Leder höga utdelningsförändringar till överavkastning? En empirisk studie på Stockholmsbörsens Large Cap-lista
(2014) NEKH01 20141Department of Economics
- Abstract (Swedish)
- The purpose of the thesis is to examine if it is possible to earn excess returns
with a certain strategy at the Stockholm Stock Exchange. More in depth, our strategy observes
whether or not there is a signalling effect of raising the dividends. We used two portfolios,
one that implies that the signalling effect of raising dividends will have a direct positive effect
of the stock the up-coming year, and one that implies that there is an inertia in the signalling
effect which will have an effect the year after the up-coming year. We found quite positive
results and support for our strategy but further studies would be necessary to find some more
conclusive results.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/4499460
- author
- Elliot, Fredrik LU and Perman, Oscar LU
- supervisor
- organization
- course
- NEKH01 20141
- year
- 2014
- type
- M2 - Bachelor Degree
- subject
- keywords
- Treynors Index, Sharpekvot, Jensens Alfa, överavkastning, effektiva marknader, Utdelningsförändring
- language
- Swedish
- id
- 4499460
- date added to LUP
- 2014-06-23 22:12:42
- date last changed
- 2014-06-23 22:12:42
@misc{4499460, abstract = {{The purpose of the thesis is to examine if it is possible to earn excess returns with a certain strategy at the Stockholm Stock Exchange. More in depth, our strategy observes whether or not there is a signalling effect of raising the dividends. We used two portfolios, one that implies that the signalling effect of raising dividends will have a direct positive effect of the stock the up-coming year, and one that implies that there is an inertia in the signalling effect which will have an effect the year after the up-coming year. We found quite positive results and support for our strategy but further studies would be necessary to find some more conclusive results.}}, author = {{Elliot, Fredrik and Perman, Oscar}}, language = {{swe}}, note = {{Student Paper}}, title = {{Leder höga utdelningsförändringar till överavkastning? En empirisk studie på Stockholmsbörsens Large Cap-lista}}, year = {{2014}}, }