Due to the recent lackluster performance in the stock market and low yields in the bond markets, investors have been looking for alternative investment opportunities. Publicly traded real estate investment trusts (REITs) have been a large beneficiary, receiving considerable flows of funds from...

Purpose – This study aims to look into how volatility significantly impacts the tracking error for daily-rebalanced leveraged bull and bear ETFs. Design/methodology/approach – Using Morningstar return data and Chicago Board Options Exchange (CBOE) volatility index (VIX) data, the paper...

Financial analysis interprets a company's past and present financial health and predicts its future condition. Although company financial statements contain a wealth of information to support this analysis, their interpretation may be complicated. Experts in this field are limited. This research...

A number of credit-scoring models that accurately classify consumer loan applications have been developed to aid traditional judgmental methods. This study compares the performance of multiple discriminant analysis (MDA) and neural networks in identifying potential loan. The neural network...

Different models of pricing currency call and put options on futures are empirically tested. Option prices are determined using different models and compared to actual market prices. Option prices are determined using historical as well as implied volatility. The different models tested include...