The Cross-Section of Expected Trading Activity
... variable. The ratio is obtained by dividing book debt by total assets, where book debt is the sum of current liabilities, long-term debt, and preferred stock. We also employ analyst forecast dispersion as a direct measure of heterogeneous beliefs.7 Diether, Malloy, and Scherbina (2002) provide evide ...
... variable. The ratio is obtained by dividing book debt by total assets, where book debt is the sum of current liabilities, long-term debt, and preferred stock. We also employ analyst forecast dispersion as a direct measure of heterogeneous beliefs.7 Diether, Malloy, and Scherbina (2002) provide evide ...
Responsible Asset Management
... security, industry or market sector. Another risk is that the ratio of securities, fixed income, and cash will change over time due to stock and market movements and, if not corrected, will no longer be appropriate for the client’s goals. Mutual Fund and/or ETF Analysis: RAM looks at the experience ...
... security, industry or market sector. Another risk is that the ratio of securities, fixed income, and cash will change over time due to stock and market movements and, if not corrected, will no longer be appropriate for the client’s goals. Mutual Fund and/or ETF Analysis: RAM looks at the experience ...
Asset Pricing When Traders Sell Extreme Winners and Losers
... schedule (selling – buying), which corresponds to investors’ demand. Second, I estimate the relative magnitude of demand perturbation on the gain side versus that on the loss side, so that later we can see if the price effects from the two sides are consistent with this relation. I conduct analysis ...
... schedule (selling – buying), which corresponds to investors’ demand. Second, I estimate the relative magnitude of demand perturbation on the gain side versus that on the loss side, so that later we can see if the price effects from the two sides are consistent with this relation. I conduct analysis ...
Presence and Sources of Momentum and Contrarian Profits
... who use invest based on past information. Informed investors react to new information first. Then technical analysts react to the same information, resulting in stock prices to move farther in the same direction. Thus, if there is any good news about a firm, the stock price may go up in two phases – ...
... who use invest based on past information. Informed investors react to new information first. Then technical analysts react to the same information, resulting in stock prices to move farther in the same direction. Thus, if there is any good news about a firm, the stock price may go up in two phases – ...
Francesca`s Holdings CORP (Form: 8-K, Received
... The Company has an authorized capitalization as set forth in the Pricing Prospectus and all of the issued shares of capital stock of the Company have been duly and validly authorized and issued, are fully paid and non-assessable and conform to the description of the Stock contained in the Pricing Pr ...
... The Company has an authorized capitalization as set forth in the Pricing Prospectus and all of the issued shares of capital stock of the Company have been duly and validly authorized and issued, are fully paid and non-assessable and conform to the description of the Stock contained in the Pricing Pr ...
to Official Notice - The Stock Exchange of Mauritius
... (ii) the listing of up to 425,342,317 ordinary shares of BLL on the Official Market of the Stock Exchange of Mauritius Ltd following the above amalgamation, which will involve the migration of BLL from the DEM to the Official Market and consequently, the withdrawal of BLL from the DEM. 2. Suspension ...
... (ii) the listing of up to 425,342,317 ordinary shares of BLL on the Official Market of the Stock Exchange of Mauritius Ltd following the above amalgamation, which will involve the migration of BLL from the DEM to the Official Market and consequently, the withdrawal of BLL from the DEM. 2. Suspension ...
Economic Value of Stock Return Forecasts: An
... Only a few researchers have worked on the economic values of the predictable stock returns. Breen et al. (1989) found that the negative relationship between nominal interest rate and stock returns can be utilized by a fund manager to shift her portfolio between market index of stocks in the New Yor ...
... Only a few researchers have worked on the economic values of the predictable stock returns. Breen et al. (1989) found that the negative relationship between nominal interest rate and stock returns can be utilized by a fund manager to shift her portfolio between market index of stocks in the New Yor ...
UnitedHealth Group Third Quarter 2015 Form 10-Q
... (Registrant’s telephone number, including area code) ...
... (Registrant’s telephone number, including area code) ...
IQP-Computized trading stock - Worcester Polytechnic Institute
... attempt to take control of their financial futures. But few of them know how to invest scientifically. They don’t know which stocks to buy or sell, when to buy or sell, and when to take profits and when to stop losses. In particular, NASDAQ.com provides a powerful Guru Stock Screener where you can ...
