Essays about: "weak form market efficiency"
Showing result 11 - 15 of 33 essays containing the words weak form market efficiency.
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11. Preference Shares – A lead lag analysis of the Swedish real estate sector
University essay from KTH/NationalekonomiAbstract : Several researchers have over the past decades criticised the efficient market hypothesis as several studies have presented evidence of causality and co-integrating relationships in inancial markets. As preference shares have become increasingly popular, in recent years, as a mean of raising capital in the Swedish real estate sector, this study investigates the causal relationships between common shares and their corresponding preference share of nine listed Swedish real estate companies. READ MORE
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12. Soldiers, pigeons and shooting stars: Evaluating the profitability of candlestick charting on the Stockholm Stock Exchange
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This study provides a systematic evaluation of the profitability of candlestick charting, the oldest known form of technical analysis, on a sample of 72 stocks listed on the Stockholm Stock Exchange over the period 2000-2015. In contrast to recent studies on Chinese, Taiwanese and US data, we find that the majority of candlesticks generate raw returns that are only moderately positive and not statistically significant after accounting for transaction costs of 0. READ MORE
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13. Evaluating the Efficiency of the Swedish Stock Market: a Markovian Approach
University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistikAbstract : This paper evaluates weak form efficiency of the Swedish stock market, by testing whether or not the index OMXSPI follows a random walk. The returns of the index are mapped onto one of two states, and the resulting data set is treated as a higher- order Markov chain for the purpose of analysis. READ MORE
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14. A new dimension to efficient market theory : Studying the relationship between discretionary accrual and stock returns for a better understanding of the EMH.
University essay from Umeå universitet/FöretagsekonomiAbstract : .... READ MORE
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15. Market Value Approximation Using Multiples: An Investigation of American Large-, Mid-, and Small-Cap Stocks
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : The aim of this paper is to provide answers to questions related to valuation accuracy and error determinants by investigating the US market over the last 15 years (2000-2014). The first questions are related to the market efficiency in its weak form, while the rest of the paper is focused on valuation accuracy using the multiples approach and the error determinant variables that can influence the valuation accuracy. READ MORE
