Essays about: "Price pressure hypothesis"

Showing result 1 - 5 of 13 essays containing the words Price pressure hypothesis.

  1. 1. Stock price reactions to analysts’ recommendations. Do analysts make a valuable contribution to price discovery?

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Andri Jónsson; Oskar Nilsson; [2021]
    Keywords : Stock recommendations; Efficient market hypothesis; Information hypothesis; Price pressure hypothesis; Cumulative abnormal returns; Business and Economics;

    Abstract : The aim of this thesis was to investigate if stock recommendations published by financial analysts make a valuable contribution to price discovery on the Swedish stock market. This was achieved by examining the abnormal returns for two time windows, the surrounding days of published recommendations and the next two weeks after publication. READ MORE

  2. 2. Center of Attention - A Study of Retail Investor Attention and IPO Performance in Sweden

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Daniel Mattisson; Jacob Molin; [2020]
    Keywords : ipo; underpricing; price-pressure; search data; retail investor attention;

    Abstract : We test an attention-induced price-pressure hypothesis on Swedish data by replicating and extending the methodology of Da, Engelberg and Gao (2011). Using a sample of 233 IPOs on Nasdaq Stockholm and First North from 2004 to 2019, we examine the relationship between retail investor attention, proxied by Google search data, and IPO performance. READ MORE

  3. 3. Market Reactions to Stock Recommendations in Business Media: An Event Study on Publications by Börsplus

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

    Author : Lucas Häggström; [2020]
    Keywords : Efficient Market Hypothesis; Price Pressure Hypothesis; Information Hypothesis; Business Media; Stock Recommendations;

    Abstract : The aim of this thesis was to further the understanding of how business media affects stock markets. That was achieved by studying market reactions to the publication of stock recommendations by Börsplus on the Swedish stock market during the minutes and days following the publication of the recommendations. READ MORE

  4. 4. Equity Mutual Fund Flows and Benchmark Portfolios in Sweden

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Ajla Cavkic; Samuel Makori; [2019]
    Keywords : Mutual fund; Benchmark portfolios; Equity; Business and Economics;

    Abstract : The purpose of our study is to investigate the effect of net flows to mutual funds by isolating the effects of active managed funds and index linked funds on benchmark portfolio returns. We consider factors that cause demand driven price impacts on stocks. READ MORE

  5. 5. Investigating the Price and Volume Effect following Changes on OMX Nordic Indices

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Oskar Bladh; Christopher Carlsson; [2019]
    Keywords : Index Effect; Abnormal Returns; Abnormal Trading Volume; Event Study; Business and Economics;

    Abstract : In the last decade, there has been a substantial shift from actively managed funds to funds with passive investment strategies. This shift was also observed by Shleifer (1986), who identified that passive investment funds began to significantly increase their ownership of the S&P 500 in the period between 1975 and 1983. READ MORE