Essays about: "CAPM"

Showing result 1 - 5 of 190 essays containing the word CAPM.

  1. 1. Active versus Passive Investment : A China and Hong Kong comparison

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

    Author : Johanna Karlsson; Didrik Brinkestam Persson; [2020]
    Keywords : Active Investment; CAPM; China; Hong Kong; Index; Passive Investment;

    Abstract : Investors have been debating whether active or passive management is the better strategy for a very long time where the majority conclude passive investment the most beneficial strategy in terms of after cost. Due to limited research in emerging markets, this study examines whether active or passive management is the most remunerative strategy in mainland China and Hong Kong, considering the difference in attributes between the regions. READ MORE

  2. 2. Growth and Momentum - Rich and Richer : -A study on momentum and growth on the automotive Frankfurt stock market

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

    Author : Charlie Vindehall; David Eriksson; [2020]
    Keywords : Active investing; Growth; Momentum; Efficient Market hypothesis; German automotive sector; CAPM; Alpha; Sharpe ratio;

    Abstract : Active management funds are associated with higher transaction costs, which is something that has been acknowledged for a long time. The question is whether these costs can compensate with a higher return. This paper investigates how two active strategies, momentum and growth investing, have performed in relation to a passive index. READ MORE

  3. 3. Shareiholder Wealth: An Event Study of Green and Non-Green Bond Issuance in Scandinavia

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Jonathan Bark; Melker Lundberg; [2020]
    Keywords : Green bonds; Conventional bonds; Event study; Cumulative Abnormal Returns; Capital Asset Pricing Model; Business and Economics;

    Abstract : The green bond market has grown immensely since 2013 and is projected to continue on this growth path in the future. There is no consensus surrounding the effect of green bonds on the issuing firms share price. READ MORE

  4. 4. The Impact of OPEC Announcements on Stock Returns

    University essay from Jönköping University/IHH, Nationalekonomi; Jönköping University/IHH, Nationalekonomi

    Author : Oliver Samer Haydar; Marcus Reilimo; [2020]
    Keywords : OPEC; Event study; CAPM; CAAR; EMH; Behavioural finance;

    Abstract : The purpose of this study is to investigate the effects of OPEC oil production cut announcements on stock returns of specified companies listed on the London Stock Exchange. Two categories are constructed from stocks of companies operating in oil, gas and mining sectors and companies operating in pharmaceutical, industrial engineering and industrial transportation sectors, respectively. READ MORE

  5. 5. Factor Premiums in Developing Stock Markets: Evidence from Nairobi Securities Exchange

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Agnes Lindvall; [2020]
    Keywords : Asset Pricing Models; Fama-French 5-factor Model; Nairobi Securities Exchange; Factor Premium; Business and Economics;

    Abstract : This study tests the Fama-French 5-factor asset pricing model in a developing stock market. The purpose is to investigate whether the size, value, profitability, and investment factor premiums exist in the Nairobi Securities Exchange (NSE). READ MORE