Essays about: "stock exchange theory"

Showing result 16 - 20 of 137 essays containing the words stock exchange theory.

  1. 16. Abnormal returns for IPOs on the Swedish stock exchange

    University essay from

    Author : Björn Landelius; David Molin; [2021-06-28]
    Keywords : IPO; Underpricing; Event Study; Multivariate Regression; Efficient Market Hypothesis; Winner s Curse;

    Abstract : We examine the occurrence of underpricing and short-term performance of a sample of 216 Swedish IPOs between 2017-2021. The theories used are the Efficient Market Hypothesis, Underpricing, Information asymmetry which contains both the Principal Agent Theory and the Signaling Theory, and beyond that, the Winner’s curse. READ MORE

  3. 17. The Size and Value effect of The Fama and French Three Factor Model. Do the variables remain meaningful or redundant? Evidence from the Swedish Stock market 2007-2016

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Marcus Einstulen; [2021]
    Keywords : Asset Pricing Model; Capital Asset Pricing Model; Fama and French Three Factor Model; Portfolio Theory; Swedish Stock Market; Regressions; Students t-test; Business and Economics;

    Abstract : This thesis compared the explanatory power on excess return between the Capital Asset Pricing Model and the Fama and French Three Factor Model on the Swedish Market. Fur- thermore, an evaluation of the independent variables included in the Fama and French Three Factor Model was done. READ MORE

  4. 18. The Performance of Stocks Earning Extreme Single-Day Returns: Evidence from Sweden

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Dominik Schleuss; Tavish Gantz; [2021]
    Keywords : MAX Effect; Extreme returns; Cross-section of returns; Lottery-like payoffs; Behavioral Finance;

    Abstract : In 2011, Bali et al. presented evidence that stocks with extreme one and multi day-returns significantly underperform stocks with less extreme returns in the following month. They attributed this to investors exhibiting a preference for stocks with lottery-like payoffs. READ MORE

  5. 19. Comparison of machine learning models for market predictions with different time horizons

    University essay from KTH/Skolan för elektroteknik och datavetenskap (EECS)

    Author : Adam Lindberg; Gustav Gerholm; [2021]
    Keywords : ;

    Abstract : Stock market prediction is, when successful, a means of generating large amount of wealth. It remains an unanswered question if stock prices can be predicted consistently, due to the randomness and seemingly unpredictable nature of stock prices. READ MORE

  6. 20. Is it cash o'clock?

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : John Hagfält; Andreas Luttropp; [2021]
    Keywords : Seasoned Equity Offerings; Abnormal Return; Market Timing; Cash Need Rationale; Financial Distress; Business and Economics;

    Abstract : The purpose of this study is to further investigate how market timing and cash need rationale affects stock performance subsequent to a seasoned equity offering and, by doing so, to expand on previous literature on the subject of seasoned equity offerings and stock performance. In this thesis a quantitative approach taken by estimating buy-and-hold abnormal returns subsequent to a seasoned equity offering by the means of an event study. READ MORE