Stock market returns research papers
Research of the Causalities US Stock Market Returns and G-7
thus decided to tackle the causality issue by measuring performance using long-run stock returns.: stock returns, geomagnetic storms, seasonal affective disorders, misattribution of mood, behavioral finance. the scope of this paper, causalities of the US stock market returns and volatilities on stock market volatilities in Group of 7 (G-7) economies between 2Playing the field: geomagnetic storms and the stock market.
The “CAPS” Prediction System and Stock Market Returns % per year in long-run stock returns – 89% to 184% cumulative – even after controlling for other factors that drive returns. however, stock market volatilities in g-7 countries’ economies do not cause the us stock market returns in analysis period. unusually high levels of geomagnetic activity have a negative, statistically and economically significant effect on the following week’s stock returns for all u.
Playing the Field: Geomagnetic Storms and the Stock Market
this paper contributes to the existing literature by documenting the impact of geomagnetic storms on daily stock market returns. while the market is good at valuing tangible assets, such as profits and dividends, it is very slow at valuing intangibles such as employee satisfaction – perhaps because it wrongly thinks that employee-friendly companies are distracted from the bottom line and doesn’t view satisfaction as a desirable characteristic.” indeed, prior research found consistent support for the conventional view.