Essays about: "Stock-Picking"

Showing result 1 - 5 of 17 essays containing the word Stock-Picking.

1. 1. The ROIC Over WACC Measurement

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

   Author : Adam Sten; Ragnar Turesson; [2021]
   Keywords : ROIC; WACC; Portfolios; Efficient Market Hypothesis; stock returns;

   Abstract : McKinsey and Koller et al. (2020) argue that value creation in a company stems from earning a Return on Invested Capital (ROIC) above the Weighted Average Cost of Capital (WACC). This study investigates whether a high ROIC minus WACC measurement is associated with abnormal returns on the OMX Stockholm Large Cap. READ MORE

3. 2. Trajectory optimization for an automated stock-picking robot: A review and experimental evaluation

   University essay from KTH/Skolan för elektroteknik och datavetenskap (EECS)

   Author : Iskander Sauma; [2020]
   Keywords : ;

   Abstract : To address the issues related to the physically demanding task of stock-picking that exists in today’s logistics industry, robots have been suggested as a means to reduce the human workload. Extensive efforts have been made by the robotics community to solve problems related to automatic stock picking. READ MORE

4. 3. Pricing Conservatism: An Empirical Study on the Value Relevance of Conservative Reserves in Swedish Firms

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

   Author : Jakob Lembke; Viktor Lundberg; [2020]
   Keywords : Abnormal return; Conservative Accounting; Conservative Reserves; Conservative Reserve Ratio; Market Efficiency;

   Abstract : The purpose of this study is to evaluate the financial market's efficiency in respect to conservative accounting. Particularly the study focuses on conservative accounting's influence on the reported return on owners' equity, including the influence of build-ups and realizations of conservative reserves. READ MORE

5. 4. The Relationship between Herding and Skill – A Study of the Swedish Mutual Fund Industry

   University essay from Göteborgs universitet/Graduate School

   Author : Birger Johansson Hansson; Yasmin Montvik; [2019-07-02]
   Keywords : ;

   Abstract : The aim of the present thesis is to examine the presence of herding behavior among Swedish fund managers. It is further investigated whether herding is a sign of sophistication, or strictly a behavioral phenomenon. Strong evidence of small levels of fund herding on the Swedish mutual fund market is found. READ MORE

6. 5. Backtesting the Magic Formula in the Brazilian Stock Market

   University essay from Göteborgs universitet/Graduate School

   Author : Alexander Gunnar Juliao de Paula; [2016-10-06]
   Keywords : Magic Formula; Value Investing; Joel Greenblatt; E cient Market Hypothesis EMH ; Capital Asset Pricing Model CAPM ;

   Abstract : This thesis performs a backtest of the Magic Formula for the Brazilian stock market in the period between 2006 and 2015. The Magic Formula methodology is a stock picking strategy that combines Return on Capital and Earnings Yield factors in a ranking system aiming to outperform the market average. READ MORE