Journal of Finance and Accountancy Insider t nsider trading and market efficiency: Do insiders buy low and sell h high? Stephanie Roddenberry Longwood University Dr. Frank Bacon Longwood University ABSTRACT The purpose of this study was to test the semi-strong form efficient market hypothesis strong using insider sale and purchase announcements and their effect on the risk adjusted rate of return of the firms’ stock price. Past studies using varying methodologies‚ including the risk adjusted
Premium Stock market
There are three types of market efficiency: Ø - when prices are determined in a way that equates the marginal rates of return (adjusted for risk) for all producers and savers‚ market is said to be allocationally efficient; Ø - when the cost of transfering funds is “reasonable”‚ market is said to be operationally efficient; Ø - when prices fully reflect all available information‚ market is said to be informationally efficient. Bachelier (1900): In the opening paragraph of his
Premium Financial markets Economics Scientific method
Efficiency of an Incandescent Light Bulb Alex Mendez November 4‚ 2008 Purpose: The purpose of this lab was to examine the conversion of electrical energy to light and thermal energy as well as the efficiency of incandescent light bulbs. Procedure: To design this experiment we need to have a jar with water‚ temperature‚ and an voltage source. First‚ we poured 200 mL of water into a beaker then poured into a cup. We then stir up the water and measured the initial temperature of
Premium Incandescent light bulb Heat Fluorescent lamp
Energy efficiency in Traditional buildings Mărieş Oana 3rd Semester project Environmental Management and Sustainability Sciences 09 – 01 – 2013 Title:Picture Title: | Energy Efficiency in Heritage/UNESCO Buildings. The cases of Croatia‚ Scotland and RomaniaRoyal Castle from Săvârşin‚ Romaniahttp://www.monumenteuitate.ro/ro/monument/105/Savarsin-Palatul-familiei-regale#prettyPhoto | Project Period: | 01 September 2012 – 09 January 2013 3nd semester EMSS | Supervisor:
Premium World Heritage Site Cultural heritage UNESCO
Efficiency of Laptop in Certain Brands A Research Paper Presented to Ms. Priscilla M. Agaton English Resource Center Asia Pacific College Makati City Final Requirement for the Course RESWRT - Research Writing Julian Eymard R. Lisaca April 2014 Abstract The study was implemented to analyze the characteristics of a laptop which makes them efficient. Laptops are commonly used in a variety of settings‚ including work‚ education‚ and personal multimedia. Laptops are a diverse
Premium Laptop Personal computer Desktop computer
CHAPTER 2 RECOVERY EFFICIENCY OF AN EOR METHOD 2.1 SWEEP EFFICIENCY The overall recovery factor (efficiency) RF of any secondary or tertiary oil recovery method is the product of a combination of three individual efficiency factors as given by the following generalized expression: Fluid properties influence all three components of recovery efficiency. 1. Viscosities are found in the definition of mobility ratio‚ which affects areal and vertical sweep efficiency‚ including viscous fingering. 2
Premium Liquid Water Viscosity
The Efficiency and Effectiveness Problem of Facebook Marketing With more than 800 million active users (“Facebook F8‚” 2011)‚ Facebook is currently the world’s most popular social network. The considerable number of audiences provides marketers with an ideal platform to post promotions and advertisements. Activities integrating marketing practices with Facebook features are referred to Facebook marketing. Statistics show that (Bullas‚ 2010) the number of Facebook Ads has passed the milestone of
Free Advertising Facebook Marketing
Competitive market and economic efficiency/Competitive strategies according to market share Today competition is known as a contest between individuals‚ groups‚ animals for territory‚ a niche‚ or a location of resources. It arises whenever two or more parties strive for a goal which cannot be shared. Competition is also in the market; therefore it’s named competitive market. Let’s start by describing a competitive market. It’s a market with a large number of buyers and sellers‚ such that no
Premium Supply and demand
It is a known fact that almost everything done by man involves the use of money or money surrogates. Indeed the world we live in today cannot survive in the absence of money. Money enhances capital accumulation which in turn promotes economic growth. This is essentially why the capital market was created- to make provisions for easier access to fund which is used for developmental purposes and other businesses. In fact‚ for a nation to develop there is a dire need for that nation to have a functional
Premium Stock market Financial markets Stock
Asset efficiency ratio Asset efficiency ratios measure the efficiency with which an entity manage its current and non-current investments‚ and converts its investments decisions into sales dollars. There is a continuously increasing trend of asset turnover ratio for company alpha since 2009‚ from 3.77 times to 4.41 times. In comparison with company alpha‚ company beta shows a relatively slow increasing pattern from 0.90 times to 1.18 times. By contrast‚ it indicates that although both companies’
Premium Balance sheet Inventory Financial ratios