Kniha Weak Form Efficiency Tests Björn Schubert

Weak Form Efficiency Tests

Jazyk: Angličtina
Vazba: Brožovaná
Vydavatel: Grin Publishing
Dostupnost: Skladem u dodavatele
Odesíláme za 5-8 dnů
377
Seminar paper from the year 2009 in the subject Business economics - Investment and Finance, printed...

Informace o knize

Jazyk
Angličtina
Vazba
Kniha - Brožovaná
Vydáno
2009
Stránek
36
EAN
9783640378562
ISBN
3640378563
Enbook ID
01622923
Vydavatel
Hmotnost
59
Rozměry
148 x 210 x 2

Kompletní popis

Seminar paper from the year 2009 in the subject Business economics - Investment and Finance, printed single-sided, grade: 2,3, University of Edinburgh, language: English, abstract: While using standard tests of weak form market efficiency along with the more recent DELAY test, this report examines if the returns of six selected stocks and two decile indices follow a random walk which would evidence the non-predictability of future stock returns by historical prices which is a necessary condition for the weakest form of market efficiency. The evidence of four different measurement tests suggests that except of one stock all stocks and indices drift away from the weak form market efficiency hypothesis.

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