Essays about: "EFFICIENCY MARKET HYPOTHESIS"

Showing result 21 - 25 of 124 essays containing the words EFFICIENCY MARKET HYPOTHESIS.

1. 21. Investigating Real Earnings Management in the Relationship between Stock Returns and Top Management Stock Ownership

   University essay from Umeå universitet/Företagsekonomi

   Author : Olle Saric; Pontus Lyngsten; [2021]
   Keywords : Stock returns; Stock ownership; Real Earnings Management; Sweden; Agency theory; Efficient Market Hypothesis.;

   Abstract : In this thesis the relationship between company performance and top management stock ownership in the Swedish market was examined. As well as conducting research on the influence real earnings management has on company performance, and how real earnings management relates to the top management stock ownership. READ MORE

3. 22. Market interpretation of reported currency effects on revenue in quarterly financial statements: reporting opaqueness, investor attention and market efficiency implications

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Sebastian Hofstedt; Tobias Scheufele; [2021]
   Keywords : Currency effects on revenue; investor attention; market efficiency; portfolio strategies; alpha; Business and Economics;

   Abstract : Seminar date: 2021-06-03 Course: BUSN79 - Degree Project in Accounting and Finance Authors: Tobias Scheufele and Sebastian Hofstedt Supervisor: Håkan Jankensgård Examiner: Marco Bianco Key words: currency effects on revenue, investor attention, market efficiency, portfolio strategies, alpha Purpose: investigate the relationship between reported currency growth on revenue and subsequent stock prices following quarterly reports. Design a portfolio strategy to exploiting potential corrections of initial overreactions by market participants. READ MORE

4. 23. Financial statement information and abnormal stock returns : a test of increased market efficiency over time in the Swedish stock market

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

   Author : David Axelsson; Markus Elmgärde; [2021]
   Keywords : Financial statement analysis; Fundamental valuation; Abnormal returns; Market mispricing;

   Abstract : This study revisits the question of whether publicly available financial statement information can be used to generate abnormal returns. The study tests the hypothesis that the Swedish stock market has become increasingly efficient over time with respect to publicly available financial statement information, suggested by Skogsvik and Skogsvik (2010), by applying their investment strategy, combining the estimated probability of an increase in mid-term ROE with the implied market expectations for future mid-term ROE estimated from a RIV-model. READ MORE

5. 24. Mutual Fund Performance : An analysis of determinants of risk-adjusted performance for mutual equity funds available for Swedish investors

   University essay from Umeå universitet/Företagsekonomi

   Author : Sandra Carlsson; Erica Eikner; [2020]
   Keywords : Mutual equity funds; risk-adjusted performance; Total Expense Ratio; fund characteristics; Swedish investors; Efficient Market Hypothesis; Carhart four factor model; Sweden;

   Abstract : The mutual fund industry in Sweden has grown rapidly over the past years. Research has been made on the topic for over 50 years, however there are still uncertainties about the determinants of fund performance. READ MORE

6. 25. The Halloween Effect : A trick or treat in the Swedish stock market?

   University essay from Jönköping University/IHH, Företagsekonomi

   Author : Oliver Benjaminsson; Pontus Reinhold; [2020]
   Keywords : The Halloween Effect; Efficient Market Hypothesis; Calendar anomalies; Regression analysis; Trading strategies;

   Abstract : The Halloween effect refers to higher stock returns during the period November to April compared to May to October. This is a well-known calendar anomaly that has gained a lot of attention due to the fact that the effect is persistent in the market in spite of the fact that investors are aware of the anomaly today. READ MORE