Comments on: “Trading costs on the Stock Exchange of Thailand” Authors: Charoenwong C., Ding D.K., Jenwittayaroje N. Comments on: “Risk-taking behaviour during downturn: evidence of loss-chasing and
(2008), ESMA (2016), Cremers (2017) Holding-based Performance-based Holding-basedActive share Active share Tracking error Pure Indexing Concentrated Stock Picks Diversified Stock Picks Closet Indexing
Wattanatorn and Miss Watsachol Koosamart for comments and suggestions Agenda Introduction The Model : Black and Scholes (1973) Model Wilmott (1994) Model The Analysis of Hedging Error The Data Empirical Result
than one Satang or at least one Satang or greater, but less than 0.5 percent of the correct unit value, the management company shall prepare and submit a report on the error to the fund supervisor within
is less than one Satang or at least one Satang or greater, but less than 0.5 percent of the correct unit value, the management company shall prepare and submit a report on the error to the fund
with an error term in the regression model, which in turn leads to bias in the estimation of regression coefficients (Acock, 2013; Hair, et al., 2012; Loehlin and Beaujean, 2017). To overcome this
) proposed a quantitative measure of spillovers based on the information from Variance Decomposition (VD) of forecast error associated with the N- variables Vector AutoRegressive (VAR) model Cholesky
Direct (Dec 2014), data complied by Research Department of Thai SEC. 24 IOSCO principles related to tracking errors of ETFs. The common ways to detect the ETFs management strategy are tracking error and
than 0.5 percent of the correct unit price, the management company shall prepare and submit a report on the error in the unit price to the fund supervisor within seven business days from the date the
which are uncontrollable, e.g., the price of securities based on the last market price thereof by the Stock Exchange of Thailand or the over-the-counter center is incorrect. If the cause of such error