Книга Weak Form Efficiency Tests Björn Schubert

Weak Form Efficiency Tests

Автор: Björn Schubert
Език: Английски език
Корици: С меки корици
Издател: Grin Publishing
Наличност: Външен склад
Изпращаме след 5-8 дни
17.58 34.38 лв
Seminar paper from the year 2009 in the subject Business economics - Investment and Finance, printed...

Информация за книгата

Автор
Език
Английски език
Корици
Книга - С меки корици
Издадена
2009
страници
36
EAN
9783640378562
ISBN
3640378563
Enbook ID
01622923
Издател
Теглоt
59
Размери
148 x 210 x 2

Пълно описание

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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