Essays about: "stock price market efficiency"

Showing result 1 - 5 of 60 essays containing the words stock price market efficiency.

  1. 1. The granddaddy of underreaction events: Post-earnings announcement drift and information noisiness on the Swedish market

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

    Author : Sofia Berlin; Gustav Sandelin; [2023]
    Keywords : Post-earnings announcement drift; market efficiency; earnings surprises; information noisiness; stock price synchronicity;

    Abstract : This paper aims to answer the question of whether there is an existence of post-earnings announcement drift on the Swedish stock market and to what extent it can be explained by information noisiness. A sample of publicly listed firms on the Swedish stock market from 2002 to 2019 is used and the research design includes four different approaches to estimating earnings surprises which is a crucial step in investigating PEAD. READ MORE

  3. 2. A Quantitative Study- The Capitalization of Energy Efficiency on Housing Prices

    University essay from KTH/Fastighetsföretagande och finansiella system

    Author : Ahmed Jto; Sarah Johanna Lehmann; [2022]
    Keywords : Energy Efficiency; Energy Performance Certificate EPC ; Hedonic Model; Residential; Sweden; Energieffektivitet; Energideklarationen; Fastighetsvärde; Hedonisk modell; Bostadsrätter och hus; Sverige;

    Abstract : Various studies in the EU have examined the effect of Energy Performance Certificates (EPCs) on the real estate market, examining market values, rental values, and yields. However, there is dissent on the effect of EPC. READ MORE

  4. 3. Listed Property Company Valuation

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Marcus Runström; Ludvig Eksandh; [2022]
    Keywords : Listed Swedish property companies; Closed-end fund puzzle; Noise trader model; NAV premium and discount; Property company valuation;

    Abstract : Among stock market participants, the existence and persistence of deviations between a property company's market capitalization and Net Asset Value are well-recognized. This deviation has a clear link to the premiums and discounts to NAV of closed-end funds, which is referred to as the closed-end fund puzzle in financial economics. READ MORE

  5. 4. Bidding on Brown while Asking for Green: An Event Study on the Impact of Carbon Emissions on Stock Returns Following the 2016 U.S. Presidential Election

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Hedda Cederlund; Daphne Detter; [2022]
    Keywords : Event study; Market efficiency; Policy shifts; Climate change; Climate regulatory risk;

    Abstract : The election of Donald J. Trump as the U.S. president in 2016 shifted people's expectations drastically. READ MORE

  6. 5. Does size matter? Analysis of stock price reaction to green bonds announcements

    University essay from

    Author : Yasmine Ben Rouha; Khaled Khouja; [2021-07-13]
    Keywords : Green Bonds; Sustainability; Efficient Market Hypothesis; Signaling Theory; Abnormal Return; Cumulative Abnormal Return; Amount Issued;

    Abstract : The recent large growth in the green bond market has been shown in previous studies to yield abnormal returns as the market value of the stock reacts to the announcement of green bond issuance. This study uses a sample of 90 observations, of which 61 are from the Swedish market and the remaining 29 from the American market. READ MORE