Inside Into Aalto.fi
School of Business publications portal
Aaltodoc publication archive
Aalto University School of Business Master's Theses are now in the Aaltodoc publication archive (Aalto University institutional repository)
School of Business | Department of Finance | Finance | 2014
Thesis number: 13739
Fundamental trading strategies in frontier markets
Author: Jantunen, Anton
Title: Fundamental trading strategies in frontier markets
Year: 2014  Language: eng
Department: Department of Finance
Academic subject: Finance
Index terms: rahoitus; financing; sijoitukset; investments; strategia; strategy; portfolio; portfolio; tuotto; rate of return
Pages: 80
Full text:
» hse_ethesis_13739.pdf pdf  size:635 KB (649408)
Key terms: Frontier; markets; portfolio; strategy; industry; normalization; fundamental; valuation; alpha; value
Abstract:
This thesis aims to be the first paper to study non normalized and industry normalized fundamental trading strategies in the frontier markets. Specifically, I test whether book-to-market (B/M), earnings-to-price (E/P), dividend-to-price (D/P), and EBITDA-to-enterprise value (E/E) strategies can create constant abnormal returns in the frontier markets.
Electronic publications are subject to copyright. The publications can be read freely and printed for personal use. Use for commercial purposes is forbidden.