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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
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.
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