Essays about: "Alpha and Stockholm Stock Market."

Showing result 16 - 20 of 21 essays containing the words Alpha and Stockholm Stock Market..

1. 16. How Good Are Analysts at Handling Crisis? - A Study of Analyst Recommendations on the Nordic Stock Exchanges during the Great Recession

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Erika Madebrink; Camilla Sahlin; [2014]
   Keywords : analyst recommendations; analyst performance; the Great Recession; flight-to- safety;

   Abstract : The purpose of this thesis is to gain better understanding of the value of analyst recommendations. We show, by studying analyst consensus recommendations on four Nordic stock exchanges that during the Great Recession analysts' ability to generate profitable stock recommendations declined. READ MORE

3. 17. Alternative Index Weighting Strategies on the Swedish Stock Market

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : William Appelgren; Johanna Trost; [2014]
   Keywords : alternative index strategies;

   Abstract : The Market-Capitalization index reweighting has since long had the role as the conventional tool for passive investments through its simplicity and CAPM framework conformance. Nowadays, alternative index reweightings are getting increased traction in the light of market-capitalization criticism and suggested risk-return improvements and possibilities of desired characteristics. READ MORE

4. 18. Idiosyncratic Risk and Expected Stock Returns: An Empirical Investigation on the GIPS Countries

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Nadir Luvisotti; [2013]
   Keywords : Idiosyncratic Risk; CAPM; Fama-French three factor model; GIPS equity markets;

   Abstract : The thesis aims to provide a framework for understanding how the idiosyncratic risk (IVOL) may affect the returns of individual stocks in the context of the Capital Asset Pricing Model and the Fama-French three factor model. We examine the Greek, Italian, Portuguese and Spanish (GIPS) Equity Markets. READ MORE

5. 19. China-focused Mutual Funds: A Study of Performance, Selectivity and Market Timing

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Amanda Ulfsdotter; Rebecca Samuelsson; [2011]
   Keywords : mutual funds; selectivity; market timing; unconditional models; conditional models;

   Abstract : This study examines the performance of 36 China-focused mutual funds advertised and sold in Sweden. We use Jensen's alpha, the Treynor-Mazuy model and the Henriksson-Merton model in order to evaluate overall performance, stock selection abilities and market timing skills of the fund managers. READ MORE

6. 20. Swedish Equity Funds: A Study of Performance and Return Persistence

   University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Author : Oskar Steneryd; André Löfdahl; [2009]
   Keywords : Equity funds; Jensen’s Alpha; Performance Persistence; Market Timing Ability; Treynor and Mazuy;

   Abstract : Previous research has shown that equity funds tend to not over perform in relation to the market index regardless of the fund’s investment strategy. However, academic opinions are ambiguous regarding whether equity funds exhibit persistence in performance and if equity funds’ performance can be explained by market timing ability. READ MORE