Högskola/Institutionen för industriell ekonomiAbstract : Post Earnings Announcement Drift (PEAD) is a market anomaly that challenge the “Efficient Market Hypothesis” (EMH). It was first discovered in 1968 by Ball and Brown. When firms on the stock market have their earnings announcement the stock price will be affected and tend to drift up or down in price for days, weeks or months. READ MORE
-
2. Do Mergers and Acquisitions Create Value for Acquirers? Short- and Long-Term Event Study on the Pharmaceutical Industry of Europe
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : In this thesis, the short- and long-term event study methodology are applied in order to assess whether M&As, in the pharmaceutical industry, create any abnormal return for the acquirer. The majority of the previous research finds a negative abnormal return but the short-term event study seems to generate slightly positive abnormal returns outside the U. READ MORE
-
3. Stock Market’s Short-Term Reactions and Volatility as a Result of Political Instability in Serbia
University essay from Blekinge Tekniska Högskola/Sektionen för managementAbstract : Volatility of financial markets has been mathematically defined and well researched, but its causes are harder to identify. Investors’ strategies are based on numerous factors based on well-known theories – EMH, or more behavioral theory. READ MORE
-
4. Capitalizing on seasonalities in the Singapore Straits Times Index
University essay from IHH, FöretagsekonomiAbstract : Purpose: The purpose of this thesis is to study the possible existence of day-of-the-week effects and month-of-the-year effects in the Singapore stock market over the period January 1st 1993 to December 31st 2011. The findings are analysed with the intention of developing investment strategies and to investigate if behavioural finance can help to explain the existence of seasonal anomalies. READ MORE
-
5. The Efficiency of the Chinese Stock Market with Respect to Monetary Policy
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : Due to the bull stock market in China, the efficiency of the Chinese stock market has been one of the hot topics. Because monetary policy plays an important role in Chinese economy and there is a close relationship between stock returns and monetary policy, I test the efficient market hypothesis (EMH) for the Chinese stock market with respect to monetary policy. READ MORE