Seasonal Anomalies in the Swedish Stock Market from an
(2008) NEKM01 20081Department of Economics
- Abstract
- To satisfy this growing need of financial expertise, media through TV, radio, morning and evening newspapers and trade press is literally flooded with information about the market and strategies on how to invest ones capital, and how to achieve excess returns. Moreover, the increased number of investors, both private and institutional, has led to an abundance of ideas how to outperform the markets. This master thesis examines whether or nor there are signs of an anomaly during the summer months exploitable by investors. This summer-effect is found and the reasons for its existence are discussed. No conclusive answer is presented, but some evidence points towards the connections between lower turn-over and lower returns.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/2064011
- author
- Kroon, Magnus LU
- supervisor
- organization
- course
- NEKM01 20081
- year
- 2008
- type
- L2 - 2nd term paper (old degree order)
- subject
- keywords
- Stock market, efficient market hypothesis, summer-effect, regression analysis.
- language
- English
- id
- 2064011
- date added to LUP
- 2011-08-18 09:41:19
- date last changed
- 2011-08-18 09:41:19
@misc{2064011, abstract = {{To satisfy this growing need of financial expertise, media through TV, radio, morning and evening newspapers and trade press is literally flooded with information about the market and strategies on how to invest ones capital, and how to achieve excess returns. Moreover, the increased number of investors, both private and institutional, has led to an abundance of ideas how to outperform the markets. This master thesis examines whether or nor there are signs of an anomaly during the summer months exploitable by investors. This summer-effect is found and the reasons for its existence are discussed. No conclusive answer is presented, but some evidence points towards the connections between lower turn-over and lower returns.}}, author = {{Kroon, Magnus}}, language = {{eng}}, note = {{Student Paper}}, title = {{Seasonal Anomalies in the Swedish Stock Market from an}}, year = {{2008}}, }