Essays about: "behavioural finance"

Showing result 36 - 40 of 62 essays containing the words behavioural finance.

  1. 36. Stock Price Reactions to Negative Profit Warnings : An Event Study

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

    Author : Albin Johansson; Nermin Duracak; [2018]
    Keywords : Profit warning; Efficient Market Hypothesis; Behavioural Finance; Event Study;

    Abstract : The aim of this study is to investigate if individuals reacts rational to the announcement of negative profit warnings in the Swedish stock market. This is done by using an event study approach, investigating the corresponding abnormal returns and cumulative abnormal returns before, during, and after the announcement. READ MORE

  3. 37. Momentum in Stock Returns Following Dispersion and Consensus in Analysts' Forecasts

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Amanda Hedlund; Johanna Ingemarson; [2018]
    Keywords : Momentum; Forecast dispersion; Analysts recommendations; Short-selling restraints; Behavioural finance;

    Abstract : Our study shows that it is possible for an investor to employ profitable zero-cost portfolio strategies on the OMX Stockholm Benchmark Index that exploit momentum following analysts' forecasts. The significant alpha of the monthly rebalanced long-short portfolios suggests that the analysts' forecasts momentum should be exploited within a month. READ MORE

  4. 38. Put your head in the sand or lose a grand? : A natural experiment of the ostrich effect and the disposition effect

    University essay from Linköpings universitet/Nationalekonomi

    Author : Josefine Tapper; Cajsa Baars; [2018]
    Keywords : Behavioural economics; behaviour; ostrich effect; disposition effect; savings; natural experiment; Homo Ignorans; financial behaviour; finance; bank; beteendeekonomi; beteende; strutseffekten; dispositionseffekten; sparande; naturligt experiment; Homo Ignorans; finansiellt beteende; finans; bank;

    Abstract : This thesis presents an attempt to find evidence of the ostrich effect and the disposition effect, as well as individual differences in self-assessed financial knowledge and its effect on these biases. The ostrich effect refers to the tendency to deliberately avoid information that might be negative, by "sticking your head in the sand". READ MORE

  5. 39. Active Portfolio Managers: Behaviours and Approaches : A qualitative study of behavioural approaches towards markets in active management of mutual funds in Sweden

    University essay from Södertörns högskola/Företagsekonomi

    Author : David Salame; [2017]
    Keywords : Actively managed mutual funds; efficient markets; behavioural finance; rationality; irrationality; confidence; overreactions; risk; and return.; Aktivt förvaltade fonder; effektiva marknader; beteendefinansiering; rationalitet; irrationalitet; självförtroende; överreaktioner; risker och avkastning.;

    Abstract : The field of behavioural finance remains to be a major criticizer to the efficient market hypothesis, claiming all humans of being rational. Some argues for the lack of behavioural aspects of investors being a main cause to the financial crisis of 2008, due to tendencies of them following same investment paths. READ MORE

  6. 40. The Impact of House Price Changes on Household Savings : A panel data study of the impact of the changes in house prices and interest rates on household savings in Europe

    University essay from Södertörns högskola/Nationalekonomi

    Author : David Salame; Harley Klerck; [2017]
    Keywords : Household Savings; Wealth; Interest Elasticity of Savings; House Price; Behavioural Finance; Real Estate;

    Abstract : Real estate remains to be a major component of wealth for households as the market value of houses continues to rise noticeably again, as before the global recession 2007. Understanding households’ responses to changes of house prices and interest rates is important as fluctuations of these kind affect their preferences of saving. READ MORE