scispace - formally typeset
Search or ask a question
Topic

Stock (geology)

About: Stock (geology) is a research topic. Over the lifetime, 31009 publications have been published within this topic receiving 783542 citations.


Papers
More filters
Journal ArticleDOI
TL;DR: In this paper, the authors examined the short run dynamics of returns and volatility for stocks traded on the New York and Toronto stock exchanges and found that inferences about the magnitude and persistence of return innovations that originate in either market and that transmit to the other market depend importantly on how the cross-market dynamics in volatility are modeled.
Abstract: This study examines the short-run dynamics of returns and volatility for stocks traded on the New York and Toronto stock exchanges. The main finding is that inferences about the magnitude and persistence of return innovations that originate in either market and that transmit to the other market depend importantly on how the cross-market dynamics in volatility are modeled. Moreover, much weaker cross-market dynamics in returns and volatility prevail during later subperiods and especially for Canadian stocks with shares dually listed in New York. Implications for international asset pricing, hedging strategies, and regulatory policy are discussed.

581 citations

Journal ArticleDOI
TL;DR: In this article, a four variable vector autoregression model is developed and estimated in order to investigate the empirical relationship between alternative energy stock prices, technology stock prices and oil prices, and interest rates.

581 citations

Journal ArticleDOI
TL;DR: In this article, the authors examined short-sales transactions in the five days prior to earnings announcements of 913 Nasdaq-listed firms and found that abnormal short-selling is significantly linked to post-announcement stock returns.
Abstract: This paper examines short-sales transactions in the five days prior to earnings announcements of 913 Nasdaq-listed firms. The tests provide evidence of informed trading in pre-announcement short-selling because they reveal that abnormal short-selling is significantly linked to post-announcement stock returns. Also, the tests indicate that short-sellers typically are more active in stocks with low book-to-market valuations or low SUEs. The levels of pre-announcement short-selling, however, mostly appear to reflect firm-specific information rather than these fundamental financial characteristics. We believe that these results should encourage financial market regulators to consider providing more extensive and timely disclosures of short-selling to investors.

577 citations

Journal ArticleDOI
TL;DR: In this article, the authors measure the effect of actual short-selling costs and constraints on trading strategies that involve short selling and find the loans of initial public offering (IPO), DotCom, large-cap, growth and low-momentum stocks to be cheap relative to the strategies' documented profits.

576 citations


Network Information
Related Topics (5)
Volatility (finance)
38.2K papers, 979.1K citations
83% related
Portfolio
45K papers, 979.1K citations
83% related
Stock market
44K papers, 1M citations
82% related
Interest rate
47K papers, 1M citations
81% related
Earnings
39.1K papers, 1.4M citations
80% related
Performance
Metrics
No. of papers in the topic in previous years
YearPapers
202237
20211,825
20201,882
20191,697
20181,539
20171,706