Taiwan Stock Market

Continued part 1, part 2 of ebook "Advances in quantitative analysis of finance and accounting (New series) - Volume 1" provides readers with contents including: the impact of the introduction of index securities on the underlying stocks - the case of the diamonds and the dow 30; hedging with foreign-listed single stock futures; asset pricing with higher moments - empirical evidence from the taiwan stock market; listing switches from NASDAQ to the NYSE/AMEX - is New York issuance a motive;...

116p mocthanhdao0210 19-11-2023 8 4   Download

Continued part 1, part 2 of ebook "Advances in quantitative analysis of finance and accounting (New series) - Volume 2" provides readers with contents including: intraday trading of island (as reported to the cincinnati stock exchange) and NASDAQ; the impact of the introduction of index securities on the underlying stocks - the case of the diamonds and the dow 30; hedging with foreign-listed single stock futures; asset pricing with higher moments - empirical evidence from the Taiwan stock market; CFA designation, geographical location and analyst performance;...

132p mocthanhdao0210 19-11-2023 6 4   Download

This paper tries to explore the relationship between Taiwan stock market and commodity market and American stock market. There are six variables with total 213 observations for each variable by using monthly data from the periods of October 1997 to June 2015. Model 1 examines commodity market including gold price（LLG, crude oil price（WTI, USD index (USDX）and Taiwan stock market.

17p viuchinaga2711 21-10-2021 14 2   Download

In this paper, first, we use GJR-GARCH (1,1)-t to fit both Taiwan and Chinese stock markets. Second, we deploy conditional t copula to measure correlation between Taiwan and Chinese stock markets. Finally, we follow the procedure of Gombay and Horvath (1996) and Dias and Embrechts (2004, 2009) to test the unknown correlation change between these two markets.

7p viuchinaga2711 21-10-2021 19 0   Download

This paper investigates the market-risk-hedging effectiveness of the Taiwan Futures Exchange (TAIFEX) stock index futures using daily settlement prices for the period from July 21, 1998 to December 31, 2010. The minimum variance hedge ratios (MVHRs) are estimated from the ordinary least squares regression model (OLS), the vector error correction model (VECM), the generalized autoregressive conditional heteroskedasticity model (GARCH), the threshold GARCH model (TGARCH), and the bivariate GARCH model (BGARCH), respectively.

19p nguyenanhtuan_qb 09-07-2020 21 3   Download

Climatic change and epidemic disease could influence the investor sentiment. Under such circumstances, how to invest the stock market in different stock market states (bull, bear or neutral) is an important topic for investors. To capture the investor sentiment more precisely, we use principal component analysis to analyze some investor sentiment indicators, and then form a composite index of investor sentiment.

19p nguyenminhlong19 21-04-2020 26 7   Download

This study empirically examines the correlation among the returns of six select Asian stock market indices of India, China, Japan, Hong Kong, Singapore, and Taiwan. The study is conducted over a longer time period of 2000 – 2012. The correlation results provide useful information for foreign institutional investors, portfolio managers, regulators, and policy makers in designing appropriate strategies to maximize risk adjusted returns.

5p trinhthamhodang2 21-01-2020 24 4   Download

In this study, we explore the influence of market timing on insider trading and buy-and-hold abnormal returns by the sample of Taiwan listed companies at stock exchange market and the firms at over-the-counter (OTC) market from 2001 to 2016. According to Dittmar and Field [7], we use the relative repurchase price (RRP) to measure the strength of market timing abilities when firm repurchases its own stock. We find that the stronger market timing ability is accompanied with the greater insider net buying. Thus, insiders can indeed know the company’s future information when firms repurchase.

20p trinhthamhodang2 19-01-2020 46 3   Download

(bq) part 2 book “advances in quantitetive analysis of finance and accounting” has contents: cfa designation, geographical location and analyst performance; asset pricing with higher moments - empirical evidence from the taiwan stock market,… and other contents.

132p tieu_vu15 07-09-2018 30 2   Download

Although the characteristics of emerging markets are relatively diverse, Thailand can represent the rest of the emerging countries, those in Asia in particular. This is because the Thai stock market exhibits several behaviours which are consistent with the average for emerging markets. For example, while the ten-year annualized growth of emerging markets ranged from -0.03% (Taiwan) to 20.45% (India), the Thai stock market grew by 12.36% per year and this figure is comparable to the growth of the MSCI Emerging Markets index 1 , 11.69% (MSCI, 2010).

33p khanhchilam 29-03-2013 55 6   Download

Exchanges have suggested several complementary rationales for establishing themselves as a source of corporate governance-related regulations. In essence, by raising transparency and discouraging illegal or irregular practices, exchanges are themselves able to accumulate an amount of “reputational capital”.

272p bocapchetnguoi 05-12-2012 56 6   Download

Despite its rapid development, market segmentation has been a distinctive feature of China's stock market. On the SHSE and SZSE, two types of stocks, A shares and B shares, are traded. Denominated in RMB, A shares are available exclusively to domestic investors. From 1991 onwards, Chinese rms have been allowed to issue B shares to foreign investors. These B shares are denominated in US dollars on the SHSE and in HK dollars on the SZSE. Prior to February 2001, their trading was restricted exclusively to overseas investors, including overseas Chinese residing in Hong Kong, Macao and Taiwan....

16p quaivattim 04-12-2012 66 5   Download

To date, most mutual fund performance evaluations have been fairly simplistic: how has a fund performed relative to “the market”? The Standard & Poor’s 500 Stock Index is usually used as a proxy for the market, despite the fact that it accounts for only about 70% of the capitalization of the U.S. stock market and is dominated by corporations with gigantic market capitalizations. (Its largest 25 stocks account, on average, for 1% of the entire market; the 6500 “non-500” stocks in the market have an average weight of 4/1000 of 1%.) But today, many funds resemble...

15p quaivatdo 18-11-2012 64 6   Download