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Full-Text Articles in Business
Mathematical Modeling In Finance, Owen Sweeney
Mathematical Modeling In Finance, Owen Sweeney
Honors Projects
Financial tools play an integral role in the day-to-day lives of individuals and businesses. Many of these tools use predefined formulas to calculate items such as loan payments, interest and capital structure components. These tools do not usually provide the flexibility needed when new parameters are introduced. By utilizing mathematical modeling, these standard formulas can be derived and even improved to provide the needed flexibility.
Investor Behavior In The Midst Of A Global Pandemic, Abigail N. Bates
Investor Behavior In The Midst Of A Global Pandemic, Abigail N. Bates
Honors Projects
Investors partaking in portfolio and asset management through the stock market and other avenues do so with certain reasoning and methods in hand. Each investor may have different interests and risk tolerances that guide their choices for investment. Behavioral finance allows for an in-depth look at an investor’s actions and the influencing psychology behind it. Before this approach was popularized, early studies of finance assumed that investors were always rational in their decision making and put resources only into opportunities that would increase their utility or happiness. The behavioral finance approach takes a more comprehensive look at these behaviors and …
Determinants Of Dow Jones Returns, Cory Sloan
Determinants Of Dow Jones Returns, Cory Sloan
Honors Projects
As of 2010, there was $14 trillion invested in the New York Stock Exchange (NYSE) and $55 trillion invested in stock markets worldwide. In this study, we use the Arbitrage Pricing Theory (APT) to identify the main determinants of the returns of the stocks that compose the Dow Jones for the period 1990-2011. We test several hypotheses on the relationship between firm specific variables such as Dividend Yield, Earnings Yield, Book-Market ratio, previous returns and the stock returns. We also document the relationship between several macroeconomic factors including T-bill rate, Default Spread, Term Spread, Unemployment, Real GDP and Inflation and …