Essays about: "Analyst firms"

Showing result 1 - 5 of 31 essays containing the words Analyst firms.

1. 1. Can Machine Be a Good Stock Picker?: Bridging the Gap between Fundamental Data and Machine Learning

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Tomoya Narita; Povilas Stankevicius; [2023]
   Keywords : Machine Learning; XGBoost; Relative Valuation; Convergence Trade;

   Abstract : We investigate the efficacy of historical accounting data and consensus forecasts for relative valuation of stocks, employing tree-based machine learning methods. We run an XGBoost model for monthly cross-sections of financial and pricing data of US equities from 1984 to 2021. READ MORE

3. 2. The granddaddy of underreaction events: Post-earnings announcement drift and information noisiness on the Swedish market

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

   Author : Sofia Berlin; Gustav Sandelin; [2023]
   Keywords : Post-earnings announcement drift; market efficiency; earnings surprises; information noisiness; stock price synchronicity;

   Abstract : This paper aims to answer the question of whether there is an existence of post-earnings announcement drift on the Swedish stock market and to what extent it can be explained by information noisiness. A sample of publicly listed firms on the Swedish stock market from 2002 to 2019 is used and the research design includes four different approaches to estimating earnings surprises which is a crucial step in investigating PEAD. READ MORE

4. 3. Is the Swedish Equity Analyst Just an ESG Salesperson?

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

   Author : Smilla Eliasson; Filip Thorsell; [2023]
   Keywords : Environmental Social Governance; ESG Disclosure; Sell-side Analysts; Stakeholder Theory; Legitimacy Theory;

   Abstract : This thesis aims to understand if Swedish sell-side equity analysts evaluate firms' ESG performance and whether they recognize ESG performance as a factor that creates firm value. Data is collected for Swedish companies currently listed on the Stockholm Stock Exchange (Mic: XSTO) for the years 2008-2022. READ MORE

5. 4. ESG Scores in IPOs: The impact of Board Composition and Ownership Concentration

   University essay from Göteborgs universitet/Graduate School

   Author : Karl Ehrensky; Martin Svensson; [2021-06-24]
   Keywords : ESG; ESG score; board composition; ownership concentration; stakeholder management;

   Abstract : The prevalence of the sustainability agenda and the need for Environmental, Social, and Governance (ESG) issues to be addressed by firms are increasingly characterizing today’s business environment. Creating shareholder wealth while also satisfying the wider base of stakeholders, a strategic management approach that ultimately is affected by the firm’s governance through the composition of the board and the ownership concentration of a firms’ shareholders. READ MORE

6. 5. The effects of analyst’s recommendations on stock prices and trade volumes : An event study on the Swedish market.

   University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

   Author : Filip Lööf; Casper Dahlberg; [2021]
   Keywords : OMXS30; Analysts’ recommendations; Stock prices; Trade volumes; Abnormal returns; Abnormal volumes; Efficient Market Hypothesis;

   Abstract : This thesis analyzes the effects of analysts’ recommendations on stock prices and trade volumes of firms listed on OMXS30 during the three-year period 2018-2020. An event study of 313 recommendations issued during the three- year period was conducted in order to calculate the abnormal returns and abnormal volumes during the event window. READ MORE