scholarly journals Cross-Sectional Analysis of Stock Returns in Athens Stock Exchange for the Period 2004-2011

2013 ◽  
Author(s):  
Argiro Svingou
Keyword(s):  
Stock Returns ◽  
Stock Exchange ◽  
Cross Sectional ◽  
Cross Sectional Analysis ◽  
Athens Stock Exchange ◽  
Sectional Analysis

Cross-sectional estimation of stock returns in small markets: The case of the Athens Stock Exchange

2003 ◽  
Vol 13 (6) ◽  
pp. 413-426 ◽  
Author(s):  
George Leledakis ◽  
Ian Davidson ◽  
George Karathanassis
Keyword(s):  
Stock Returns ◽  
Stock Exchange ◽  
Cross Sectional ◽  
Athens Stock Exchange

scholarly journals Determinants of the Components of IPO Initial Returns: Paris Stock Exchange

2011 ◽  
Vol 1 (1) ◽  
pp. 190 ◽  
Author(s):  
Mediha Mezhoud ◽  
Adel Boubaker
Keyword(s):  
Stock Market ◽  
Private Information ◽  
Stock Exchange ◽  
Public Information ◽  
Ipo Underpricing ◽  
Cross Sectional ◽  
Going Public ◽  
Cross Sectional Analysis ◽  
Initial Return ◽  
Sectional Analysis

This study examines a sample of 143 French companies placed on the stock market over the period 2006-2010. Our cross-sectional analysis shows that it is essential to separate the initial return into pre-market deliberate underpricing and aftermarket overpricing. Our work contradicts, in part, previous studies in that the initial returns established, during the listing period, can explain not only IPO underpricing, but also overpricing. In other words, the listing price reflects the private information collected during the process of going public and, partially, public information (stock market behaviour) known at the time of the offer.

scholarly journals Analisis Kinerja Keuangan Berdasarkan Metode Economic Value Added (Eva)

2019 ◽  
Vol 4 (2) ◽  
pp. 295-311
Author(s):  
Muhammad Yunus
Keyword(s):  
Stock Exchange ◽  
Descriptive Analysis ◽  
Economic Value ◽  
Value Added ◽  
Secondary Data ◽  
Analysis Approach ◽  
Economic Value Added ◽  
Cross Sectional ◽  
Cross Sectional Analysis ◽  
Sectional Analysis

This research was aimed at analysis the performance of Cements Company which listed at BEI, using conventional methods that Economic Value Added (EVA) approach. This research is quantitative descriptive study using secondary data that the financial statements in the period 2016-2019 of Cement Companies listed on the Stock Exchange, this study uses analysis tools such as descriptive analysis, time series analysis, and cross-sectional analysis approach. The results of this study are cements company performance as measured Economic Value Added (EVA) Approach produces a positive value, with growth in Economic Value Added (EVA) every year for each of the cement companies are fluctuative. In cross sectional analysis approach SMGR achieve that the highest average value of EVA afford obtained by INTP, each by 28 percent, Rp973 and Rp3, 326.919.

scholarly journals EARNINGS RESPONSE COEFFICIENTS IN THE GREEK MARKET

2013 ◽  
Vol 14 (2) ◽  
pp. 414-431 ◽  
Author(s):  
Dimitrios I. Maditinos ◽  
Željko Šević ◽  
Jelena Stankevičienė ◽  
Nikolaos Karakoltsidis
Keyword(s):  
Stock Returns ◽  
Stock Return ◽  
Stock Exchange ◽  
Cross Sectional ◽  
Earnings Response Coefficients ◽  
Earnings Response ◽  
Athens Stock Exchange ◽  
One Year ◽  
The Relationship ◽  
Cumulative Model

The paper explores the relationship between accounting information and stock returns of the companies listed on the Athens Stock Exchange (ASE) in the period 1998–2008. Publicly available financial data on the companies included in the ASE during 1998–2008 have been collected and processed. The data sample consists of 245 companies and varies from 2,166 to 1,441 firm-year observations. The research methodology has been based on the extension of the model introduced by Kothari and Sloan (1992) and investigates whether the level of earnings divided by price at the beginning of the stock return period is associated with returns in the context of ‘prices lead earnings’ using annual and quarterly data. Cross-sectional regression analysis points to a significant relationship between earnings and returns on measurement windows of one year and longer. Similar results have been found in the case of a cumulative model where earnings are aggregated up to four years; however, relationship in the short measurement window up to three quarters has resulted in low earnings response coefficients.

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