Browsing Kandidatuppsatser i finansiell ekonomi by Title
Now showing items 108-127 of 160
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Navigating the IPO Landscape - The Influence of Stock Exchange Regulations on IPO Underpricing in Sweden
(2023-07-06)The study explores the phenomenon of IPO underpricing in the Swedish market, specifically the impact of stock exchange regulations on the first-day abnormal return of IPOs. The paper analyzes data from 2018 to 2022 and ... -
Optimal Portfolio Allocation of Commodities for the Swedish Investor
(2021-08-17)Commodities have historically been seen as great diversifiers to stocks and bonds. Following the financialization in late 1990s and early 2000s this began to be questioned by previous research due to increasing correlations ... -
Passiv- och aktiv fondförvaltning givet börsklimatet på marknaden
(2022-07-12)Bakgrund: Fonder utgörs av en samling underliggande värdepapper och har som syfte att generera avkastning till de som väljer att investera i fonden. Generellt administreras fondinriktningen aktiefonder antingen genom aktiv- ... -
Performance Evaluation of European Green Mutual Funds - Is There an Economic Trade-Off?
(2017-06-27)In this thesis, we investigate the financial performance of European green and conventional mutual equity funds over the 2007 – 2017 period. We applied the Carhart (1997) four-factor model over three different periods, ... -
Performance of hedge fund strategies in bull and bear markets
(2016-07-06)Hedge funds use a wide variety of investment styles, although many people have the perception that they are a relatively homogenous group with similar strategies to generate returns. Understanding the differences in the ... -
Performance of Socially Responsible Investment Strategies in Funds During Financial Crises
(2017-07-03)This paper investigates the performance of socially responsible investment (SRI) funds in northern and continental Europe. The study compares SRI funds to non-SRI funds in different market states by analyzing monthly returns ... -
Playing Poker without Looking at the Cards—Does it Even Matter?
(2021-07-06)In 2020, the recent boom of Special Purpose Acquisition Companies (SPACs) resulted in this financial vehicle overtaking traditional IPOs as the leading firm structure for taking companies public. The dormant structure of ... -
Portfolio Optimization: The search for an optimal portfolio with cryptocurrencies and S&P 500
(2022-07-11)This thesis’ aim is to create an optimal portfolio consisting of Bitcoin, Ethereum and S&P 500. We also examine the minimum variance portfolio with the framework of Markowitz's mean variance optimization model. We evaluate ... -
Predicting Asset Prices with Machine Learning
(2020-06-29)This study examines whether machine learning techniques such as neural networks contain predictability when modeling asset prices and if they can improve on asset pricing prediction compared to traditional OLS-regressions. ... -
Principal Component Analysis and the Cross-Sectional Variation of Returns
(2021-06-23)We utilize Principal Component Analysis (PCA), a dimensionality reduction technique, on a set of 142 risk factors, including macroeconomic factors, proposed in financial literature to construct factor models with high ... -
Professionella svenska investerares värderingsmetoder för nordiska noterade medicinteknikbolag
(2021-06-28)The purpose of this thesis is to study Swedish professional investors and their valuation methods for listed nordic medical technology (medtech) companies. Theories such as the Effective Market Hypothesis (EMH), Institutional ... -
R&D Expenditures and Subsequent Market Performance
(2021-06-28)Currently, research on companies' market return following investments in research and development has been performed predominantly in the U.S. The objective of this research is, therefore, to examine the relationship between ... -
R&D’s impact on stock returns in the biotechnology industry in the Nordic countries
(2022-07-01)This is a study on the impact of R&D expenditure, expressed in the form of R&D intensity, on stock returns in the Nordic Biotechnology sector. Firms in this sector are generally R&D intensive and the geographic area of the ... -
The relationship between ESG and stock performance in sensitive and non-sensitive industries during the COVID-19 crisis
(2022-09-02)This thesis examines the relationship between ESG and stock performance in sensitive and non-sensitive industries during the COVID-19 crisis. It is based on a sample consisting of 344 unique Swedish companies during the ... -
Returns to Swedish Acquirers from Public an Private M&As
(2019-07-09)This paper examines Swedish listed acquirers’ cumulative abnormal returns surrounding the announcement of acquisitions between the period 1998–2018 of both public and private targets. We find that acquirers earn an average ... -
Riskjusterad avkastning på företagsobligationer: Kan investerare ta bättre beslut genom att titta på ESG?
(2021-06-28)The increased competition among fund managers to generate attractive returns challenge them to find new tools to improve their financial performance. One of the most efficient methods is to utilize better information in ... -
SEASONED EQUITY OFFERINGS - Avkastningen på den svenska aktiemarknaden 2004-2016
(2019-07-09)One of the most important tasks of any corporation is the acquirement and accumulation of capital, which can fuel future expansions, finance acquisitions and keep a burgeoning corporation from being stopped at an early ... -
Skäller hundarna högt i Sverige? En undersökning av Dogs of the Dow-strategin på den svenska aktiemarknaden
(2017-07-04)The aim of this study is to re-examine the performance of the investment strategy proposed by John Slatter in 1988 called Dogs of the Dow on the Swedish stock market. The investment strategy of picking the 10 stocks with ... -
Skill, Scale and Investor Return in Established and Emerging Markets - An empirical study of equity mutual fund performance between markets with contrasting characteristics
(2022-06-29)In this report we empirically analyze the effects of returns to scale for equity mutual funds in the Nordic and Asian regions. We also investigate whether or not funds generate alpha (i.e., have skill). This is achieved ... -
Skillnader i riskaversion utifrån kön och olika storlek på sparkapital
(2021-06-30)The purpose of this thesis is to investigate whether females are more risk averse than men on the Swedish stock market and to determine if the level of risk aversion decreases or increases for individuals with a large ...