This paper investigates the stock characteristic preferences of active Australian equity managers. We examine the following characteristics: stock price variance, momentum, size, transaction costs, earnings yield, analyst coverage and the standard deviation of analyst forecasts. In aggregate we find that active managers exhibit preferences for stocks exhibiting high price variance, large market...

In this study, we built a network for the US stock market based on the correlation of different stock returns. Community detection techniques were then applied to the constructed correlation network. The resulting communities were consistent with the identified market sections using Standard Industrial Classification code, which demonstrates that performances of public stocks within the same se...

Pomfrets are one of the most ample high priced fisheries of the Bay of Bengal, Bangladesh. The present study featuring the comparison of the life history parameters of three Pomfrets i.e. Silver (Pampus argenteus), Chinese (P. chinensis) and Black (Parastromateus niger) is based on the monthly length frequency data from the commercial landings from July 2015 through June 2016. The length (TL) o...

The past decade has seen increasing activity regarding the peace process between Israel and its Arab neighbors. In this paper I study the return patterns of the Tel Aviv Stock Exchange index and of Israeli firms’ stocks traded in the United-States following announcements of news related to the peace process. I find that returns on the Tel Aviv Stock Exchange following political events are more ...

Researchers often refer to investment habitats/categories to explain the patterns of comovement in asset returns that cannot be fully clarified by fundamentals. Many factors determine these habitats including investor preferences to size, industry, price-levels and risk-levels. This paper investigates a unique method to explore investment habitat based on the search behavior of investors on the...

We examine the dynamic relation between return and volume of individual stocks. Using a simple model in which investors trade to share risk or speculate on private information, we show that returns generated by risk-sharing trades tend to reverse themselves, while returns generated by speculative trades tend to continue themselves. We test this theoretical prediction by analyzing the relation b...

The study examines whether the book value maximizers are the greatest wealth creators in stock market both in the context of sectors and companies in the Gulf Cooperation Council Markets. The study also analyzes the financial value drivers for wealth creation of companies in the Gulf Cooperation Council Markets. The survey part of the study is based on approximately 650 companies listed in six ...

Similarly priced stocks move together. Stocks that undergo splits experience an increase in comovement with low-priced stocks and a decrease in their comovement with highpriced stocks. Price-based comovement is not explained by economic fundamentals, firm size, or changes in liquidity or information diffusion. The shift in comovement following splits is greater for large stocks, high-priced sto...

Soil is the vital foundation of terrestrial ecosystems storing water, nutrients, and almost three-quarters of the organic carbon stocks of the Earth's biomes. Soil organic carbon (SOC) stocks vary with land-cover and land-use change, with significant losses occurring through disturbance and cultivation. Although urbanisation is a growing contributor to land-use change globally, the effects of u...

This paper investigates the extent to which stocks of Building materials firms listed in Nigerian Stock Exchange (NSE) are a hedge against the expected and unexpected inflation in Nigeria over the period 2000–2011. Unexpected inflation is computed as the difference between the actual inflation and the estimates of the expected inflation. The study used real rate of return on equity and regressi...