Download or read book The Key to the Spanish Stock Market written by Enrique Marfa and published by . This book was released on 198? with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Contrarian Strategy in the Spanish Stock Market written by Carlos Forner and published by . This book was released on 2001 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most important topics in financial literature is the market efficiency hypothesis. In the last couple of decades, most studies have questioned this hypothesis and several authors have shown that the contrarian strategy, or the forming of a zero-investment portfolio that buys the stocks that have performed poorly in the past (losers) and sells those that have performed well (winners), creates abnormally positive returns in the future. Many hypotheses have been suggested in an attempt to explain such strange behaviour by the market, but the most widely discussed is the so-called over-reaction effect. In this paper we analyse the contrarian strategy in the empirical context of the Spanish stock market, using three-year periods, not only to form the portfolios of winners and losers, but also to analyse the future performance of the stocks involved. We employ an arithmetical method to evaluate the returns and the buy-and-hold procedures. We follow the methods proposed by De Bondt and Thaler (1985), Chan (1988), Conrad and Kaul (1993) and Ball and Kothari (1989). By using these procedures, we are able to take the risk and the problems linked with the measurement errors into account. We arrive at the conclusion that, with the use of three-year periods, the contrarian strategy does not beat the market and, therefore, no over-reaction effect is observed in the Spanish stock market. These results, however, do not agree with previous evidence published on this market.
Download or read book The Spanish Stock Market written by AB Asesores and published by . This book was released on 1987 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Introduction to the Spanish Stock Market written by and published by . This book was released on 1973* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Spanish Stock Market in the Long Run written by Carmen Ansotegui and published by . This book was released on 1997 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Spanish Stock Market in the Long Run written by Carmen Ansotegui and published by . This book was released on 1997 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Stock Market Investment written by and published by . This book was released on 2001 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Risk and Return in the Spanish Stock Market written by Enrique Sentana and published by . This book was released on 1995 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Spanish Economy and Stock Market written by Asesoramiento y Gestión Económica, S.A. and published by . This book was released on 1972 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Prospects for the Spanish Stock Market in 1992 and Investment Strategy written by AB Asesores and published by . This book was released on 1990 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Risk and Return in the Spanish Stock Market written by Enrique Sentana Iváñez and published by . This book was released on 1997 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Spanish economy and stock market written by and published by . This book was released on 1972 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book No Evidence of Chaos in the Spanish Stock Market written by Ignacio Olmeda and published by . This book was released on 1995 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Spanish Financial System written by José Luis Malo de Molina and published by Springer. This book was released on 2011-11-28 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book analyses the Spanish financial system from the turn of the last century to the present day and the economic, social and political backdrop to this history. The result is a consummate survey of historical developments leading right up to today's key issues and challenges, and to what the future may hold.
Download or read book Dynamics of the Spanish Stock Market Through a Broadband View of the Ibex 35 Index written by J. Spronk and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: We present an analysis of the performance of the Spanish Stock Market over the last six years, examining the most widely used index, i.e. the IBEX 35. Our analysis is broader than conventional benchmark approaches because we study the properties of all feasible portfolios, i.e. portfolios composed given the same investment opportunity set and also given the same constraints as implied by the definition of the IBEX 35 index. We estimate the distribution of performance values of all feasible portfolios according to different performance measures and evaluate the position of the IBEX 35 with respect to this feasible set.
Download or read book Testing Memory Paterns in the Spanish Stock Market written by Natividad Blasco de las Heras and published by . This book was released on 1995 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Stock Market in Spain written by Juan A. Palacios and published by . This book was released on 1975 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
