61 uppsatser · sida 2 av 5
har riskerna underskattats?
… on a security is made after first making aquantitative analysis of the stocks volatility and liquidity and thereafter make a qualitativeanalysis of the company. What I think should be of more focus is the portfolios combinationof securities and how diversification changes the …
… forecastability. We also find that traditional proxies of risk premium (volatility risk premium, credit spreads and interest rate term-spread) improve the explanatory power of implied dividend growth, and that they have very high explanatory power themselves.
… volatiliteten och predikterar inte heller på ett korrekt sätt fenomenet volatility smile vilket observeras på marknaden. Syftet med uppsatsen är att utvärdera prestandan hos SABR-modellen och användarvänligheten, samt att undersöka lite av teorin bakom modellen och vissa av dess …
… as with a long-term contract. However less than perfect whichmeans that the volatility (i.e. the risk) will increase.To investigate whether this strategy, in an efficient way, can be applied to increase theexpected return without a significant increase in risk, the outcome of …
En undersökning tillämpad på skandinaviska och tyska företag
… (2) negatively related to non-debt tax shields, (3) negatively related to firm volatility and (4) positively related to the corporate tax rate. Based on the results of two regression models applied on 753 Scandinavian and German firms, we find empirical support for hypothesis 1 …
En undersökning på den svenska aktiemarknaden
… no statistical relationship existed when the market was characterized by high volatility. The third and final period between 2003 and 2012, which was a combination of a stable and a volatile market. The results for this period showed no significant association between beta value …
… that by adding commodity futures to efficient portfolios, the return-to-volatility increases. We have established that gold is a superior investment among the commodity futures, during our sample period and geographical area. We have also concluded that a Norwegian portfolio …
-en makroekonomisk paneldatastudie
… the automatic stabilizer. Based on the theory, the relationship between volatility in GDP and the size of the automatic stabilizers is then analyzed with the help of regressions. Our main result shows a negative relation between these two variables. This effect seems to be …
En studie av de nordiska finansiella marknaderna<em></em>
… show that there are both a negative and positive relationship between volatility and actual return on the investigated markets. Considering this prior statement we can conclude that the Capital Asset Pricing Model can’t correctly describe the actual relationship between the …
… key ratios that include net income are pro-cycle whereSwedbank has the biggest volatility over the period and that the three other banks areless, but clear pro-cycle. There are also indications that stricter rules have madeimpact on the volatility of the profitability even …
… the debt to equity ratio in a company captures capital structure. Studying the volatility in return on assets over a certain time period captures business risk. The Master Thesis also includes a study of what factors have an impact on the business risk when looking at the …
I denna uppsats diskuteras sambandet mellan risk, marknadseffektivitet och volatilitet. En studie görs för att se om volatiliteten (kursrörligheten) har ökat i enskilda aktier under tidsperioden 1988-1999. Vidare behandlas vilka faktorer som kan ge upphov till …
en empirisk analys
… rate is positively related to spreads with shorter maturities. Interest rate volatility, stock-market movements and exchange rate movements appear to have no impact on Swedish swap spreads.
… beta. The contradictory results may very well be explained by the high volatility in the market place during the time period studied, resulting in measurement errors and less reliable results.
- en empirisk studie av fem svenska företagsförvärv
… acquired company with a strong brand. Important findings are that a decreased volatility of future earnings can lead to more accurate prognoses and valuations due to the existence of a strong brand. A strong brand can, on the other hand, also make the valuation of the target …
