Andere Kunden interessierten sich auch für
![Liberalizing Europe¿s Skies ¿ A Failure? An Analysis of Airline Entry and Exit in the Post-liberalized German Airline Market, 1993-2006]( "Liberalizing Europe¿s Skies ¿ A Failure? An Analysis of Airline Entry and Exit in the Post-liberalized German Airline Market, 1993-2006")
Liberalizing Europe¿s Skies ¿ A Failure? An Analysis of Airline Entry and Exit in the Post-liberalized German Airline Market, 1993-200654,99 €![Entering successfull the Indian market: Recommendations and challenges for German small and medium-sized companeies]( "Entering successfull the Indian market: Recommendations and challenges for German small and medium-sized companeies")
Entering successfull the Indian market: Recommendations and challenges for German small and medium-sized companeies44,99 €![Long Memory in the Volatility of Indian Financial Market: An Empirical Analysis Based on Indian Data]( "Long Memory in the Volatility of Indian Financial Market: An Empirical Analysis Based on Indian Data")
Long Memory in the Volatility of Indian Financial Market: An Empirical Analysis Based on Indian Data44,99 €![Beat Chinese Stock Market With Statistics]( "Beat Chinese Stock Market With Statistics")
Beat Chinese Stock Market With Statistics32,99 €![The Sephora Story]( "The Sephora Story")
The Sephora Story18,99 €![The Capital One Story]( "The Capital One Story")
The Capital One Story17,99 €![The Anxious Investor]( "The Anxious Investor")
The Anxious Investor20,99 €
Based on a 'free of survivorship-bias' sample of German stocks listed at the Frankfurt stock exchange, the study investigates the ability of hedge portfolio formation structures, built of three value premium proxies (P/B, P/E, and DY), the size factor, and the technical momentum factor, to generate excess returns in the period 1992 to 2011.
First, the author characterizes and defines the significant terms that are in connection with value and growth investing. He continues with the discussion of asset pricing with the CAPM, the Fama and French three-factor model, and the Carhart extension, and then describes the expected stock returns that are of capital importance. Moreover, the author deals with related studies for the German stock market. He gives a detailed description of the empirical analysis before he draws his conclusions.
The author's purpose is to answer the following core questions: Is there a value premium in the German market between 1992 and 2011? Is there a reversed size premium like recent empirical findings suggest? Do high momentum stocks perform better than low momentum stocks? Is there a significant seasonal pattern in hedge portfolio returns? The combination of which factors best explains expected stock returns?
First, the author characterizes and defines the significant terms that are in connection with value and growth investing. He continues with the discussion of asset pricing with the CAPM, the Fama and French three-factor model, and the Carhart extension, and then describes the expected stock returns that are of capital importance. Moreover, the author deals with related studies for the German stock market. He gives a detailed description of the empirical analysis before he draws his conclusions.
The author's purpose is to answer the following core questions: Is there a value premium in the German market between 1992 and 2011? Is there a reversed size premium like recent empirical findings suggest? Do high momentum stocks perform better than low momentum stocks? Is there a significant seasonal pattern in hedge portfolio returns? The combination of which factors best explains expected stock returns?