Essays about: "E cient Market Hypothesis EMH"

Found 1 essay containing the words E cient Market Hypothesis EMH.

  1. 1. Backtesting the Magic Formula in the Brazilian Stock Market

    University essay from Göteborgs universitet/Graduate School

    Author : Alexander Gunnar Juliao de Paula; [2016-10-06]
    Keywords : Magic Formula; Value Investing; Joel Greenblatt; E cient Market Hypothesis EMH ; Capital Asset Pricing Model CAPM ;

    Abstract : This thesis performs a backtest of the Magic Formula for the Brazilian stock market in the period between 2006 and 2015. The Magic Formula methodology is a stock picking strategy that combines Return on Capital and Earnings Yield factors in a ranking system aiming to outperform the market average. READ MORE