Nyckeltals förmåga att förklara kortsiktig avkastning för olika typer av bolag
: en kvantitativ studie av hur väl nyckeltal förklarar den kortsiktiga avkastningen hos tillväxt- respektive värdebolag

  • Fredrik Karlsson
  • Carl Lindell

    Student thesis: Bachelor

    Abstract

    Background:

    Trading on the stock market has recently experienced a technological development and become more available to more people. Here the shareholders trying to create an excess return in the stock market. In the opposite relationship, there are studies that say that there are no possibilities to create excess returns. This makes it interesting to investigate whether key ratios can explain returns for today’s companies.

    Purpose:

    The purpose of this study is to examine how well key ratios explain the short-term yield of growth and value companies. This is to find out whether any key ratio is more useful to explain the relationship to the short-term returns for growth or value companies.

    Methodology:

    The study is based on a quantitative method in which three key ratios have been analyzed using simple linear regression.

    Results:

    The result of the study shows that the key ratio, return on assets, is most useful to explain the short-term returns of growth and value companies.

    Date of Award2013-Sep-13
    Original languageSwedish
    SupervisorEmil Numminen (Supervisor) & Elin Smith (Examiner)

    Educational program

    • Degree of Bachelor of Science in Business and Economics

    University credits

    • 15 HE credits

    Swedish Standard Keywords

    • Business Administration (50202)

    Keywords

    • fundamental analysis
    • financial analysis
    • ratios
    • growth companies
    • value

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