Ch 17 Oligopolies, Concentration Indexes
... Several economic studies and legal decisions of antitrust authorities have found that the median price increase achieved by cartels in the last 200 years is around 25%. Private international cartels (those with participants from two or more nations) had an average price increase of 28%, whereas dome ...
... Several economic studies and legal decisions of antitrust authorities have found that the median price increase achieved by cartels in the last 200 years is around 25%. Private international cartels (those with participants from two or more nations) had an average price increase of 28%, whereas dome ...
On the Cross-Section of Expected Returns of German Stocks: A Re
... return and equilibrium,” JPE 71 (1973): 614-618. This procedure will be discussed in more detail in the methodology section. See R. Roll, “A Possible Explanation of the Small Firm Effect,” JF 36 (1981): 884. However, this bias is more severe when daily returns are used instead of monthly returns as ...
... return and equilibrium,” JPE 71 (1973): 614-618. This procedure will be discussed in more detail in the methodology section. See R. Roll, “A Possible Explanation of the Small Firm Effect,” JF 36 (1981): 884. However, this bias is more severe when daily returns are used instead of monthly returns as ...
Investment Recommendation in P2P Lending: A Portfolio
... models. However, as the financing amount of a product is limited, the global optimal products are difficult to invest successfully. Thus, instead of providing identical recommendations for all investors, a better idea is to generate personalized investment recommendation for each investor. However, th ...
... models. However, as the financing amount of a product is limited, the global optimal products are difficult to invest successfully. Thus, instead of providing identical recommendations for all investors, a better idea is to generate personalized investment recommendation for each investor. However, th ...
Circular 2013/8 Market conduct rules Supervisory rules on
... This Circular sets out details about market conduct prohibited under FMIA (Arts. 142 and 143 FMIA) and Articles 122-128 of the Financial Market Infrastructure (FMIO; SR 958.11). It also specifies the requirement for assurance of proper business conduct in the specific context of market conduct and e ...
... This Circular sets out details about market conduct prohibited under FMIA (Arts. 142 and 143 FMIA) and Articles 122-128 of the Financial Market Infrastructure (FMIO; SR 958.11). It also specifies the requirement for assurance of proper business conduct in the specific context of market conduct and e ...
Slide 1 - OECD.org
... • Balance sheets for Israel have been prepared for 1995, and annually from 2001. • In the first versions the market value of unquoted shares was estimated using simple comparisons with traded shares. • The methods were improved for public sector enterprises in 2005 as presented in this paper, using ...
... • Balance sheets for Israel have been prepared for 1995, and annually from 2001. • In the first versions the market value of unquoted shares was estimated using simple comparisons with traded shares. • The methods were improved for public sector enterprises in 2005 as presented in this paper, using ...
Conditional Correlation Between Oil and Stock Market
... influences emerging stock markets or not. It seems to be that the period taken to evaluation and the relationship between the markets and the importance of the oil production in the economy lead different results. Zarour (2006) shows different results according to the period of the tests. For the pe ...
... influences emerging stock markets or not. It seems to be that the period taken to evaluation and the relationship between the markets and the importance of the oil production in the economy lead different results. Zarour (2006) shows different results according to the period of the tests. For the pe ...
Market sentiment
Market sentiment is the general prevailing attitude of investors as to anticipated price development in a market. This attitude is the accumulation of a variety of fundamental and technical factors, including price history, economic reports, seasonal factors, and national and world events.For example, if investors expect upward price movement in the stock market, the sentiment is said to be bullish. On the contrary, if the market sentiment is bearish, most investors expect downward price movement. Market sentiment is usually considered as a contrarian indicator: what most people expect is a good thing to bet against. Market sentiment is used because it is believed to be a good predictor of market moves, especially when it is more extreme. Very bearish sentiment is usually followed by the market going up more than normal, and vice versa.Mutual fund flows are very useful.Market sentiment is monitored with a variety of technical and statistical methods such as the number of advancing versus declining stocks and new highs versus new lows comparisons. A large share of overall movement of an individual stock has been attributed to market sentiment The stock market's demonstration of the situation is often described as all boats float or sink with the tide, in the popular Wall Street phrase ""the trend is your friend"".Market sentiment, as such, might be acquired from more than one sentiment analytical tool. For example there could be just simple extraction of movement on stock exchange and validly called market sentiment. Another tool is to extract the news and media information based on their polarity. Yet another sub-subject might be community sentiment about the market movements (blogs, forums).In the last decade, investors are also known to measure market sentiment through the use of news analytics, which include sentiment analysis on textual stories about companies and sectors.The Acertus Market Sentiment Indicator (AMSI) is one indicator of market sentiment. AMSI incorporates five variables. In descending order of weight in the indicator they are Price/Earnings Ratio, a measure of stock market valuations; price momentum, a measure of market psychology; Realized Volatility, a measure of recent historical risk; High Yield Bond Returns, a measure of credit risk; and the TED Spread, a measure of systemic financial risk. Each of these factors provides a measure of market sentiment through a unique lens, and together they may offer a more robust indicator of market sentiment.Additional indicators exist to measure the sentiment specifically of retail Forex market investors. Though the Forex market is decentralized (not traded on a central exchange), various retail Forex brokerage firms publish positioning ratios (similar to the Put/Call ratio) and other data regarding their own clients' trading behavior. Since most retail currency traders are unsuccessful, measures of Forex market sentiment are typically used as contrarian indicators.