Essays about: "p e ratio and efficient market hypothesis"

Found 5 essays containing the words p e ratio and efficient market hypothesis.

1. 1. Does a portfolio of growth stocks outperform a portfolio of value stocks? : Evidence from Sweden and Norway

   University essay from Umeå universitet/Företagsekonomi

   Author : Lina Andersson; Daniella Holmgren; [2022]
   Keywords : Growth stocks; Value stocks; P E ratio; Sharpe ratio; Jensen’s alpha; behavioural finance; efficient market hypothesis; financial crises;

   Abstract : A high return is a driving factor for most investors. The ways to reach success are many and different investment strategies on how to earn high returns have been discussed for decades. READ MORE

3. 2. The Moat of Finance : Does Complexity Reward the Private Investor?

   University essay from KTH/Fastigheter och byggande

   Author : Johan Svanberg; Daniel Max; [2019]
   Keywords : Price to Earning; Price to Book; Dividend Yield; Multi-ratio Strategies; Efficient Market Hypothesis; Modern Portfolio Theory; Excess Returns; Alpha and Stockholm Stock Market.;

   Abstract : This paper evaluates the ability of single and multi-ratio investment strategies, such as P/E, P/B, Magic Formula and Piotroski F-score, to generate excess returns and positive alpha values on the Stockholm Stock Market. Performances of the strategies tested are compared to the Stockholm Stock Market as a whole, also known as the index “OMXSPI”. READ MORE

4. 3. The Bond Equity Yield Ratio : An investigation of its forecasting ability in Denmark, Finland, Norway and Sweden

   University essay from Umeå universitet/Företagsekonomi

   Author : Anders Karlén; Sebastian Poulsen; [2014]
   Keywords : ;

   Abstract : Scientists and practitioners have for decades attempted to find methods to forecast movements in the capital markets, thereby trying to find a way to outperform the market. The origins of forecasting literature investigated traditional financial and accounting ratios such as the dividend yield (D/P) and the earnings yield (E/P). READ MORE

5. 4. PE and EV/EBITDA Investment Strategies vs. the Market : A Study of Market Efficiency

   University essay from Institutionen för ekonomisk och industriell utveckling

   Author : Eva Persson; Caroline Ståhlberg; [2007]
   Keywords : Efficient Market Hypothesis; Enterprise Multiple; P E ratio; Relative Valuation; Anomaly; Stock Valuation;

   Abstract : Background: The efficient market hypothesis states that it is not possible to consistently outperform the overall stock market by stock picking and market timing. This is because, in an efficient market, all stock prices are at their correct level, and there are no over- or undervalued stocks. READ MORE

6. 5. Value Vs Growth : A study of portfolio returns on the Stockholm Stock Exchange

   University essay from IHH, Företagsekonomi

   Author : Anders Carlström; Rikard Karlström; Jakob Sellgren; [2006]
   Keywords : Finance; P B; P E; Portfolio theory; Efficient market hypothesis; Anomalities.; Finansiering; P B; P E; Portföljteori; Effektiva marknads hypotesen; Abnormaliteter;

   Abstract : Research Questions: • Will a portfolio based on value stocks, on a risk-adjusted basis, outperform a portfolio based on growth stocks on the Stockholm Stock Exchange? • Is the superior strategy able to generate abnormal risk adjusted returns by beating the OMXS in-dex? Purpose: The purpose is to investigate if an investor by purchasing a portfolio based on value stocks will outperform a portfolio based on growth stocks. Furthermore the authors aim to examine if the superior portfolio can beat the OMXS index and create abnormal returns on the Stockholm Stock Exchange. READ MORE