Essays about: "Demand Curve for Stocks"
Found 3 essays containing the words Demand Curve for Stocks.
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1. There is such a thing as a free lunch, but it will cost you: a study on costly arbitrage and the index effect
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This thesis examines how stock returns around inclusions into and exclusions from the Swedish OMX Stockholm Benchmark and OMX Stockholm 30 indices are affected by arbitrage risk and transaction costs. We observe that during the 30 trading days preceding the announcement of a stock's inclusion in either index, stocks with high arbitrage risk and high transaction costs experience high positive abnormal returns, and vice versa. READ MORE
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2. Passive Flows and Company Valuations: A Study of the Swedish Market
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This paper analyzes the relationship between index fund flows and the valuations of index constituents listed on the Stockholm Stock Exchange. Using data on the OMXS30 and OMXS30NEXT indices, we run panel regressions of P/E ratios on index fund flows and a set of control variables. READ MORE
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3. Do Acquirers Offer a Higher Bid Premium to Target Companies as Their Demand Increases?: The Effect of Percent Sought on the Announced Bid Premium
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This thesis investigates if microeconomic theory of supply and demand can explain financial markets by examining the effect of percent sought on the announced bid premium. However, to analogically apply the law of supply on financial markets is controversial due to the Efficient Market Hypothesis which implies that the supply curve for stocks should be flat. READ MORE
