Essays about: "APT"

Showing result 1 - 5 of 36 essays containing the word APT.

  1. 1. Arbitrage Pricing Theory: A study on the Stockholm Stock

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Richard Johansson; Pierre Petersson; [2019-03-01]
    Keywords : Arbitrage Pricing Theory; APT; Stockholm Stock Exchange; Macroeconomic Factors; Multi Factor Model;

    Abstract : This thesis investigates the macroeconomic factors that affect the returns on the different portfolios in Stockholm Stock Exchange by using Arbitrage Pricing Theory (Stephen Ross 1976). We use the portfolios of Large Cap, Mid Cap, Small Cap, and All Caps. Specifically, multiple index model is used. The sample period is 2012-2017. READ MORE

  2. 2. INVESTIGATING THE VALUE PREMIUM IN THE SWEDISH STOCK MARKET

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Enes Ljuca; Björn van Dijkman; [2018]
    Keywords : Value premium; time-varying risk; APT; Sweden; Business and Economics;

    Abstract : nvestigating the Swedish stock market, we find value stocks to have significantly outperformed growth stocks during the period of 1993 to 2017. As value stocks are found to be riskier during bad states of the economy, the existence of the value premium can be partly attributed to time-varying risk. READ MORE

  3. 3. Justification and Moral Cognitivism : An Analysis of Jürgen Habermas's Metaethics

    University essay from Uppsala universitet/Teologiska institutionen

    Author : Johan Elfström; [2018]
    Keywords : Habermas; cognitivism; metaethics; justification; human rights; Habermas; kognitivism; metaetik; etisk teori; berättigande; mänskliga rättigheter;

    Abstract : In this thesis, I scrutinise and interpret Jürgen Habermas’s claim that justification of moral norms necessitates cognitivism. I do this by analysing the general idea behind his discourse theory of morality and then his metaethics. READ MORE

  4. 4. Factor Investing and Macroeconomic Risk

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Pascal Buehrig; [2018]
    Keywords : Factor Investing; Macroeconomic Risk; APT; CAPM; Fama French;

    Abstract : This thesis examines the influence of macroeconomic risk on simple investment strategies related to the well-known risk factors size, value and momentum. Based on a sample of 25,224 stocks from ten different countries, quarterly returns between 1999 and 2016 have been analyzed with fixed-effect regression models. READ MORE

  5. 5. The Normative Moral Codes Workshop : - A new thought-experiment aimed at investigating normative morality

    University essay from Umeå universitet/Institutionen för idé- och samhällsstudier

    Author : Karl-Fredrik Norrback; [2017]
    Keywords : morality; ethics; normative morality; thought-experiment; experimental philosophy; experiment; moral; etik; normativ moral; tankeexperiment; experimentell filosofi; experiment;

    Abstract : The normative moral code is considered to be such that it applies universally to all or at least to all who can understand and govern their behavior by it. All or almost all common folk think of and use their own moral codes as them being normative in that for example there simply seem to them to exist “oughts” that apply to all and that there simply, straightforwardly are “things” that are right and wrong, good and bad. READ MORE