... attempt to take control of their financial futures. But few of them know how to invest scientifically. They don’t know which stocks to buy or sell, when to buy or sell, and when to take profits and when to stop losses. In particular, NASDAQ.com provides a powerful Guru Stock Screener where you can ...
subscription agreement for a Regulation D offering
... 17. Notices. All notices and other communications provided for herein shall be in writing and shall be deemed to have been duly given if delivered personally or sent by registered or certified mail, return receipt requested, postage prepaid to the following addresses (or such other address as eithe ...
... 17. Notices. All notices and other communications provided for herein shall be in writing and shall be deemed to have been duly given if delivered personally or sent by registered or certified mail, return receipt requested, postage prepaid to the following addresses (or such other address as eithe ...
Knowledge in a nutshell - UBS
... an investor who is convinced that one particular wellfinanced company has excellent prospects. They buy stock in it. The problem is this: the company could suffer if the stock markets take a dive. After all, every stock harbors not only non-systematic risks – i. e. risks specific to the security – b ...
... an investor who is convinced that one particular wellfinanced company has excellent prospects. They buy stock in it. The problem is this: the company could suffer if the stock markets take a dive. After all, every stock harbors not only non-systematic risks – i. e. risks specific to the security – b ...
Ch. 7 - UConn Math
... terms of the dollars received. However, the price of the bond fluctuates as interest rates change and the rate at which coupon payments received can be invested also changes as interest rates change. And, of course, the payments are all in nominal dollars, so inflation risk must also be considered. ...
... terms of the dollars received. However, the price of the bond fluctuates as interest rates change and the rate at which coupon payments received can be invested also changes as interest rates change. And, of course, the payments are all in nominal dollars, so inflation risk must also be considered. ...
Collateral-Motivated Financial Innovation
... To understand these issues, first consider a benchmark case without collateral frictions. In this case, if an investor defaults on his promise (e.g., debt or a short position in an Arrow security), his counterparty can seize the collateral the investor has posted for the trade and the defaulting inve ...
... To understand these issues, first consider a benchmark case without collateral frictions. In this case, if an investor defaults on his promise (e.g., debt or a short position in an Arrow security), his counterparty can seize the collateral the investor has posted for the trade and the defaulting inve ...
Putting Stock in Benefits: How Prevalent Is It?
... Defined contribution. A general category of plan that is qualified by the Internal Revenue Service. These plans are characterized by individual accounts, with the contribution typically determined by some formula. The resulting benefit to the employee is based on the contribution and the earnings on ...
... Defined contribution. A general category of plan that is qualified by the Internal Revenue Service. These plans are characterized by individual accounts, with the contribution typically determined by some formula. The resulting benefit to the employee is based on the contribution and the earnings on ...
Statement of Financial Condition
... Cash and cash equivalents are defined as highly liquid investments, with an original maturity of three months or less when purchased. At June 30, 2016, the Company had cash equivalents of $9,656 in demand deposit accounts at cost, which approximates fair value. Financial Instruments Financial instru ...
... Cash and cash equivalents are defined as highly liquid investments, with an original maturity of three months or less when purchased. At June 30, 2016, the Company had cash equivalents of $9,656 in demand deposit accounts at cost, which approximates fair value. Financial Instruments Financial instru ...
Short (finance)
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In finance, short selling (also known as shorting or going short) is the practice of selling securities or other financial instruments that are not currently owned, and subsequently repurchasing them (""covering""). In the event of an interim price decline, the short seller will profit, since the cost of (re)purchase will be less than the proceeds which were received upon the initial (short) sale. Conversely, the short position will be closed out at a loss in the event that the price of a shorted instrument should rise prior to repurchase. The potential loss on a short sale is theoretically unlimited in the event of an unlimited rise in the price of the instrument, however in practice the short seller will be required to post margin or collateral to cover losses, and any inability to do so on a timely basis would cause its broker or counterparty to liquidate the position. In the securities markets, the seller generally must borrow the securities in order to effect delivery in the short sale. In some cases, the short seller must pay a fee to borrow the securities and must additionally reimburse the lender for cash returns the lender would have received had the securities not been loaned out.Short selling is most commonly done with instruments traded in public securities, futures or currency markets, due to the liquidity and real-time price dissemination characteristic of such markets and because the instruments defined within each class are fungible.In practical terms, going short can be considered the opposite of the conventional practice of ""going long"", whereby an investor profits from an increase in the price of the asset. Mathematically, the return from a short position is equivalent to that of owning (being ""long"") a negative amount of the instrument. A short sale may be motivated by a variety of objectives. Speculators may sell short in the hope of realizing a profit on an instrument which appears to be overvalued, just as long investors or speculators hope to profit from a rise in the price of an instrument which appears undervalued. Traders or fund managers may hedge a long position or a portfolio through one or more short positions.