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Mit der digitalisierungsbedingten Zunahme kontinuierlich erfasster Massendaten aus unterschiedlichsten Quellen entsteht die Hoffnung, einen besseren Zugang als je zuvor zur Realität zu erhalten. Angesichts des Big-Data-Phänomens stellt sich dabei für Handelsunternehmen die Frage, welche...
Persistent link: https://www.econbiz.de/10012115246
Persistent link: https://www.econbiz.de/10012549586
, the pricing efficiency, the tracking ability/performance, and the impact on underlying securities of exchange-traded funds …
Persistent link: https://www.econbiz.de/10010814850
Purpose – The purpose of this study is to extend the work of DeFusco, Ivanov and Karels by examining pricing deviation …, which is the ETF pricing deviation. Findings – The paper finds that the DIA, SPY and QQQQ pricing deviations are 0.0429, -0 … (increase) in the pricing deviation of QQQQ after December 1, 2004 which DeFusco, Ivanov and Karels could not explain. On …
Persistent link: https://www.econbiz.de/10010639482
Purpose – Leveraged and inverse ETFs (hereafter leveraged ETFs) have received much press coverage of late due to issues with their performance. Managers and the media have focused investors' attention on the impact of compounding, when the funds are held for more than one day. The aim of this...
Persistent link: https://www.econbiz.de/10010639485
Purpose – The aim of this paper is to examine the informational efficiency of prices of all exchange traded funds (ETFs) that are actively traded on the NYSE Arca, based on methodology developed by Chordia et al. Design/methodology/approach – The authors estimate the speed of convergence to...
Persistent link: https://www.econbiz.de/10010639488
, the pricing efficiency, the tracking ability/performance, and the impact on underlying securities of exchange‐traded funds …
Persistent link: https://www.econbiz.de/10014940294
Purpose – The purpose of this study is to extend the work of DeFusco, Ivanov and Karels by examining pricing deviation …, which is the ETF pricing deviation. Findings – The paper finds that the DIA, SPY and QQQQ pricing deviations are 0.0429, −0 … (increase) in the pricing deviation of QQQQ after December 1, 2004 which DeFusco, Ivanov and Karels could not explain. On …
Persistent link: https://www.econbiz.de/10014940296
Purpose – The aim of this paper is to examine the informational efficiency of prices of all exchange traded funds (ETFs) that are actively traded on the NYSE Arca, based on methodology developed by Chordia et al. Design/methodology/approach – The authors estimate the speed of convergence to...
Persistent link: https://www.econbiz.de/10014940298
Persistent link: https://www.econbiz.de/10003322497