Algo ที่มุ่งเน้นการท าก าไร (Profit-seeking algo) 7 High frequency trading 2. Profit seeking algorithms • Market making • Quantitative strategy • Statistical arbitrage strategy • Mean reversion strategy
returns by taking on more market risk deliver less risk- adjusted returns on average. This result echoes the stock-level finding by Saengchote (2017) that Thai stocks with high betas tend to have low alphas
funds Insurance Low Middle High 0 1 2 3 4 5 6 7 25 -2 7 28 -3 0 31 -3 3 34 -3 6 37 -3 9 40 -4 2 43 -4 5 46 -4 8 49 -5 1 52 -5 4 55 -5 7 58 -6 0 2.7 3.5 4.1 4.4 4.6 4.7 4.7 4.5 4.3 3.9 3.4 2.8 0 1 2 3 4 5
performance of listed companies in Thailand. ⊷ The listed companies in Thailand are mostly family-owned businesses with high family ownership concentration that can weaken a firm’s corporate governance
complexity. Insufficient audit fees mean inadequate resources, which inevitably leads to long and strenuous work hours at all levels of the audit personnel. This eventually results in high turnover of audit
”, “short-term bond”, “short-term bill”, “institutional investor”, “high net worth investor”, “registration statement”, “parent company”, “subsidiary”, “executive”, “major shareholder”, and “controlling
commercially operated and generated earnings for an extended period of time, showing reliability of the fund’s earnings. An infrastructure fund with the risk level of 8 A fund having the risk level of 8 has high
return to gambling activities after periods of high equity market volatility. The findings have very important implications for regulators who aim to reduce equity market volatility and reduce speculative
between 7 to 63 percent (The mean is at 24.95 percent) The above AQIs is used to indicate the necessity of an in-depth analysis if the turnover rate is high. The high turnover rate results in the scarcity
conditions. Specifically, CSR of firms with high customer awareness, as proxied by advertising expenses, is positively related to firm value. 6 However, the relation is either negative or insignificant for