Essays about: "average stock return"

Showing result 21 - 25 of 138 essays containing the words average stock return.

  1. 21. Abnormal returns for IPOs on the Swedish stock exchange

    University essay from

    Author : Björn Landelius; David Molin; [2021-06-28]
    Keywords : IPO; Underpricing; Event Study; Multivariate Regression; Efficient Market Hypothesis; Winner s Curse;

    Abstract : We examine the occurrence of underpricing and short-term performance of a sample of 216 Swedish IPOs between 2017-2021. The theories used are the Efficient Market Hypothesis, Underpricing, Information asymmetry which contains both the Principal Agent Theory and the Signaling Theory, and beyond that, the Winner’s curse. READ MORE

  3. 22. 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

  4. 23. Does Sponsor Holding Period Affect post-IPO Performance? Evidence from Nordic Private Equity Backed IPOs

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Molly Kjessler; Christine Jansson; [2021]
    Keywords : Private Equity; Holding Period; Financial Sponsor; Nordic IPOs; Post-IPO Performance;

    Abstract : This study examines the impact of private equity sponsors' holding period on aftermarket performance of Nordic Initial Public Offerings ("IPOs"). A manually obtained sample of 121 sponsor backed IPOs executed on the main Nordic stock exchanges between 2000 and 2016 is used to analyze one- and three year buy-and-hold excess returns depending on pre-IPO sponsor holding period. READ MORE

  5. 24. Singular Value Decomposition as a Method for Analyses and Forecasts of Financial Data

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Axel Gustavsson; [2021]
    Keywords : Singular value decomposition; Technical analysis; Trading strategy; Finance; Business and Economics;

    Abstract : This paper examines the sufficiency of a trading method based on singular value decomposition (SVD) of past stock prices. The SVD method is frequently used as a tool to reduce data noise, compress big-data, and analyse data components. Hence, the method is well suited to form a ground for a predictive tool of price developments. READ MORE

  6. 25. Momentum and Trend in Sweden: Enhancing profits and limiting downside risk by using indicators from different time horizons

    University essay from Göteborgs universitet/Graduate School

    Author : Alan Dari Lindahl; Jan Wiki; [2020-07-07]
    Keywords : momentum; momentum crash; echo; trend; moving averages; cross-section; downside risks; predictability; factor models; turnover; transaction costs;

    Abstract : Although being one of the most robust anomalies ever discovered, the momentum factor occasionally suffer big losses during market recessions periods. We apply and compare different factor models, and find that when sorting the momentum factor on prior 2-6 months it earns a higher average monthly return compared to the common sorting on prior 2-12 months. READ MORE