Essays about: "Andreas Elvelin"

Found 1 essay containing the words Andreas Elvelin.

  1. 1. Idiosyncratic Volatility and Risk-Adjusted Returns: Evidence from the Swedish Stock Market

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Andreas Elvelin; Ulf Hage; [2015]
    Keywords : Idiosyncratic volatility; Fama-French three-factor model; Risk-adjusted returns; January effect; Microcap stocks;

    Abstract : Classic financial theory says that an investor should not be compensated for holding diversifiable risk, and that no relation between diversifiable risk and returns should exist. However, research has shown diversifiable risk, or idiosyncratic volatility, to be both positively and negatively related to returns, depending on the application. READ MORE