The increase in stock prices is strongly influenced by dividends per share, earnings return on investment, and price book value. data collection technique this study uses financial report from all manufacturing companies listed the Indonesia Stock Exchange 2018, which are 131 a purposive sampling technique. results of both partially simultaneously show that Dividend Per Share (DPS) has an influ...

The Russia-Ukraine conflict has upraised the crude oil price and its volatility, which leads to fluctuations in corresponding industries markets. Existing literatures have studied impact of shock many respects, precious metal market significant responses unusual events, same for conflict. This paper studies spot gold silver’s price, return, volatility with respect return WTI, during period Nove...

This study is a quantitative that aims to determine the effect of return on equity (ROE), earning per share (EPS) and debt ratio (DER) stock prices. The price measured using natural logarithm closing price. population in this are procesed food industry companies listed Indonesia Stock Exchange 2018 – 2020. sampling technique used purposive sampling. sample amounted 51 samples 17 multiplied by a...

This paper proposes a swarm intelligence long-term hedging tool to support electricity producers in competitive electricity markets. This tool investigates the long-term hedging opportunities available to electric power producers through the use of contracts with physical (spot and forward) and financial (options) settlement. To find the optimal portfolio the producer risk preference is stated ...

This paper estimates the long-run stock price effects of excess inventory using nearly 900 excess inventory announcements made by publicly traded firms during 1990-2002. It examines the stock price effects starting one year before through two years after the excess inventory announcement date. Statistically significant abnormal returns are observed during the year before the announcement and on...

Under conditions of asymmetric information, the seller's choice of a selling institution entails sorting of buyers by valuation type in order to price discriminate and maximize profits. We consider the seller's choice between sequential search and an auction in the presence of discounting and transaction costs when selling n homogeneous units of a good. Our analysis shows that the expected retu...

The normality of the log-returns for the price of the stocks is one of the most important assumptions in mathematical finance. Usually is assumed that the price dynamics of the stocks are driven by geometric Brownian motion and, in that case, the log-return of the prices are independent and normally distributed. For instance, for the Black-Scholes model and for the Black-Scholes pricing formula...

Risk management and asset pricing benefit from simple functional descriptions of the distribution of real asset returns. Recently, several authors have proposed that asset returns in real stock markets are distributed according to a hyperbolic distribution. While asset returns are generated by trades over time, the natural question is: What does economic theory imply concerning return distribut...

We show that regulators’ price-setting, rate base, and allowed rate of return decisions are inextricably linked. Once regulators switch from traditional rate of return regulation, the irreversibility of much infrastructure investment significantly alters the results of the usual approach to price-setting, as exemplified by Marshall, Yawitz and Greenberg (1981). In particular, the practice of ‘o...