Sumários
Brief description of institutions and financial markets
31 Março 2022, 11:00 • Rita Sousa
Objectives
Financial markets
- Key roles of financial markets
Securities traded in financial markets
- Money market securities
- Capital market securities
- Derivative Securities
Market Efficiency
24 Março 2022, 11:00 • Rita Sousa
Event studies
Abnormal returns
Interpreting the evidence
A Behavioural Interpretation
Market Efficiency
22 Março 2022, 11:00 • Rita Sousa
Efficient market hypothesis (EMH)
- weak-form hypothesis
- semistrong-form hypothesis
Implications of the EMH
- technical analysis
- fundamental analysis
- active versus passive portfolio management
- the role of portfolio management in an EMH
Index Models
17 Março 2022, 11:00 • Rita Sousa
Index Model estimation
The CAPM and the index model
Practice questions