Essays about: "Future Excess Stock Returns"

Showing result 1 - 5 of 18 essays containing the words Future Excess Stock Returns.

  1. 1. Deciphering Sector Performance in the Finnish Stock Market: A Study on Systematic Risk and Investment Strategies

    University essay from Göteborgs universitet/Graduate School

    Author : Ville Viinikainen; [2023-07-03]
    Keywords : ;

    Abstract : This paper offers an empirical analysis of the Finnish stock market with a focus on sector behaviour, performance, and the effects of systematic risk and economic downturns on sector returns. Despite the fact that Finnish sector classifications were found to differ from the GICS classifications, this research emphasizes the significance of local context in investment decisions. READ MORE

  3. 2. Mimicking Claimed Alpha Generating Strategies

    University essay from Linköpings universitet/Produktionsekonomi

    Author : Patric Torén; [2023]
    Keywords : Momentum Strategy Mark Minervini Volume Excess return Nordic Market;

    Abstract : This research paper focuses on the implementation and evaluation of Minervini's momentum analysis techniques in an algorithmic approach. The study aimed to assess the limitations and challenges associated with executing Minervini's strategy in an algorithmic trading system. READ MORE

  4. 3. The Value and Growth Investment Strategies on the Swedish Stock Market : Is it financially beneficial to invest in stocks based on the value of their P/E and P/B multiples?

    University essay from Linköpings universitet/Produktionsekonomi

    Author : Beatrice Forsberg; Johan Sundqvist; [2022]
    Keywords : investment strategies; value investing; growth investing; P E; P B; Swedish stock market; OMXSGI; efficient market hypothesis;

    Abstract : Background: As the goal of most investors is to generate excess returns as compared tothe broad market, different investment strategies to perform such a feat have been studied thoroughly for decades. One strategy which has performed particularly well is the value investment strategy, where securities that appear cheap relative to some of their fundamental values are invested in. READ MORE

  5. 4. Replicating the retailers' trading imbalance anomaly : A quantitative study about excess return opportunities on Swedish Small Cap listed firms

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Erik Kroon; Tom Karlsson; [2021]
    Keywords : retailers; rrading; imbalances; anomaly; anomalies; replicating; broker statistics; asset pricing models; CAPM; Fama and MacBeth;

    Abstract : Previous research conducted on the US markets has found that retailers' trading imbalances can contribute to excess return opportunities, especially on Small Cap stocks. Therefore, we argue that this can be seen as an anomaly. However, anomalies that are found historically may not tell the whole truth. READ MORE

  6. 5. DOES IT PAY TO BE ESG? : An empirical analysis of sustainability in the Nordic countries from a risk and valuation perspective

    University essay from Umeå universitet/Företagsekonomi

    Author : Corentin Arnou; Marcus Hammarstedt; [2021]
    Keywords : ESG; Cost of equity; Sustainable finance; Price-to-earnings ratio; Price-to-book ratio; Enterprise value to earnings before interest and taxes ratio; Covid-19; Shareholder’s theory; Stakeholder’s theory; Information asymmetry;

    Abstract : In the field of sustainable finance, Environmental-, Social- and Governance-ratings (ESG) have become an acknowledged measurement of a firm's sustainability performance. The increased awareness of sustainability issues in today's society is undeniable. READ MORE