Essays about: "Magic Formula"

Showing result 1 - 5 of 18 essays containing the words Magic Formula.

  1. 1. Magic Formula has its magic and Momentum has its moments. : -A study on magic formula and momentum on the Swedish stock market.

    University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO); Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

    Author : Erik Sjöbeck; Joel Verngren; [2019]
    Keywords : Investment strategies; Magic formula; Momentum; Efficient market hypothesis; Swedish stock market; CAPM; Sharpe ratio;

    Abstract : The study examines how the investment strategy Magic Formula (Greenblatt, 2006) has performed on the Swedish stock market. It is also investigated how the performance is affected when the strategy is combined with momentum. READ MORE

  2. 2. Can You Trust Investment Strategies? : An Empirical Study of Five Easily Available Investment Strategies Suitable for All Investors

    University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO); Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

    Author : Johanna Strand; Emilia Karlsson; [2019]
    Keywords : Investment strategies; The Magic Formula; Dogs of the Dow; Graham Screener; Net- Nets; Piotroski’s F_Score; Risk-Adjusted Return; Three-Factor Model.;

    Abstract : This study examines the Swedish Stock Exchange during the time period of 1998-2016. Where the purpose is to investigate and compare five different investment strategies to see if these investment strategies can create excess return on their investments, after adjustment for risk. READ MORE

  3. 3. The Moat of Finance : Does Complexity Reward the Private Investor?

    University essay from KTH/Fastigheter och byggande; KTH/Fastigheter och byggande

    Author : Johan Svanberg; Daniel Max; [2019]
    Keywords : Price to Earning; Price to Book; Dividend Yield; Multi-ratio Strategies; Efficient Market Hypothesis; Modern Portfolio Theory; Excess Returns; Alpha and Stockholm Stock Market.;

    Abstract : This paper evaluates the ability of single and multi-ratio investment strategies, such as P/E, P/B, Magic Formula and Piotroski F-score, to generate excess returns and positive alpha values on the Stockholm Stock Market. Performances of the strategies tested are compared to the Stockholm Stock Market as a whole, also known as the index “OMXSPI”. READ MORE

  4. 4. Combining Value and Quality on the Swedish Equity Market: Does it hold over time?

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Jacob Hesslevik; Victor Wolf; [2019]
    Keywords : Magic Formula; Value Investing; Abnormal Returns; Efficient Market Hypothesis; Portfolio Management;

    Abstract : The ultimate goal of many investors is to achieve alpha. Yet, most of them are unable to do this on average. Strategies achieving anomalous effects relating to e.g. READ MORE

  5. 5. Magic Formula Investing and The Swedish Stock Market

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Oskar Strömberg; Oscar Gustavsson; [2018]
    Keywords : Magic Formula; Efficient Market Hypothesis; Fama and French three-factor model; CAPM; Swedish stock market; Business and Economics;

    Abstract : The purpose of this paper is to contribute to the existing research within the subject of the Magic Formula. The investment strategy will be tested on historical data for companies on the Stockholm stock exchange during the period 2007-04-01 to 2017-03-31. The return will be benchmarked against OMXS30 as an indicator of the market return. READ MORE