Statistical Arbitrage in the U.S. Equities Market Marco Avellaneda∗† and Jeong-Hyun Lee∗ First draft: July 11‚ 2008 This version: June 15‚ 2009 Abstract We study model-driven statistical arbitrage in U.S. equities. The trading signals are generated in two ways: using Principal Component Analysis and using sector ETFs. In both cases‚ we consider the residuals‚ or idiosyncratic components of stock returns‚ and model them as mean-reverting processes. This leads naturally to “contrarian” trading
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Executive Summary The report investigates on how Royal Dutch Shell should reduce the issues of oil spill by utilizing two managerial functions which are leading and controlling. This problem is primarily due to the operational failures‚ such as equipment failure and human error. It is found that Shell has been engaged in solving issue that significantly disadvantageous for Shell. In response to these incidents‚ Shell was forced to solve these issues as soon as possible. This report includes investigation
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CASE STUDY Shell Oil Company and the Brent Spar Shell Oil Company and the Brent Spar 1. The company failed to consider public reaction to their proposal of sinking the Brent Spar in June 1995 in Northern Scotland. They failed to look at how others would react and feel and neglected to take into consideration others’ point of views. They did research impacts and found this would be the best option and assumed everyone would agree and didn’t stop to think about how environmental
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the operation manager of Dutch Bros Dutch Bros is one of the largest drive thru coffee seller in the United States. They provide coffee‚ smoothies‚ and energy drinks as well as teas and freezes. There are over 200 store in 7 different States‚ 17 store of them are located in Arizona State. The interview was with Mr. Brandon the operational manager for Dutch Bros. My questions were generally about Dutch Bros and specifically about the supply chain management aspects in Dutch Bros. 1. When did you start
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Dutch Lady Milk Industries Berhad Dutch Lady Milk Industries Berhad is a subsidiary of Royal FrieslandCampina N.V. www.frieslandcampina.com BLUE VALUES Believe in Growth Look Forward Unite as One Team Excel in Execution contents Notice of Annual General Meeting 1 PDPA Notice 4 Corporate Information 5 5-Year Financial Summary 6 Board of Directors and Directors’ Profile 9 Chairman’s Statement 13 Management Discussion and Analysis 15
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Shell Gabon 11/6/2014 Cost Accounting Case Study 1. The UOC is calculated by dividing the total operating cost‚ excluding exploration‚ depreciation‚ and depletion by the barrels produced. In the case of RDS not all activities can be traced directly to a barrel of oil. There are departments such as Human Resource Management and Business Management that are not directly related to this measure. It makes sense for RDS to use barrels as the primary cost driver due to the large cost of the Production
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Chapter 6 Discussion Questions |6-1. |Explain how rapidly expanding sales can drain the cash resources of a firm. | | | | | |Rapidly expanding sales will require a buildup in assets to support the growth. In particular‚ more and more of the | | |increase in
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Royal Clouds Hosting Review Royal Clouds has quickly become one of the most preferred web hosting companies on the web. Their feature-rich‚ easy and affordable hosting services are a boon for both small and large organizations. Needless to say‚ that the Company is winning hearts all over since its inception. It was introduced with a mission to provide easy and affordable hosting services to the individuals. The Company’s services enable them to bring their ideas to life. Their ever-expanding customer
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Name Professor Course Date due Equity Bank Group Equity bank group is a financial institution based in Kenya‚ East Africa‚ offering a variety of financial services. This company was founded in 1984 as a minor institution‚ specializing in mortgage financing‚ which targeted the low income earners. Based on the fact that Kenya is a developing country characterized by majority of citizens earning less than adequate income‚ the target population acted as strength and thus contributed to the company’s
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Introduction We chose to analyze the company Shell Global (Multinational)‚ which had operations running all over the globe and even now‚ with the financial drawbacks‚ is still growing. Shell Global started business back in 1833 and has gone through a lot of hardships but also many golden periods‚ of which many will be mentioned in this report as some of them concern ethical issues. In 1958 Nigeria became one of the largest oil producers for the Shell Group‚ where Shell has been accused of many human rights
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