Essays about: "reversal effect"

Showing result 21 - 25 of 35 essays containing the words reversal effect.

  1. 21. The MAX effect and what drives it - Evidence from the Swedish stock market

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Alexander Helmy; Karl Hellgren; [2015]
    Keywords : MAX effect; ; lottery-type stocks; cross-sectional return predictability; individual investor purchasing behavior;

    Abstract : Inspired by previous findings on the cross-sectional relationship between extreme positive daily stock returns and subsequent negative returns in the US and euro-zone markets, we search for its presence in the Swedish market. We argue that this effect, known as the MAX effect, is mainly driven by individual investors seeking lottery-like payoffs. READ MORE

  3. 22. Fund Flow Risk and Cross-Sectional Asset Prices

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Ludwig Bergenstråhle; Johannes Nordqvist; [2015]
    Keywords : Asset pricing; Mutual fund flows; Price pressure; Institutional trading;

    Abstract : This paper documents that stocks whose historical excess returns have comoved more with mutual fund flows-have a higher fund flow beta (FFB)-earn higher future excess returns than otherwise similar stocks. We propose two hypotheses to explain this finding: First, funds may hedge the variance in their AUM by underweighing stocks with a high FFB, hence reducing the price of those stocks in equilibrium. READ MORE

  4. 23. Inducing Lasting Attitude Change Through Choice - A Choice Blindness Study on Political Views

    University essay from Lunds universitet/Kognitionsvetenskap

    Author : David Sivén; [2015]
    Keywords : confabulation; preference change through choice; preference change; decision making; choice blindness; Social Sciences; Science General;

    Abstract : Studies of decision-making have shown that attitudes can be influenced by choices. One way in which to study these types of attitude changes can be through the choice blindness paradigm. READ MORE

  5. 24. Empirical tests of Fama-French three-factor model and Principle Component Analysis on the Chinese stock market

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Jingjing Guo; Kaiwen Wang; [2014]
    Keywords : Business and Economics;

    Abstract : Date: 2014-06-03 Authors: Kaiwen Wang Jingjing Guo [email protected] [email protected]. READ MORE

  6. 25. Analytical and Numerical Analysis of the Acoustics of Shallow Flow Reversal Chambers

    University essay from KTH/MWL Marcus Wallenberg Laboratoriet

    Author : Alireza Qazizadeh; [2012]
    Keywords : ;

    Abstract : Flow reversal chambers are mainly used to accomplish a compact silencer design needed on a vehicle. Generally in this configuration the inlet and outlet ports are on the same face and the flow direction is reversed. READ MORE