announcing direct investment in cryptocurrency become more interconnected with bitcoin. Event-study: Abnormal Returns (AR) Market model • 𝐴𝑅𝑖,𝑡 = 𝑅𝑖,𝑡 − 𝛼 − 𝛽𝑖 (𝑅𝑚,𝑡) Cumulative abnormal
, complexity, nature of the business environment, specific circumstances , and industry sector. H1: Number of KAMs is positively associated with cumulative abnormal returns/trading volumes (that is the greater
Bangkok, July 10, 2015 ? The SEC and the Stock Exchange of Thailand (SET) agreed to provide the information concerning abnormal securities trading in one place. Accordingly, the SEC?s last Turnover
– Higher price-earnings multiples (Barth et al., 1999) – Positive abnormal returns (Bartov et al., 2002) – Lower cost of debt (Jiang, 2008) • One can simply ask a following question: what really drives this
feasible to develop a rule-based portfolio investment strategy that captures risk-adjusted returns and generates alpha? Can an investment strategy be formulated utilizing ESG scores and intangible capital
affected by the closures and abnormal operating hours of shopping stores due to the pandemic of COVID-19. The steep decline in the number of Chinese tourists also weighed in the plunge of skincare sales. The
equity market investors are largely rational and employ standard valuation methods over realistic time periods during normal and abnormal market conditions. What causes markets to temporarily dislocate
historical string of earnings increases is defined as a firm that reports at least twenty consecutive quarters of increases in seasonally adjusted earnings per share (EPS). An EPS increase is defined compared
pricing model: there is no evidence that mutual fund managers of any horizon can systematically deliver abnormal returns on a risk-adjusted basis.13 14 Similar to the stock-level analysis, the asset pricing
expense over earned premium moreover increased from 58.1 % in the same period last year to 63.5% this year because the term and condition of compulsory motor policies had been adjusted in accordance with