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Showing result 1 - 5 of 27 essays matching the above criteria.

1. 1. The Untapped Potential of Sub-Saharan Africa: A case study of the development of private capital and its impact on the last frontier of growth

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Alexei Moore; Miranda Ekelund Hagborg; [2023]
   Keywords : Private Equity; Venture Capital; Emerging Markets; Sub-Saharan Africa; Impact Investing;

   Abstract : As the market is starting to see an increase in private capital investments in sub-Saharan Africa, questions have been raised as to what has changed from the perspective of investors when it comes to investing in a market that has traditionally been underfunded. Through a case study analysing the risks, challenges, and opportunities of investing in sub-Saharan Africa, we attempt to analyse the reasons for traditional investor hesitancy and better map the risk and reward landscape as it is seen today. READ MORE

3. 2. Revisiting the Idiosyncratic Volatility Puzzle and MAX Effect in European Equity Markets

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : David Böckling; Jurgis Druktenis; [2023]
   Keywords : Idiosyncratic volatility; Fama-French three-factor model; MAX effect; European equity markets; Asset pricing anomalies;

   Abstract : In light of traditional financial theory's argument that firm-specific risk should not impact future returns, the findings of the Idiosyncratic Volatility (IVOL) puzzle, as well as the Maximum Daily Returns (MAX) effect, have sparked a vibrant academic debate. Using data from January, 1993, to December, 2022, this paper presents European aggregate and country-level evidence at the intersection between the two asset pricing anomalies. READ MORE

4. 3. Empirical investigation on the performance of a feed-forward artificial neural network on the Nordic stock markets

   University essay from Göteborgs universitet/Graduate School

   Author : Niklas Fjordstrand; Nikolaos Voutos; [2022-06-29]
   Keywords : ;

   Abstract : In this paper, the authors have made an empirical investigation on the performance of a feed-forward artificial neural network (ANN) on the four main Nordic stock markets, Sweden, Norway, Denmark, and Finland. First, a benchmark OLS regression model is compared against an ANN model to see which model performs best in terms of predictive accuracy and has the least amount of error. READ MORE

5. 4. Pharmaceutical Project Risk Identification : A Qualitative Study of Swedish Companies' Pharmaceutical Project Risk Identification Process

   University essay from Umeå universitet/Företagsekonomi

   Author : Emma Nydén; Wilma Janzon Hägglund; [2022]
   Keywords : Risk identification; Pharmaceutical industry; Covid-19 pandemic; Project management;

   Abstract : The pharmaceutical industry has received increasing attention from society in recent years, mainly due to the development of vaccines to counteract the spread of Covid-19. While other industries have received sympathy for delays, inconveniences, and difficulties the pressure towards the pharmaceutical industry to produce the vaccine against the virus has increased. READ MORE

6. 5. Does the Active Country Momentum Portfolio Beat the Passive Market Portfolio? : an empirical study on exchange-traded funds

   University essay from Örebro universitet/Handelshögskolan vid Örebro Universitet

   Author : Anton Ericsson; Anton Erickson; [2021]
   Keywords : Momentum strategy; Exchange-traded funds; Efficient markets; Inefficient markets; Sharpe ratio; Jensen’s alpha; Morningstar risk-adjusted return;

   Abstract : The thesis examines the strategy of country momentum and is evaluated with 30 different country exchange-traded funds (ETFs) for the period 1996-2018. The empirical evaluation is designed to apply different formation- and holding periods with overlapping portfolios. READ MORE