184 uppsatser · sida 3 av 13
This thesis studies the relationship between risk and the first day returns of Initial Public Offerings (IPO) by assessing the risk of each issuing company with a risk model that combine financial key ratios of importance. The study is based on 92 IPO’s that were made on the …
En studie om PPM-fondernas historiska avkastning
… then the result will provide a greater understanding of how returns change with ahigher risk. Methodology: The study is based on a quantitative approach. The survey was conducted bygathering raw data from databases and secondary data from literature, printed and …
Ett ex ante test för de svenska, amerikanska samt japansk aktiemarknaderna
… Modell (CAPM) or Fama and French three-factormodel fails to explain stock returns or that the market is not fully efficient.One investor that has claimed that the stock market is not fully efficient andthat it is possible to generate abnormal return is Benjamin Graham. Graham …
En studie om premiepensionsvalet
… been chosen. These portfolios are compared with the AP7 Premium Savings Fund’s returns. The thesis is deductive because it is using existing financial theories to do empirical examinations. Conclusion: Generally, higher risk is equal to higher returns. This thesis shows that an …
Hur påverkar det företagets lönsamhet?
… to their profitability in terms of profit margins, yearly performance, returns on total capital and returns on equity. Method: the study uses a quantitative approach. The statistical methods that are used to answer the research question are linear and logistic regression …
En utvärdering av en portföljvalsstrategi på Stockholmsbörsen mellan 2004 och 2012
… based on their yearly P/E ratios (low to high), upon which the monthly returns of the individual stocks were calculated using a logarithmic formula. The returns were also risk adjusted using the Capital Asset Pricing Model (CAPM), followed by a regression analysis to see if …
En undersökning på den svenska aktiemarknaden
… Beta value, from the Greek ?. An investor who takes big risks expect higher returns. One of the CAPM’s basic assumptions is that disruption in the market is not taken into account. This assumption may lead to results that do not correspond to reality. Objective: This study …
… where the purpose of this study is to investigate whether corporate short-term returns can be explained by the independent variables related to corporate governance and compensation practices. This is to investigate whether there is an intentional action on raising the …
En studie om förhållandet mellan VD, styrelsen, ersättning och avkastning
… where the purpose of this study is to investigate whether corporate short-term returns can be explained by the independent variables related to corporate governance and compensation practices. This is to investigate whether there is an intentional action on raising the …
- Kan svenska investerare få högre riskjusterad avkastning genom aktiv förvaltning?
… active and passively managed funds. Fund managers, who seek to generate higher returns than the market, manage active managed funds. Unlike the active managed funds, passively managed funds do not require any active investment decisions. Fama’s (1970) efficient market theory …
Ett lönsamt investeringsalternativ?
… of this study is to explore if Swedish mutual funds have generated higher returns than market portfolio in the late nineties. Research method: Returns of the mutual funds have been examined by four different measures. These are return on investment, the Sharpe ratio, the Treynor …
… or the companies that didn’t change there amount of employees was the returns of the companies own capital. It was also the returns of the companies own capital there the main difference existed between the big and the small companies. The profit margin and the solvency didn’t …
… or the companies that didn’t change there amount of employees was the returns of the companies own capital. It was also the returns of the companies own capital there the main difference existed between the big and the small companies. The profit margin and the solvency didn’t …
… regarding issuance of special dividends or redemptions. The abnormal returns were estimated for two samples with the market adjusted returns model, one including special dividend announcing firms and the other redemption announcing firms. The signalling hypothesis and the …
… Our results are consistent with previous studies, which imply positive initial returns for IPOs and negative announcement returns for SEOs. Factors determining the price effect in IPOs were found to be the logarithm of sales and the dummies for the IT sector, H&Q and SEB. For …
