scholarly journals America and the Swiss Stock Exchange: An Intraday Analysis

2004 ◽  
Author(s):  
Marc-André Mittermayer ◽  
Claudio F. Loderer
Keyword(s):  
Stock Exchange ◽  
Intraday Analysis ◽  
Swiss Stock Exchange

The Intraday Performance of Contrarian Strategies: Evidence from the Taiwan Stock Exchange

2009 ◽  
Vol 12 (04) ◽  
pp. 655-674 ◽  
Author(s):  
Kuei-Yuan Wang ◽  
Su-Chun Peng ◽  
Yen-Sheng Huang
Keyword(s):  
Transaction Costs ◽  
Stock Exchange ◽  
Abnormal Returns ◽  
Trading Costs ◽  
Taiwan Stock Exchange ◽  
Holding Period ◽  
Contrarian Strategies ◽  
Intraday Analysis ◽  
Average Abnormal Return ◽  
Using Data

This paper examines the intraday performance of contrarian strategies using data from 438 listed stocks on the Taiwan Stock Exchange in 2004. The results indicate significantly positive abnormal returns for the contrarian strategies. For the whole trading day, the contrarian strategies earn an average abnormal return of at least 0.18% for all strategies, and above 0.3% in 24 out of the 36 contrarian strategies prior to transaction costs. Moreover, the contrarian profit increases from a formation period of five minutes to 10 minutes, and then declines toward a longer formation period of 60 minutes. This pattern suggests that price reversals occur around 10 minutes into the formation period. The intraday analysis also indicates that the abnormal returns earned by the contrarian strategies are higher in the opening and the closing intervals than in the middle of the trading day. Finally, the results indicate that price reversals occur for both prior losers and prior winners, with prior winners experiencing larger price reversals than prior losers when the holding period becomes longer. However, the above results of profitable abnormal returns are based on gross returns before transaction costs were deducted. When reasonable explicit trading costs are considered, none of the 36 contrarian strategies produce any "free lunches" for investors.

Blockchain adoption will grow amid bitcoin volatility

2018 ◽  
Keyword(s):  
Financial Market ◽  
Hedge Funds ◽  
Stock Exchange ◽  
Equity Markets ◽  
Market Volatility ◽  
Seminal Paper ◽  
Content Type ◽  
The Us ◽  
Market Capitalisation ◽  
Swiss Stock Exchange

Subject Crypto market dynamics. Significance The market capitalisation of cryptocurrencies fell to below 250 billion dollars on April 6 from a record high of 827 billion on January 7. Greater regulation, coupled with more volatile global equity markets and the April 15 US tax filing deadline had prompted substantial cryptocurrency selling. However, the valuation has since recovered to more than 325 billion dollars, supported by the US deadline passing, a seminal paper on April 10 by Blossom Finance declaring bitcoin investment allowable under Sharia law and, most importantly, interest in uses for blockchain continuing to grow. Impacts Many crypto hedge funds have shut, many ICOs have failed and this will continue, but among the blockchain firms there will be big successes. The Swiss stock exchange plans to launch a cryptocurrency version of the Swiss franc; Switzerland will expand as an ICO hub. The rise in financial market volatility since February will intensify and persist as global trade tensions are increasing.

scholarly journals Financial accounts reports

2005 ◽  
Vol 11 (4) ◽  
Author(s):  
Colin Aaronson
Keyword(s):  
Stock Exchange ◽  
Antifungal Drugs ◽  
Biotechnology Company ◽  
Wholly Owned Subsidiary ◽  
Antibacterial And Antifungal ◽  
Swiss Stock Exchange

Basilea Pharmaceutica AG is a Swiss-based biotechnology company whose shares are traded on the Swiss Stock Exchange. It is developing antibacterial and antifungal drugs along with dermatology treatments. The company was founded in October 2000 as a wholly owned subsidiary of F. Hoffmann-La Roche, which subsequently sold over half of the company's shares to other investors but retained approximately 33 per cent of the company at 31st December, 2004. The company's pipeline consists of the following compounds:

scholarly journals Functional analysis of the most significant stock exchange characteristics-a case study of the Swiss stock exchange

2021 ◽  
Vol 9 (2) ◽  
pp. 98-106
Author(s):  
Tamara Vesić ◽  
Marija Đekić ◽  
Stefan Zimonjić
Keyword(s):  
Functional Analysis ◽  
Performance Measurement ◽  
Stock Exchange ◽  
Financial System ◽  
Stock Exchanges ◽  
Financial Assets ◽  
Other World ◽  
Swiss Stock Exchange ◽  
Innovative Approaches

The aim of this paper is to review transactions on the Swiss Stock Exchange and changes in key performance measurement indicators in the period of 2018-2019. Special attention is paid to the characteristics and functioning of the Swiss Stock Exchange and proving whether and to what extent the Swiss Stock Exchange functions in a different way from other world stock exchanges. The results indicate that it is necessary to have stable market movements in order to be able to have an adequately developed stock exchange (which is already known in the case of the Swiss financial system). Furthermore, most of the financial assets on the Swiss Stock Exchange are traded electronically and finally, current speculations about the existence of innovative approaches for the development of a cryptocurrency that will potentially be pegged to the franc (a certain "stable coin") were investigated.

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