Essays about: "index revision"

Showing result 6 - 6 of 6 essays containing the words index revision.

  1. 6. The Good, the Bad and the Insignificant: A study of the price and volume reactions related to the index revisions on the Euronext markets

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Ivika Jäger; Mirjam Malahhov; [2012]
    Keywords : Index revision; Price and volume effects; Euronext; Price Pressure Hypothesis;

    Abstract : While the Efficient Market Hypothesis infers that the mere inclusion of a company to an index or exclusion from it should have no effect on the company's market valuation, significant effects have been discovered on various markets. Yet, no unified explanation for the index effects prevails even for the studies conducted on the same markets and an increasing amount of competing hypotheses are proposed to explain the phenomenon. READ MORE