Stock Price Synchronicity in a highly informed market
(2019) NEKN02 20191Department of Economics
- Abstract
- I investigate how the intensity of the oil industry affects the synchronicity of large capitalized oil and gas companies in the western world. I find that despite of the high level of information available to investors of large capitalized oil and gas companies stocks of oil and gas companies move synchronous with the market when it falls, but not synchronous when it rises. I suggest also that past returns on a local stock market index can predict future short term synchronicity.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8979861
- author
- Lowzow, Christpher Lauritz LU
- supervisor
- organization
- course
- NEKN02 20191
- year
- 2019
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Synchronicity Information Barriers Stock Price
- language
- English
- id
- 8979861
- date added to LUP
- 2019-08-08 10:29:14
- date last changed
- 2019-08-08 10:29:14
@misc{8979861, abstract = {{I investigate how the intensity of the oil industry affects the synchronicity of large capitalized oil and gas companies in the western world. I find that despite of the high level of information available to investors of large capitalized oil and gas companies stocks of oil and gas companies move synchronous with the market when it falls, but not synchronous when it rises. I suggest also that past returns on a local stock market index can predict future short term synchronicity.}}, author = {{Lowzow, Christpher Lauritz}}, language = {{eng}}, note = {{Student Paper}}, title = {{Stock Price Synchronicity in a highly informed market}}, year = {{2019}}, }