Essays about: "contrarian strategy"

Showing result 1 - 5 of 17 essays containing the words contrarian strategy.

  1. 1. Momentum Strategies in Commodity Futures Market: A Quantitative study

    University essay from Umeå universitet/Företagsekonomi

    Author : Jino Badinson; Alfred Gunnarsson; [2023]
    Keywords : Momentum Effect; Contrarian Effect; Investment Strategy; Commodity Futures; Efficient Market Hypothesis; Behavioral Finance Theory;

    Abstract : This study employs a quantitative approach to investigate the momentum phenomenon in the commodity futures market. The study captures the phenomenon using two momentum indicators, namely, MACD and RSI, and extends the scope of indicator utilization to both joint and single usage. READ MORE

  3. 2. Price Shocks and Investor Irrationality

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Fredrika Bruu; Emma Åkerstén; [2020]
    Keywords : Overreactions; Underreactions; Stock Market Reactions; Price Shocks; Contrarian Strategy;

    Abstract : This paper replicates the research conducted by Benou and Richie (2003) on overreactions among investors to news or events causing large price changes to occur in the stock market. While the original study focuses solely on large price decreases among well-established firms listed in the S&P 100 index on the U.S. READ MORE

  4. 3. Momentum During Intraday. Trading Evidence from US NASDAQ

    University essay from Göteborgs universitet/Graduate School

    Author : Kristoffer Frösing; [2017-07-25]
    Keywords : Momentum; Contrarian; Relative strength; Intraday; Trading strategy; Abnormal returns;

    Abstract : Both momentum and contrarian strategies have shown to provide investors with high risk-adjusted returns when applied on daily, weekly and monthly data. This study examines the effect of the underreaction phenomenon on the US NASDAQ stock market between November 2016 and February 2017. READ MORE

  5. 4. Trading on Parsimonious Prediction Models: Simply Genius or Genuinely Too Simplistic? - A 'fundamental analysis'-based test of market efficiency in the U.S.

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

    Author : Tilman Schwarzenberg; Frederik Motzet; [2016]
    Keywords : Market efficiency testing; Market mispricing; ROE prediction; Fundamental analysis; Residual income valuation;

    Abstract : In the mature field of fundamental analysis (FA) and market efficiency tests, the study of Skogsvik & Skogsvik (2010) stands out in that it generates significant abnormal returns using a parsimonious ROE-based investment strategy in the Swedish market. To test the robustness of their results across countries and time periods, the aim of this thesis is twofold: First, it is investigated whether a simple FA-based trading strategy can generate similar excess returns on a large U. READ MORE

  6. 5. Exploiting Market Reactions to Dividend Cuts : Contrarian Trading Strategies in a Short Investment Horizon - Evidence from the Swedish Stock Market

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Jacob Magnusson Magnusson; N. E. Ludvig Karlsson; [2016]
    Keywords : Contrarian Trading Strategies; Dividend Announcements; Abnormal Returns; Event Study;

    Abstract : This paper investigates the impact of dividend reduction announcements on the returns to stocks listed on the Stockholm Stock Exchange. We perform an event study on dividend cutting firms between 2002-2016 to determine if contrarian trading on the basis of negative dividend announcement yields abnormal returns. READ MORE