Performance of the Common Stocks Under Alternative Investment Strategies (Record no. 29009)
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000 -LEADER | |
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fixed length control field | 02041pab a2200205 454500 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 140923b0 xxu||||| |||| 00| 0 eng d |
040 ## - CATALOGING SOURCE | |
Transcribing agency | Welingkar Institute of Management Development & Research, Mumbai |
Original cataloging agency | Welingkar Institute of Management Development & Research, Mumbai |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | ENG |
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER | |
Classification number | |
Item number | Cho |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Choudhary Kapil |
245 ## - TITLE STATEMENT | |
Title | Performance of the Common Stocks Under Alternative Investment Strategies |
250 ## - EDITION STATEMENT | |
Edition statement | 8 |
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
Place of publication, distribution, etc. | |
Name of publisher, distributor, etc. | Aug 2007 |
Date of publication, distribution, etc. | 0 |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 20-32 Pp. |
490 ## - SERIES STATEMENT | |
Volume/sequential designation | 13 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | While the efficient market hypothesis denies the possibility of earning abnormal returns, the fundamental analysts assert that investment strategies based on the accounting numbers may be indicators of future investment performance. Earlier studies indicate that alternatively investment strategies were able to generate excess abnormal return. The present study examines the relationship between investment performance of equity securities and alternative investment strategies based on their market capitalization, P/E ratio and earning per share. During the period from January 1997 to December 2005, the low market capitalization, P/E ratio, and earning per share portfolios on average earned higher absolute rate of return than the high market capitalization, P/E ratio, and earning per share portfolios respectively. In terms of Sharpe's reward to variability ratio, Treynor's reward to volatility ratio and Jensen's differential return performance measures low market capitalization, P/E ratio and earning per share investment strategies beat the high market capitalization, P/E ratio and earning per share investment strategies respectively. Among the three investment strategies the low market capitalization investment strategy was found superior to both low P/E ratio and low earning per share investment strategies in terms of absolute and risk adjusted rate of return. |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Investment Strategies, |
856 ## - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="http://192.168.6.13/libsuite/mm_files/Articles/AR9119.pdf">http://192.168.6.13/libsuite/mm_files/Articles/AR9119.pdf</a> |
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) | |
a | 26481 |
Withdrawn status | Lost status | Damaged status | Not for loan | Home library | Current library | Date acquired | Cost, normal purchase price | Total Checkouts | Full call number | Barcode | Date last seen | Cost, replacement price | Price effective from | Koha item type |
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Main Library | Main Library | 19/09/2007 | 0.00 | Cho | AR9119 | 23/09/2014 | 0.00 | 23/09/2014 | Articles |