Full text - Высшая школа экономики
... possibility for to hedge their price risk and hence help producers improve performance of their businesses. Speculators themselves, however, have no effect on fundamental conditions and commodity price. This point of view was predominant before the commodity price boom of 2000s. Many economists attr ...
... possibility for to hedge their price risk and hence help producers improve performance of their businesses. Speculators themselves, however, have no effect on fundamental conditions and commodity price. This point of view was predominant before the commodity price boom of 2000s. Many economists attr ...
Quarterly Portfolio Report The Science of Capital Markets. The Art of
... These arguments are often elaborate, short-term excuses that we use to justify behavior that runs counter to our own long-term interests. Here are ten of these excuses: 1) "I JUST WANT TO WAIT TILL THINGS BECOME CLEARER.” It's understandable to feel unnerved by volatile markets. But waiting for vola ...
... These arguments are often elaborate, short-term excuses that we use to justify behavior that runs counter to our own long-term interests. Here are ten of these excuses: 1) "I JUST WANT TO WAIT TILL THINGS BECOME CLEARER.” It's understandable to feel unnerved by volatile markets. But waiting for vola ...
Chap009
... What determines g and R in the DGM? Decompose a stock’s price into constant growth and NPVGO values. Discuss the importance of the PE ratio. What are some of the major characteristics of NYSE and Nasdaq? ...
... What determines g and R in the DGM? Decompose a stock’s price into constant growth and NPVGO values. Discuss the importance of the PE ratio. What are some of the major characteristics of NYSE and Nasdaq? ...
Difference of Stock Return Distributions and the Cross
... We investigate the significance of difference of distributions (DD) over time in the cross-sectional pricing of stocks. Our estimate of DD, based upon the Earth Mover’s Distance or the Wasserstein metric, measures the difference of empirical distributions of a firm’s present stock return and those o ...
... We investigate the significance of difference of distributions (DD) over time in the cross-sectional pricing of stocks. Our estimate of DD, based upon the Earth Mover’s Distance or the Wasserstein metric, measures the difference of empirical distributions of a firm’s present stock return and those o ...
Volatility and Risk Management
... even establishing a processing margin protects them against adverse price moves from the level at which they fixed the price or margin. That may achieve important risk management objectives such as the ability to service debt, meet key financial targets or secure financing for expansions. However, f ...
... even establishing a processing margin protects them against adverse price moves from the level at which they fixed the price or margin. That may achieve important risk management objectives such as the ability to service debt, meet key financial targets or secure financing for expansions. However, f ...
- Lotus Live Projects
... When BSE sensex increases to new highs questions arises that weather there is an increase in other world stock market or not, I tried to find out the correlation between BSE sensex with NASDAQ For this purpose I have collected daily 1 year closings from 1 st JAN 2007 to 31st DEC 2007 of BSE and AMER ...
... When BSE sensex increases to new highs questions arises that weather there is an increase in other world stock market or not, I tried to find out the correlation between BSE sensex with NASDAQ For this purpose I have collected daily 1 year closings from 1 st JAN 2007 to 31st DEC 2007 of BSE and AMER ...
Dynamic predictor selection and order splitting in a limit order
... order-book information is revealed to the public in real time and stock investors in reality utilize it to form their strategies, because that information can provide ideas on future market dynamics. Thus, traders’ strategies in agent-based models should reflect information not only on past prices, ...
... order-book information is revealed to the public in real time and stock investors in reality utilize it to form their strategies, because that information can provide ideas on future market dynamics. Thus, traders’ strategies in agent-based models should reflect information not only on past prices, ...
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.