Essays about: "Equity Market Timing"
Showing result 11 - 15 of 31 essays containing the words Equity Market Timing.
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11. The Booms and Busts of Private Equity - A study of the drivers and components of private equity cycles
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : In this paper we study the drivers behind private equity cycles. The data consists of 107 282 deals made by 7 296 firms. We hypothesize that activity in the private equity industry is driven by economic shocks, capital supply and demand, as well as market timing, information asymmetries, and agency conflicts. READ MORE
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12. Equity Market Environment as a Capital Structure Determinant - Incorporating a systematic risk factor in the trade-off theory
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : In this thesis, we aim to increase the explanatory power of the trade-off theory by incorporating an element of the market-timing hypothesis. We apply an adjusted version of a generally accepted framework for testing the trade-off theory, with the inclusion of a variable designed to capture the equity market environment. READ MORE
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13. What Are the Effects of Security Selection and Market Timing on Mutual Fund Performance? A Study of Portfolio Returns and Manager Activity in Sweden
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : We study the activity of Swedish equity mutual funds by splitting fund manager activity into two different components: market timing and security selection. This is done through a decomposition of the Tracking Error, a method that requires data of the portfolio and index returns exclusively. No portfolio holdings data is needed. READ MORE
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14. The Cost of Being Dumb - an empirical study of Swedish investors' market timing abilities
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : In this paper we examine if Swedish investors mistime their fund investments. We study 236 Swedish equity funds in 2004 through 2014. Using cash flows and returns, we examine the size and cost of the performance gap to see if investors are mistiming investments systematically. READ MORE
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15. Can Venture Capitalists in Biotechnology Time the Market?
University essay from Göteborgs universitet/Graduate SchoolAbstract : This paper investigates the ability of venture capitalists to time market conditions when deciding between public and private financings as well as issuance of follow-on offerings, focusing on a segment of the U.S. biotechnology industry. This has been assessed by studying the timing of public vs. READ MORE
